City of Virginia, Illinois Lake Property
Land Auction
62.35 (Surveyed Acres) - Selling in 1 Tract

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Monday, September 26, 2011 at 6:00 P.M.

OPEN HOUSE
Tuesday, September 6, 2011 from 5:00 - 6:00 P.M

 

Prime Recreational/Residential Development Property!

Having recently completed an all new public water facility, the City of Virginia Illinois has no further use for the public lake property. The city has decided to sell the property at public auction. The land consists of 62.35 surveyed acres which includes an 18+ acre lake that was previously used as the public supply. The balance acres of the property represent large mature hardwood rolling timberland. The farm is located just north of Virginia, Illinois on the west side of Hwy. 78. Land is further described as being in Section 34 of Sangamon Valley Township, Cass County, Illinois. This prime tract of land will be sold in 1 Tract. The farm has recently been surveyed.
Interested parties can inspect the property at their convenience, or they can attend a public showing that has been scheduled for Tuesday, September 6, 2011 from 5:00 - 6:00 P.M. A Sullivan Auctioneers, LLC representative will be at the shelter house located at the north side of the property (North Entrance) to answer questions.
Sportsmen, Home Builders, and Investors are strongly encouraged to take a look at this beautiful Cass County, Illinois Property which is one of the most attractive parcels that Sullivan Auctioneers, LLC has had the opportunity to sell! The property has (3) individual entrances off of Hwy. 78 making it a very attractive residential development parcel. The south entrance angles into the property near the boat dock, which is located at the south end of the dam. The second entrance is located below the dam, and is used as a maintenance entrance. The third entrance is located near the north boundary of the property. This northern access is the most attractive as it winds through the property along the north border. This north entrance will be used to attend the public auction and open house which are both being held at the shelter house. Home builders and contractors are strongly encouraged to take a look at this beautiful property.
Once again feel free to take a look at this property at your convenience. If you are a fisherman, outdoor enthusiast or an investor we encourage you to take a look at this Cass County, Illinois property.

- Fantastic New Home Sites
- 62.35 Surveyed Acres
- 18+ Acre Lake
- Public Water
- City Sewer
- Triple Entrances
- Fishing & Boating
- Mature Hardwood Timber

Method and Terms

The farm will be sold in 1 individual tract on a price per acre basis, based on the results of a recently completed survey.
Ten percent (10%) down payment due sale day upon signing of the purchase agreement. The balance due within 30 days (on or before Wednesday, October 26, 2011). Title insurance in the full amount of the purchase price will be provided. The 2011 real estate taxes which are due and payable in 2012 will be prorated to the date of closing. Full possession will be given at the time of closing. There are no hunting or tillable leases associated with the property.
All announcements made sale day take precedence over prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold "AS IS".




City of Virginia, IL - Sellers
Attorney for the City of Virginia, Illinois
Luke Thomas
120 East Beardstown St. - Virginia, IL 62691
Phone: 217-452-3037

1066 E. US Highway 136, P.O. Box 111
Hamilton, IL 62341-0111
Phone: 217-847-2160
Fax: 217-847-6246


sold@sullivanauctioneers.com

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