DOWN PAYMENT:$5,000 down payment of the final bid price due on the day of the auction with balance in cash at closing. The down payment may be in the form of cash, cashiers check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.

DEED: Seller shall provide a Warranty deed.

EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.

CLOSING: Closing shall take place in 30 days,

POSSESSION: At closing.

REAL ESTATE TAXES: Taxes are pro-rated and final at day of closing

ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos.

SURVEY: There shall be no survey

EASEMENTS: The sale of the property is subject to any and all easements of record.

ONLINE BIDDERS: All online bidders will be required to abide by the same terms. They will be required to complete the purchase agreement within 24 hours from the auctioneer declaring the property sold at the auction.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. Tract acreage has been estimated based on aerial photographs. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, 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. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company 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.

ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE.

12.8 Acre Real Estate Auction Tuesday May 28, 2019 11:00am CST Located at 25651 S Sangamon St. Crete, IL. Up for auction is this 12.8 acre parcel of land in Crete, IL. Zoned Ag this location was previosuly a transmission tower site, all towers have been removed, and is now open to a redevelopment opportunity. This great location is located less then 1 miles from Rt 1 and 394 and less than 5 miles from I-57. On the property is a 600 square foot usable building and property is completely fenced. Perfect location for your business, potential farm property, or use it as a recreation property. Real estate taxes are under appeal. Previously Listed for $250,000 Minimum Opening Bid: $25,000 Open House: May 21 11am-1pm. Can't make it? Call for a private showing. Terms: $5,000 non-refundable down payment day of the sale, closing in 30 days, possession at closing, warranty deed, taxes pro-rated and final at closing, minimum bid of $25,000, and subject to 10% buyer's premium or $3,500 whichever is greater. McColly Real Estate Auctioneer Jonathan Kraft - 441.001494 219-973-9240 - KraftAuctions.com McColly Bennett Commercial Advantage Real Estate Listing Agent Buck Tamblyn - 815-549-4301