166 Country Club Ln
Waterloo, IL 62298
Land Auction: 174 ± Acres, Monroe Co, IL · Land For Sale · 174.00 AC

Live & Online Auction: Waterloo Country Club Drive 174 ± Acres, Monroe, IL - 6 Tracts Bidding Ends: October 29th, 2024 @ 6:00 PM Live Auction Location: Monroe County Fairgrounds (Address: 4177 State Route 156, Waterloo, IL 62298) Property Viewings: Sept 21st - From 1-3PM Sept 25th - From 4-6PM Address: 166 Country Club Ln, Waterloo, IL 62298 Location, Location, Location! This exceptional 174-acre farm is located at the end of Rogers Street, where it seamlessly transitions into Country Club Drive in Waterloo, IL. With city limits bordering the far east side of the property, this expansive farm offers a mix of fertile, tillable cropland and picturesque views. The property includes a charming farmstead, home to an older historic residence. With thoughtful restoration, this home offers an exciting opportunity to preserve a piece of local history while creating something new. Important Note: As this farm is connected so closely to Waterloo, there are changes planned for Country Club Road. The county has plans to redirect this road, transforming it into a dead end public road. Buyers should review the attached documents for further details on the potential impact of this change. This property is being offered in 6 tracts, with the flexibility to purchase individually or in combination: Tract 1: 10.5 +/- acres of mostly tillable land with a scenic pond. Please see the attachment for details on the Country Club redirection and its impact on this tract. The city and county has indicated that the entry point for this tract will be approved on the north side of this property. Tract 2: 11 +/- acres of mostly tillable land. Again, see the attachment for details regarding the redirection of Country Club Road and its impact. Tract 3: 10.5 +/- acres, including the farmstead and historic home. Tract 4: 18 +/- acres of mostly tillable land with road frontage on Country Club Lane, which is slated to become a dead end public road. Tract 5: 35 +/- acres with frontage on Rogers Street, including existing farm access and an established turn lane in front of Rogers Street. Please see the attachment regarding restrictions or additional access options from Rogers Street. Tract 6: 89 +/- acres of mostly tillable land, bordered by city limits on the east side. This tract also has frontage on Country Club Lane, which will be redirected into a dead end public road. This is an incredible opportunity to invest in versatile land close to Waterloo's growing community, with flexibility in purchase options and a historic gem waiting to be restored. Land is going to be surveyed, survey to govern. Legal Description: Part of Section 18, T.2 S.- R.9 W. Parcel(s): 08-18-300-001-000 2023 Taxes: $4,819.62 Showings are by appointment only. TERMS AND CONDITIONS Bidding Begins Online: 10/17/2024 Bidding Ends Live: (with Online bidding available) October 29th, 2024 @ 6:00 PM Location of Live Auction: Monroe County Fairgrounds (Address: 4177 State Route 156, Waterloo, IL 62298) Seller reserves the right to accept or reject the high bid. NO MAX BIDDING: THERE WILL NO MAX BIDDING FOR THIS AUCTION, this is NOT ebay style bidding. Whatever number you type in is your bid. COMBINATION BIDS: This property can sell as an individual tract or in combination of the tracts 1-6. Combination bidding will be opened up 10 am on 10/29/2024 if all individual tracts have bids Registration: Proper and complete registration is required to bid. All bidders must provide name, address, phone number and email address to register - To complete the bidding process Property Peddler will require a copy of a current state ID – a Property Peddler Team member will call to request it before approving to bid online. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Auctioneer reserves the right to refuse to register or admit Buyer at his/her sole discretion. Buyer should register as early as possible to obtain information about the property and increase the likelihood of being notified of any pertinent changes that take place before the auction. Live auction participants will be able to provide proper identification before the live auction starts at the hall day of sale. Contract: Successful high bidders will sign in person or electronically the auction sales contract immediately after the sale. See the full set of Terms & Conditions at propertypeddler.com