Lot # : 1 - Rocky Waters Vineyard and Winery - Online Auction

Online Only Auction
Rocky Waters Vineyard and Winery - Online Auction
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Hanover, IL 61041
Date(s)
8/20/2024 - 9/16/2024
AUCTIONEER INFORMATION
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Information
Lot # 1
Group - Category Real Estate - Commercial Properties
Lead Rocky Waters Vineyard and Winery - Online Auction
Description
This phenomenal investment opportunity on 112 acres in the Galena Hills with a 5 acre lake, 3 Exquisite Lodges, and a Winery! Breathtaking views of the Galena territory makes this property an ideal choice for weddings, and special events, and even the prospect of a future resort. An award winning 25-acres vineyard with the potential to expand up to another 35 acres, this property offers turn -key income potential. This estate provides Beautifully hand crafted homes with a 15,000 sq. ft. Luxurious main Lodge with room for conversion into bed & breakfast and a additional apartment. The Lodge features magnificent views & wrap around decks for an immersive outdoor living experience, an exquisite gourmet kitchen, lower -level event space for up to 115 people. Parking over 100 spaces, 425 ft. deep well, 5 acre stocked lake, spring fed, with a private Fisherman's cabin, (sized for 10 people) beach area, currently serves as a in demand VRBO rental. Large metal machine shed for equipment storage, all equipment stays. This real estate shows more than pride, but craftsmanship! with a relaxing glass of excellent wine! This Property is being Sold ''As Is" for more information call Jeff Prochnow, Auctioneer/Broker @ 309-261-4537 or Amanda Wycoff, Broker @ 309-242-2647 **Online Auction ends September 16th at 5pm central time ***information in this ad is considered accurate, however, it is subject to verification and no liability for errors or omission is assumed. Auction subject to sellers confirmation. Prochnowauctions.Hibid.com
Name Rocky Waters Vineyard and Winery - Online Auction
Auctioneer
Prochnow Auctions
Type Online-Only Auction
Date(s) 8/20/2024 - 9/16/2024
Auction Date/Time Info
August 20 - September 16th at 5pm
Checkout Date/Time September 16th at 5pm
Location
2003 West Hanover Rd
Hanover, IL 61041
Description
This phenomenal investment opportunity on 112 acres in the Galena Hills with a 5 acre lake, 3 Exquisite Lodges, and a Winery! Breathtaking views of the Galena territory makes this property an ideal choice for weddings, and special events, and even the prospect of a future resort. An award winning 25-acres vineyard with the potential to expand up to another 35 acres, this property offers turn -key income potential. This estate provides Beautifully hand crafted homes with a 15,000 sq. ft. Luxurious main Lodge with room for conversion into bed & breakfast and a additional apartment. The Lodge features magnificent views & wrap around decks for an immersive outdoor living experience, an exquisite gourmet kitchen, lower -level event space for up to 115 people. Parking over 100 spaces, 425 ft. deep well, 5 acre stocked lake, spring fed, with a private Fisherman's cabin, (sized for 10 people) beach area, currently serves as a in demand VRBO rental. Large metal machine shed for equipment storage, all equipment stays. This real estate shows more than pride, but craftsmanship! with a relaxing glass of excellent wine! This Property is being Sold ''As Is" for more information call Jeff Prochnow, Auctioneer/Broker @ 309-261-4537 or Amanda Wycoff, Broker @ 309-242-2647 **Online Auction ends September 16th at 5pm central time ***information in this ad is considered accurate, however, it is subject to verification and no liability for errors or omission is assumed. Auction subject to sellers confirmation. Prochnowauctions.Hibid.com
Property sells "AS IS" with no warranties the successful bidder(s) must sign a contract provided by sellers attorney to purchase immediately following the close of successful bidding on the day of the auction. This contract is not negotiable. The final bid is subject to approval by the seller and the seller reserves the right to withdraw the property from sale at any time prior to receiving an acceptable bid. Arrangements for the Five (5) % down payment (non-refundable) is due on the day of the auction closing, upon signing a contract. The down payment payable to the title company escrow account. Financing should be arranged if needed & buyer must be capable of paying 5% down payment (no refundable) on the day of auction. The remainder of the purchase price is payable at closing. Closing: 30 days after the close date of the auction. Possession of property will be given at closing. Real Estate Taxes prorated up to the closing date. Agency: Jeff Prochnow Auctions PLLC. (Berkshire Hathaway Central Illinois Realtors as sponsoring broker) and its representatives are exclusive agents of the seller.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Payment Terms
The successful bidder(s) must sign a contract to purchase immediately following the close of successful bidding on the day of the auction. This contract is not negotiable. The final bid is subject to approval by the seller and the seller reserves the right to withdraw the property from sale at any time prior to receiving an acceptable bid. Arrangements for the Five (5) % down payment is due on the day of the auction closing, upon signing a contract to purchase. The down payment can be paid to the title company in the contract or the escrow account. Financing: Bidding is not conditional upon financing. Financing should be arranged if needed & buyer must be capable of paying cash down payment on the day of auction. The remainder of the purchase price is payable at closing. Closing is to be planned for 30 days after the close date of the auction.
After - September 16th at 5pm
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