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Real Estate Auction- 41 +/- Acres East Fork and Borah Lake Area Properties

41 +/- Acres

Richland County, Illinois Land – Olney, Illinois

East Fork and Borah Lake Area Properties

Thursday, October 29th at 6pm

Auction Location: Parkside Event Center At the Best Western

367 N West St Olney, IL

Seller: Carolyn Sue Brooks Estate – “Susi Brooks”

Imagine your home, vacation rental, or campground!

Don’t miss out on this excellent investment opportunity.

Tract #   Acres +/-
1 Borah Lake Frontage/Cabin 5
2 Home & Outbuildings 5
3 Buildable/Tillable Tract 5
4 Buildable/Tillable Tract 9
5 Buildable Tract 9
6 Borah Lake Frontage 8

Tract 1

This owned, lake-front property on Borah Lake consists of 5+/- acres with a pole barn and a 1 bed, 1 bath cabin. The cabin sits on a basement. The house on this property needs extensive repair.

Tract 2

This unique 4 bed, 4.5 bath home has many possibilities! There is an indoor pool, a partial basement, a hidden room, and other exciting features. The house on this property needs repair.

Tracts 3-6

A 30’ easement will be put in place along the north side of tracts 3-5. If Tracts 3-6 sell together, then no easement will be needed. Tracts 3-6 all include tillable acreage.

Terms and Conditions

A down payment of 5% will be required on auction day and the balance will be due at closing. All successful bidders are required to enter into a purchase agreement at the auction site. Buyer(s) will receive possession of property at closing. The property is offered with reserve and is subject to seller confirmation. Earnest money is non-refundable and will be forfeited if buyer(s) fails to close and complete the contract. Buyer(s) will receive all the seller’s interest in the mineral rights.

Absence of Warranties & Disclaimer

The property is being sold “As Is” and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Auction Company. All acreages are approximate. Each bidder is responsible for performing their own due diligence concerning the property. Conducting 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’ fitness or credentials. All decisions of the Auctioneer are final, and any & all announcements made day of the auction take precedence over printed material or any other oral statements made.

Auctioneer’s Notes

Prebidding will be available on www.rothrockauction.hibid.com. Your participation is always appreciated.

ROTHROCK AUCTION LLC

MARK ROTHROCK, AUCTIONEER/MANAGING BROKER    Ph. 618.839.5363

ALEXIS MCFARLAND, AUCTIONEER       JOHN MCFARLAND, AUCTIONEER

6088 EAST WAYNE LANE, PARKERSBURG, IL 62452

IL LICENSE # 444000369      BROKER # 471003760

WWW.ROTHROCKAUCTION.COM

Thursday, October 29th at 6pm

367 N West St Olney, IL