24.62+/- Acres, 16+/- Tillable, Office & Shops - Homer, IL

Commercial Auction in 2310 County Rd 1050 N, Homer, Illinois, United States

15 Tuesday
15th October, 2019
Curran Miller Auction/Realty, Inc.

24.62+/- Acres, 16+/- Tillable, Office & Shops - Homer, IL

Commercial Auction in 2310 County Rd 1050 N, Homer Illinois, United States

Tuesday at - 15th October , 2019

Notes

This Live Auction with Online Bidding Features: 24.62+/- Acres with 16.2 +/- tillable acres and 38,848 sq ft of office, shop, and storage buildings to be offered in 2 tracts and entirety.

Subject to the following Zoning, Variance, Special Use Permits • The property is currently zoned AG-1 with a Special Use Permit filed currently authorizing drying, processing and selling seed corn on the subject property (case 533-S-85). • Tract 1 will require the new owner to apply for and receive a new and specific special use permit, file a variance, OR proceed with a zoning map amendment changing the property zoning to a B-1 Rural Trade or B-2 Neighborhood Business. • Tract 2 will remain and be transferred to the new owner as AG-1. • In the event that the tracts sell together in combination, the buyer will need to apply for and receive a new and specific special use permit for the property, file a variance, OR proceed with a zoning map amendment changing the property zoning to a B-1 Rural Trade or B-2 Neighborhood Business. • The buyer will have 90 days to complete any and all necessary zoning, permits, or variance processes AND close the transaction. Upon written request a one time 30 day extension shall be granted should it be needed to complete the approval process outlined by the Champaign County Dept. of Planning & Zoning. Any new zoning approval is not necessarily guaranteed – contact the Department of Planning and Zoning for more information. Tract 1 is exempt from the above if the buyer is a farmer or planned use of the buildings is for agricultural equipment storage. • Real estate shall sell subject to owners’ approval. • 10% earnest money deposit due within 24hrs of auction with balance due within 90 days. Upon written request a one time 30 day extension shall be granted should it be needed to complete the approval process outlined by the Champaign County Dept. of Planning & Zoning. Purchaser shall assume the real estate taxes due & payable in Spring 2020 • Possession shall be at final closing, with the current farm tenant having rights to the fall 2019 crop. • Any fee charged by a title company or escrow agent to close the transaction (typically $250 to $300) shall be split evenly between buyer & seller. • This live auction is not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by Bidder and or Buyers at registration prior to bidding. • Any and all Mineral Rights the seller owns shall be conveyed to the new buyer(s), the will not be a mineral rights search. • The sale of this property is subject to any and all easements of record. • The sale of this property is subject to all state and local zoning ordinances. • Parcel dimensions and acreages are based on legal descriptions & public records • Aerial photos are for illustration purposes only and not surveyed boundary lines. • Curran Miller Auction / Realty, Inc., Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Curran Miller Auction / Realty, Inc. and its Agents and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc. • Please check for updated information prior to scheduled auction time to inspect any changes, corrections, or additions to the property information. All information contained in this information packet and all related materials are subject to the terms and conditions outlined in the Contract for Sale of Real Estate agreement. 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 Curran Miller Auction / Realty, Inc., Agents or Representatives. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure and on the website is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller, Curran Miller Auction / Realty, Inc., Agents or Representatives. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. All decisions of Curran Miller Auction / Realty, Inc. are final. Any dispute between Curran Miller Auction / Realty, Inc., its Agents or Representatives and the Buyer(s) will be tried in a court of jurisdiction in Vanderburgh County, Indiana. By bidding on the property, buyer agrees to all terms and conditions set forth. • Buyer and or Bidder agrees to hold harmless and indemnify Curran Miller Auction / Realty, Inc. and its Agents, Owners, Directors, Employees and its Representatives from any and all claims, damages or suits including but not limited to awards, judgments, costs, fees, etc. • Any and all announcements made day of auction take precedence over previously stated terms.

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