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227 Acres in 10 Tracts - Farmers, Investors and Home Buyers
Thursday, October 30, 6:04 pm Kankakee, IL · Kankakee County
Owner: Franklin R. Bevan Estate - Robert Labeau, Attorney
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Contact Sales Manager:
Richard Resler
815-933-5864
Rex Schrader
260-244-7606
Request a Brochure:
Mail me this Brochure
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Tract Map - Click to enlarge
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Productive Tillable Land
Woods
Country Home
Just 3 Miles West of Kankakee, IL
1 Mile North of Limestone School
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PROPERTY LOCATION:Located 3 miles West of Kankakee, IL or I mile North of Limestone School. From Kankakee, travel west on SR 17 for 3 miles to CR 5000 W. Turn right (north) on CR 5000 W and travel 1.5 miles to the property on right. Watch for Signs
AUCTION LOCATION:The VFW HALL ON JEFFREY ST. KANKAKEE, IL
PROPERTY DESCRIPTION:
LEGAL: 227 acres more or less in Sections 21 & 28, Limestone Township, Kankakee Co., IL.
ZONING: R1 - Residential
BUILDINGS: 2-Story Frame House in Excellent Condition
SOIL TYPES: Ridgeville, Faxon & Gilford
TRACT 1: 2-Story Frame House on 2 Acres in Limestone Twp. with great setting:
Large old Trees, 1 mile from Limestone School, 1 mile from Limestone Park, 3 miles from town. This tract can be purchased with additional land. ADDDRESS: 2189 North 5000N, Kendallville, IL 60901
FEATURES: Vinyl Siding, 3 Bedrooms, 2 Bath (1 up, 1 down), Hardwood Floors, Central Air, Ceiling Fans, 200 Amp Service, Modern Kitchen, Fireplace with electric insert, 2-Car Garage w/ Door Opener, Full dry Basement, Ready for occupancy.
Purchase a 20 - 40 - 80 - 100 acre tract of all tillable land w/ future building potential
Purchase Tract 2 & 4 for a beautiful 47 acre wooded building site

AUCTION TERMS & CONDITIONS:
AUCTION PROCEDURE: Farm will be offered in 10 tracts, any combination of the 10 tracts or as a total unit. Bidding shall remain open on all tracts and combination of tracts throughout the auction. Owner reserves the right to accept or reject any and all bids. The property is being sold on an AS IS WHERE IS basis, and YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.
DOWN PAYMENT: Fifteen percent (15%) down on Sale Day upon signing a Purchase Agreement immediately following the close of bidding: business check, cashiers check or Personal check.
CLOSING: Closing will be on or before November 30, 2008. The balance of the purchase price is due and payable in cash at closing,
TAXES: Seller will pay 2008 real estate taxes and retain all 2008 income
SURVEY: Seller will provide a survey
POSSESSION: will be given at closing subject to present tenants right to fall harvest.
EVIDENCE OF TITLE: Seller will provide title insurance in the amount of purchase price
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase 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 the Auction Company. 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 this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the Auctioneer are final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
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