Real Estate Selling at 10:00 followed by the Personal Property

This real estate consists of  the former Galesburg Livestock Sales Inc. buildings, with an excellent location on 23.5 prime, level acres on the East edge of Galesburg, IL and near Interstate 74. This successful auction barn has been a viable part of the Galesburg area & surrounding counties for generations and has been owned by the same family for 48 years. The spacious, former auction barn, has a large sale ring with tiered seating, state tested scales, good office space, rest rooms, nice kitchen-restaurant area and large parking lots.    In addition, there are multiple livestock pens with cement floors, loading docks and several usable barns.  There is a good deep well on the property and the sale barn building is heated with an LP gas furnace.  This type of property is hard to find with its outstanding location, good access &  large acreage for expansion.  In addition, it provides an excellent opportunity for multiple business usage, both agricultural or commercial.

Gen. Legal Description:  23.5 acres in Section 6, T11N R2E, (Knox Twp.) Knox County, IL.

Auctioneers’ Note: Don’t miss this great opportunity to purchase this well located real estate.

Terms of Real Estate Sale

1.  10% of the purchase price is due sale day, with the balance due at closing on or before September 29, 2010.
2.  Owner’s Title Insurance Policy to be provided at seller’s cost.
3.  2010 real estate taxes due in 2011 will be prorated to the date of closing.
4.  Possession will be given at closing.
5.  Buyer & Seller will enter into a written contract sale day embodying these terms.
6.  Any announcements made sale day take precedence over all others, printed or oral.
7.  The property is selling on an “AS-IS, WHERE-IS’ basis, without any representations or warranties expressed or implied.
8.  All statements and representations herein are believed to be correct; however, the auction company and the seller make no warranties, either expressed or implied, concerning the advertised literature and statements herein.   

Personal Property

Bobcat 753, SN-X515846273X, good condition; JD 4020 diesel tractor, WF, 3 pt., SN- SNT213R128100R, w/hyd. 148 JD loader; AC One-Ninety XT Series III diesel tractor, WF; Rhino 6’ 3pt. rotary mower; 1987 Keifer 16’ livestock trailer; 3 pt. 6’ rear blade; 2- Bale forks; 1 frt. fork; older hyd. dump trailer.; 2 sets of manure forks for Bobcat;  3 pt. sprayer w/30’ booms; hayrack on gear; extra running gear; overhead 250 gal. fuel tank; 500 gal. fuel tank; 10 wood cattle feed bunks; misc. cattle water tanks; LP tank heaters; Cattle sorting tub; 15-20  14’ hoop gates; 50+ metal gates, various sizes; 10-12 rd. bale rings; 20+ railroad ties;  50-60 steel posts; appr. 40 cement blocks; misc. lumber; 80+ round bales -2 yr. old hay; 900+ straw & stalk sm. bales; 500+ sm. hay bales; tarps, & other misc. livestock equip. and tools. Also, some misc. office equipment.

Terms:  CASH or ck. w/ID. Number System Used: ID Required. Not responsible for accidents or loss.  No items removed until settled for.  All items selling “AS-IS, WHERE-IS”, w/no warranties of any kind. Sale day announcements take precedence over all others.

Galesburg Livestock Sales, Inc., Seller
Dick Anderson, Manager   309-342-1416

Seller Atty.: Rehn & Skinner, LLC
5  E. Simmons St., Galesburg, IL
309-343-3600
Email: jim.rehnskinner@grics.net

              Gregory Real Estate & Auction, LLC
Alexis, IL  309-482-5575

Stan Gregory, Auctioneer-Broker IL Lic #440000420

Steve & Jeff Gregory, Auctioneers 309-297-0407 & 309-337-5255 IL. Lic. 441000200, 441000201

Gregory R.E. & Auction, LLC serves solely as agent for the seller & assumes no liability of any kind in connection with any property being sold. Not responsible for errors or omissions.