9 acres Herrin IL 2717AL

Online Only Auction

Buy A Farm Land & Auction Co

2802 Park Avenue

Herrin, IL 62948

Date(s) 6/14/2021 - 8/5/2021

On Line only

Past Auction

Online-Only Auction

Catalog

View Catalog (1 Lots)

Bidding Notice:

SALE SUBJECT TO CONFORMATION OF SELLERS.

Auction Notice:

Property Inspection: Saturday, July 24, 10 a.m. to Noon. Meet at the North entrance OR By Appointment - Call Listing Agent Kayleigh Witter at 618-445-1790 or Auctioneer/Broker Wayne Keller at 618-407-1679

Auction Information

Name	9 acres Herrin IL 2717AL
Auctioneer	Buy A Farm Land & Auction Co
Type	Online-Only Auction
Date(s)	6/14/2021 - 8/5/2021
Auction Date/Time Info	On Line only
Preview Date/Time	By Appointment
Checkout Date/Time	July 15, 2021 by 8 PM CST
Location	2802 Park Avenue Herrin, IL 62948
Buyer Premium	No Buyer's Premium
Description	9 acres along IL Rt 148 at the South edge of Herrin IL at 2802 S. Park Avenue, next to 1st Christian Church of Herrin. It is zoned B2 Hwy, which will allow a residence or business and is in a TIF #3 district. A 30' strip reaches out the East side of the property to Ryan Drive. The property is mostly wooded with high ground suitable for building along with some creek bottoms. There was once a home on the SW corner of the property that was torn down some time ago. Plenty of room to build a home back in the woods off the highway or a commercial venture.

Terms and Conditions

NO BUYER'S PREMIUM YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. SALE IS SUBJECT TO THE CONFIRMATION OF THE SELLERS PROCEDURE: Property is offered as 1 tract, no divisions. $1000 bid increments. SHORT LEGAL: Part of SE ¼, Section 6, Township 9 South - Range 2 East, Williamson County Illinois TAX ID: 06-06-400-036, 06-06-400-014, 06-06-400-033 REAL ESTATE TAXES: $1222.70 (2019 paid 2020). Pro-rated to closing date. SURVEY: None provided. MINERAL: Any mineral owned will transfer, if any. None believed to be owned. CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co. Trust Account. The balance of the contract purchase price is due at closing. TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Insurance, a proper deed conveying merchantable title to the real estate to the buyer(s) and tax transfer stamps. Buyer will pay the deed recording and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer & Seller. CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. Seller shall pay for recording release from any mortgage. Buyer shall pay for recording the deed of conveyance from Seller and any mortgage title insurance charges. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing. POSSESSION: Possession will be given at closing. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co. LLC. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "As Is, Where Is". Any bid placed inside 5 minutes will extend the auction bidding another 5 minutes. This will continue until there are no more bids. AUCTIONEER: Wayne Keller, IL Lic #441.002475

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 9,999,999.99	1,000.00 USD

Payment Information

Currency	USD
Buyer Premium	No Buyer's Premium
Payment Terms	A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of wire transfer, personal check, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land and Auction Company Trust Account. The balance of the contract purchase price is due at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. This is a cash sale auction. Be sure to have financing arranged in advance.

Shipping / Pick Up

Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.