116.8 Acre Southern IL Land Auction Online Only Ava Jackson County

116.8 Acre Southern IL Land Auction Online Only Ava Jackson County
Begins Closing:

2 Tracts Jackson County IL 1493 Marlboro, Rd. Ava, IL 62907

Open House: Tuesday March 3rd 9am-12Noon or Saturday March 21st 9am-12noon

Auction signs will be up on the property on Feb 19th 2026.

ZERO BUYER PREMIUM!

Merrie Wilton Estate 116.8 Acre Online Only Land Auction

2 Tracts Jackson County IL 1493 Marlboro, Rd. Ava, IL 62907

Starts to Close on Monday, March 23rd at 5:00 PM (Online Timed Auction)

Rights: All of the Seller’s mineral, oil, and gas rights, if any, will transfer without warranty of title or title evidence.

An easement runs along a rock road dividing tracts 1 and 2. You can view it under the documents tab for the lot, and it's detailed in the title commitment

Bidding Method: Bids are per acre; final price is the high bid times total acres for each tract. The purchase agreement will state the total tract price, which remains fixed regardless of future surveys.

Bidding Increments: $25.00 per acre.

Extended Bidding: Any bid placed on Tracts 1-2 within the final 2 minutes will extend bidding on both Tracts 1 and 2 by 2 minutes.

Down Payment & Closing: 10% of the total purchase price is due on auction day. The remaining balance is due at closing, approximately 40 days following the auction. Down payment is held in escrow with the title company.

Purchase Agreement: Successful bidders must sign purchase agreements on Tuesday, March 24th.

Crops & Possession:  New owners gain possession at closing.

Condition:Real estate sells “As Is.” Buyers are encouraged to conduct independent inspections and due diligence. Maps, brochures, and field markers are approximate and for guidance only.

 Announcements: Auction day announcements take precedence over printed materials.

 Liability: Schmid Auction is not responsible for accidents.

 Down Payment & Closing: A down payment equal to 10% of the total purchase price is required on the day of the auction or the subsequent day. The remaining balance must be paid at closing, which is scheduled approximately 40 days after the auction. The down payment will be held in escrow at Jackson County Abstract Title. In the event of buyer default at closing, the seller will retain the 10% down payment.

Bidders engaging in fraudulent activity will be subject to prosecution. Please note that submitting a bid constitutes a legally binding contract.

Exclusive Opportunity: Incredible Prime Hunting and Fertile Farmland for auction in Southern Illinois

 

 

1493 Marlboro Rd. , Ava, Illinois, 62907