HOME AND STEEL FRAME BUILDING ON 9.87 ACRES


  • 9.87 Acres Offered in 3 Tracts, Combinations, and Entirety
  • Zoned Industrial and Residential
  • 30′ x 40′ Steel Framed Building
  • 2-Bedroom, 2-Bath Home with Updated HVAC

LIVE ON-SITE AUCTION
Began: 03/16/17 at 5:30 PM CDT
Location: 506 S. Court St, Grayville, IL 62844
INSPECTION
Began: 03/01/17 at 12:00 PM CST
Ended: 03/01/17 at 1:30 PM CST
Location: 506 S. Court St, Grayville, IL 62844

INSPECTION
Began: 03/12/17 at 1:00 PM CDT
Ended: 03/12/17 at 2:30 PM CDT
Location: 506 S. Court St, Grayville, IL 62844


REAL ESTATE AUCTION

THURSDAY, MARCH 16, 2017 • 5:30 PM CT

HOME AND STEEL FRAME BUILDING ON 9.87 ACRES

 William Wilson Auction & Realty, Inc. has been authorized to sell the real estate located at 506 S. Court St, Grayville, IL 62844.

DESCRIPTION:

  • 9.87 Acres Offered in 3 Tracts, Combinations, and Entirety
  • Zoned Industrial and Residential
  • 30′ x 40′ Steel Framed Building
  • 2-Bedroom, 2-Bath Home with Updated HVAC

AUCTION LOCATION: The auction will take place on-site at 506 S. Court St, Grayville, IL 62844 on Thursday, March 16, 2017 at 5:30 PM CT.

INSPECTIONS:

• Wednesday, Mar 1, 2017 – 12-1:30 PM

• Sunday, Mar 12, 2017 – 1-2:30 PM (all times Central Time)

AUCTIONEER’S NOTE: Here is a fantastic opportunity to develop this prime real estate just south of Grayville on IL-1 — potential commercial development opportunity, beautiful homesite with wooded acreage and gated access.  We are proud to offer this property for the Hill family!

OWNER: Lilly Hill               

All announcements the day of the auction take precedence over printed material or any other oral statements made.

PROCEDURE: The real estate will be offered in (3) tracts, in combinations of tracts and in the entirety.  There will be open bidding during the auction as determined by the Auctioneer.  Conduct of the auction and increments of bidding are at the discretion of the auctioneer.  All decisions of the Auctioneer are final.

DOWN PAYMENT: A 10% down payment is due on the day of the auction with the balance due at closing.  The down payment may be in the form of cash, cashier’s check, personal check or corporate check.  Bidding is not conditional upon financing. Bidders should arrange for financing, if needed, and be capable of paying cash at closing.

ACCEPTANCE OF BID: Successful bidder(s) will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction.  The final bid price is subject to the seller’s acceptance or rejection.

BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the high bid to determine the contract sale price.

DEED: Sellers shall provide a Warranty Deed conveying title to the property.

CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of the presentation of insurable title.

POSSESSION: Possession of real estate shall be delivered to the buyer at closing.

REAL ESTATE TAXES: The real estate taxes will be prorated to the date of closing.

ACREAGE: All tract acreages, dimensions, and proposed boundaries outlined on the auction plat and all advertising are approximate and are estimated based on current legal descriptions and/or aerial photos.  Purchaser should make his/her own independent determination of acreage prior to bidding. 

SURVEY: If a survey is deemed necessary to establish a new legal description, the cost of the survey will be shared 50/50 between the seller and buyers.  Combination purchases will receive a perimeter survey only.  Any survey will be completed by Morley & Associates.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this ad and all related materials are subject to the terms and conditions outlined in the Purchase Agreement, which shall take precedence.  The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or WILLIAM WILSON AUCTION & REALTY, INC., including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title, location of utilities, assurance of building permits, driveway permits, or water and septic permits. All sketches and dimensions are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property.

From Interstate-64 in Illinois just west of Indiana state line, take Exit 130 for IL-1 north toward Grayville.  Proceed approx. 1 mile.  Watch for signs.

Click on any image to view larger.

Click on any image to view larger.

Click on any image to view larger.

Click on any image to view larger.

Your auction should be printing now. If not, please click here.

AuctionServices