River Valley's former Kewanee location will be auctioned off on February 28, 2018 at 10:00 a.m., by Folger's Auction Serivce. The auction will be held at The Broken Chimney Restaurant located at 618 Tenney St. in Kewanee, IL (along Rte. 78 in the south part of town). This property consists of 20 acres, more or less, and is located at 24667 Red Adams Rd. (just west of the RR tracks in the southwest corner of Kewanee, IL). The improvements of this site consist of a very nice office building with a large scale and a large garage. Both are very suitable to semis. There is also a nice maintenance or storage building, a large stocked pond and a RR spur. Approx. half of the property is in tillable acres and is presently being farmed. This tract of real estate offers a number of possibilities for both agriculture and commercial uses. The office building consists of several rooms suitable for offices and has a furnace and bathroom facilities. A Phase I environmental site assessment has been completed. This sale is subject to a non-compete covenant. The restrictive covenant and environmental site assessment are available for review by contacting the auctioneer. There is good road access to this property. The property may be inspected at any time. For inspection of the improvements, contact any of the undersigned. Any announcements made sale day supersede any previously advertised terms or conditions. Sale is subject to the seller's approval.
TERMS OF SALE: The buyer will pay 10% of the total amount bid at the time of the auction. The balance of the total purchase price shall be due and payable on or before April 1, 2018 at which time a title insurance policy in the amount of the purchase price will be delivered to the purchaser.
RIVER VALLEY COOPERATIVE-SELLER
FOLGER'S AUCTION SERVICE, INC.-WILLIAMSFIELD, IL (JIM FOLGER-AUCTIONEER)
Ph. 309-879-2373 or 309-337-2150
ATTORNEY FOR SELLER-Reynolds "Rip" Everett-Galva, IL Ph. 309-932-2001
River Valley Cooperative is dedicated to delivering personalized services and expert solutions that enhance and ensure the long-term viability of our customer-owners, employees and communities.