Auction Information
Online Bidding SiteIllinois Land for Sale at Auction: Monroe County
Due to the lack of use, we have decided to sell our 100+/- acres near Kidd Lake at Internet Only Auction.
- Seller: Paul A. Koch Revocable Trust
Bidding ends Wednesday, February 6th at 10 AM.
When it comes to waterfowl hunting, this 100+/- acre farm in Monroe County has the potential to be something special. The farm is located just 2.2 miles from the Mississippi River and is adjacent to the Kidd Lake State Natural Area making it ideally located for the waterfowl enthusiasts. If you have the vision, time, and capability this property could be really dynamite.
Call Jason Wallingford (314) 882-6971 or Susan Slemmer (314) 974-7266 with questions.
Tract 1: 30+/- acres accessed via ingress/egress easement from Kidd Lake Road.
Tract 2: 70+/- acres accessed via ingress/egress easement from Kidd Lake Road.
Terms & Conditions
1. PROCEDURE: Bidding ends Wednesday, February 6, 2019, at...
1. PROCEDURE: Bidding ends Wednesday, February 6, 2019, at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes. All bids placed are by the acre.
2. BUYERS PREMIUM: 5% Buyers Premium will be added to the final bid price to arrive at the contract sales price.
3. ACCEPTANCE OF BID PRICES: Winning bidder(s) will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Thursday, February 7, 2019 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason.
4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted.
5. CLOSING: Closing shall be on or before 3:00 PM., Wednesday, March 6, 2019.
6. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any.
7. TITLE: Seller shall furnish the buyer(s) at Sellers expense an Owners Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s).
8. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title. Sales price will be adjusted based upon surveyed acres.
9. REAL ESTATE TAXES: 2019 Real Estate taxes to be paid by the Buyer.
10. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction.
The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. 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. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding.