Virtual Online Auction
Sale Date: Wednesday, October 9, 2024
Sale Time: 10:00 AM CDT
Seller: Performance Auction Group, Inc.
6.97 TAXABLE ACRES MINI FARM / BUILDING SITE LAND AUCTION
1857 State Hwy 94 (190th Ave W) – Reynolds, Mercer County, Illinois
Representing Attorney:
Karl Bredberg
Katz Nowinski, P.C.
PO Box 208
2020 SE 3rd St.
Aledo, IL 61231-0208
(309) 582-5327
Auction Representative:
Dale Jones (309) 299-6400
IN COOPERATION WITH
EXP Realty LLC
Frick and Fell Home Sales
Starr Fell (309) 582-6425
Zach Frick (309) 738-8708
BIDDING IS NOW LIVE!
LOCATION & GENERAL INFORMATION
The Performance Auction Group, Inc. acreage is located at 1857 State Hwy 94 (190th Ave. W), Reynolds, Mercer County, IL. The acreage is further described as 6.97 taxable acres located in Section 4, T15N R3W, Perryton Township, Mercer County, IL. Detailed directions are 10 miles north and east of Aledo, IL or 3 miles west of Reynolds, IL on IL Rt. 94. To view the property, call auction manager Dale Jones at (309) 299-6400, or the cooperating brokers.
AUCTIONEER'S NOTE
Make plans to participate in this virtual live online auction! Performance Auction Group, Inc. purchased this property to build a new home, but instead purchased another home, and have no further use for this property. This is a fantastic location and potential building site for your new country home or barndominium! The existing pole building already has plumbing rough-ins started and frost barrier insulation in place for future concrete flooring. There are other outbuildings, a well agreement and septic system located on 6.97 taxable acres and 5 acres of income producing Class A soil. Opportunity abounds for someone longing for the country!
REAL ESTATE DETAILS
- Situated on 6.97 taxable acres
- Fantastic building site
- Mercer County schools
- Perfect for horses or 4H livestock
- Class A soil currently used for 5 acres of hay production
- Paved state highway frontage
- Only 25 minutes from the Illinois and Iowa Quad City area
- Only 30 minutes from Muscatine, IA
- 35 X 45 pole building
- 18 X 35 metal RV storage building
- 12 X 20 Utility shed style cabin with front porch, loft and new metal roof
- Existing electrical service
- Well water agreement
- Septic system
- Large asphalt parking area
- Recently refreshed private driveway with ground, recycled asphalt product
- Camper electricity hook-ups and septic connection
- Entire perimeter fenced, with posts ready for your new cross-fencing.
- (10) recently planted Arborvitae evergreen trees and (2) white pine trees
- Producing apple trees
- Blackberry, raspberry and grape vines
- Recently planted asparagus bed and blueberry bushes
- Barndominium floor plans available upon request
- Approximately 34 large round bales of hay 2024 season
- This fantastic mini farm and building site is ready for you!
METHOD & TERMS
The real estate will sell for a lump-sum, total dollar amount.
Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection.
Immediately following the auction, the successful buyer(s) will be required to enter into a written Real Estate Sales Contract with the seller and pay $15,000 as a non-refundable down payment. The balance of the bid price will be due at the time of closing, on or before Friday, November 8th, 2024.
The seller will provide title insurance in the full amount of the purchase price. The 2024 real estate taxes will be prorated to the date of closing. Buyer to pay the 2024 and all subsequent taxes. Possession will be given at the time of closing.
The 20ft shipping container and 10X20 utility shed do not convey with the real estate.
The real estate sells as-is. Buyers are assumed to have conducted their own inspections and due-diligence prior to bidding on the real estate.