MCDONOUGH COUNTY, IL LAND AUCTION - GREUEL HOLDINGS, LLC

Monday, August 26, 2024 - 1:00 PM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at

(844) 847-2161

How to participate in a Virtual Online Auction

LOCATION

Colmar, McDonough County, Illinois

This facility is located on IL Highway 61 at the north edge of Colmar, Illinois. Colmar is approximately 4 miles south of the intersection of US Highway 136 and IL Highway 61.

SELLER

Greuel Holdings, LLC

MANAGED BY

Colette Kennedy (309) 360-1226

GENERAL INFORMATION

Grain Facility • 1 acre± • 1 tract

AUCTION BROCHURE

VIEW INTERACTIVE AUCTION BROCHURE

INTERNET BIDDING CATALOGS

CLICK HERE FOR INTERNET BIDDING AND IMPORTANT DOCUMENTS

SOLD!

TOTAL LUMP SUM - $12,000.00

TRACT INFORMATION

(3) Chicago 60’ diameter bins with aeration fans
15’ x 46’ enclosed dump pit and (3) overhead holding bins
(2) 110’ elevator legs and (1) 96’ elevator leg
Chicago 3 stage 1,500 bushel/hour gas dryer
45’ x 80’ warehouse/storage building with concrete floor and outside loading dock
All situated on approximately 1 acre+/-
Real Estate Taxes: $1,254.16 (PIN 10-000-420-05)

Please note: This grain facility has NOT been in operation recently and cannot be operated commercially. The large LP tank is owned by West Central FS and is not to be considered part of the real estate.

METHOD & TERMS

This grain facility will be sold for a lump sum total dollar amount.

Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay twenty percent (20%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Wednesday, September 25, 2024.

The seller will provide title insurance in the full amount of the purchase price. The 2024 taxes will be prorated to the date of closing. Buyer will be responsible for the 2025 taxes and beyond. Possession will be given at the time of closing; however, early possession can be given with proof of liability insurance.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.