Land Auction 169.5 + or - ACRES OF RECREATION, HUNTING & CRP

169.5 + or - ACRES OF PRIME INCOME PRODUCING RECREATION LAND

 MARION COUNTY, IL

AUCTION SITE – VANDALIA AMERICAN LEGION, 321 S 7TH ST, VANDALIA, IL

Directions to auction site: Off I-70 at Vandalia, IL take exit 63 go south on Kennedy Blvd (Rt. 51) 1.3 miles then west on W. Gallatin St. 3/10’s of a mile and back south on 7^th St. 2 blocks.

TRACT 1 — 57.5 ± Acres, approx 36 acres CRP and 21.5 acres of woods, located sec 17, Foster Township, Marion County, IL

TRACT 2 — 37 ± Acres, approx 5.8 acres CRP and 20 acres woods, mature trees and small stream, located sec 17, Foster Township, Marion County, IL

TRACT 3 — 47.5± Acres, approx 20.9 acres CRP, some woods, mature trees and small stream, located sec 8, Foster Township, Marion County, IL

TRACT 4 — 27.5± Acres, approx 14.2 acres CRP, beautiful woods with mature trees and creek, located sec 8, Foster Township, Marion County, IL

DIRECTIONS TO PROPERTY:  Directly west of Vandalia, IL go south on U.S. Rt. 51 approx 11 miles or north on U.S. Rt. 51 approx 9 miles from Sandoval then east on Lair Ave eventually becomes Vermundy Rd and go 4.7 miles east. Go south on Griffin Rd 775E 9000BLK-. (Runs in middle of tracts). 

Auction Company will be present for property viewing

Tuesday, May 22^nd

9:00AM-11:00AM.

Extremely close to North Fork Kaskaskia River and Patoka Lake!

Located between Vandalia, St. Peter, Salem and Carlyle Lake! Deer, Turkey and mushroom hunting! Turkey and Quail are prolific. QDM Quality Deer Management initiatives were utilized for 14 years on this property. Possible building sites!!!

Property is only 80 miles approx from St.louis, MO and 260 miles from Chicago, IL. Road Frontage on all 4 Tracts!!!

Income producing recreational property with an annual income of $6,783.00 approx $88.21 an acre. Property is signed up in CRP until 2019 to farm property a buyout would cost approx $176.42 per acre + 25% of annual payment and interest each year it was paid out.

CAN’T ATTEND IN PERSON? BID LIVE ONLINE AT: www.bidspotter.com

MUST BE REGISTERED 24HRS IN ADVANCE TO BID ONLINE

  Terms & Conditions:

Real Estate “As Is”. 10% down sale day remainder due at closing 30 days. Property will be sold in manner resulting in the highest sale price subject to seller confirmation. Tract 1, 2, 3 and 4 offered choice. Successful bidder will be required to enter into a purchase agreement at the auction site following close of the auction. It is the potential bidder’s responsibility to conduct his or her own independent inspection inquiries & due diligence concerning the property. Information contained herein is believed to be accurate but subject to verification by all parties relying on it. Announcements sale day take precedence over printed material. Schmid Auction is not responsible for accidents.

 Sellers:Jeffrey A & Mary J Westerhold Trust