Real Estate Auction
6.5 +/- acres from over 29 Residential Lots
Alpha, IL Subdivision/Development Property
POSTPONED
Auction will be held on location at 125 1st Street, Alpha, IL In case of inclement weather, auction will be held at Alpha American Legion.
· Great Development Opportunity * 6.89 +/- Acres from over 30 Lots Project Support from Village Municipality * Potential for Residential, Assisted Living or Mixed Use * Rezone or Replat Possible * Located within 15-20 miles of Galesburg & Illinois Quad Cities * Quick Access to I74 * Utilities On-Site
· The Village of Alpha looks forward to the opportunity of working and cooperating with a Developer who shares a vision of growth for our community. We sincerely appreciate any interest you may have and welcome inquiries regarding our Village and how we may serve you.
Marvin E. Watters, President of the Village Board
· Stop by the Open Land Open House for assisted viewing * Fri. Oct. 30 10:00 to Noon
Tract 1 Lots 1,2,3,4,7 and 8, of the Marlane Addition as well as a portion of unimproved land originally platted as Johnson Drive. This tract is zoned commercial or multifamily and has approx. 450 ft of frontage along Hwy 150. This tract has some utility improvements in place.
Tract 2 Consists of the North one half of Lot 12, Lots 13,14,15,16,17,18,19,20,21 plus lots 58,59,60,61 as well as a portion of unimproved land originally platted as the East one half of Marlane Drive plus the Northwest corner of the unimproved but platted Johnson Drive. These lots are located East & North of 1st Street. There are some utilities in place. This tract is zoned residential and is situated immediately Northwest of Tract 1.
Tract 3 Lots 28,29,34,35 and the South one half of Lot 36 of the Marlane Addition. Utilities are available to these lots and this tract is located in the middle of the block between 1st and 2nd Streets.
Tract 4 Lots 46,47,48,49,50 and the South one half of Lot 51 all lying just East of the Railroad tracks and within approx. 550 ft of frontage along 2nd Street. These lots are zoned residential and utilities are available.
Tract 5 Combination of Tract 1 & Tract 2. A total of 19 & one half lots and the unimproved land originally platted for Street area.
Tract 6 Will be offered as a combination of the 1st 4 Tracts together for a total of 29 and one half lots and unimproved platted Streets of the Marlane Addition.
Tract 7 West one half of Lot 54 of the Marlane Addition. This parcel will not be offered in any combination.
Tract 8 An unimproved tract of land located in the Village of Woodhull and legally described as Lot 9 and the West one half of Lot 10, Block 23 in the JW Horn Addition to the Village of Woodhull, IL. This tract is generally located on the north side of West 3rd Street or located approximately 336 W. 3rd Street, Woodhull, IL. This tract will not be offered in any combination.
Terms: Buyers to pay 10% down day of auction with balance due and payable in 30 days. Seller to provide title insurance for the purchase price. 2009 taxes will be paid by the seller. Broker participaton invited. For more information, call Herb Burns 309-337-1572.
Seller Wayne Johnson, Trustee Johnson Illinois Revocable Trust
Mel Foster Auction Service Herb Burns, Auctioneer 309-337-1572 or 563-823-5285 IL Lic 440000594
Seller Representative - Jim Weir 309-236-7399
Attorney for Seller: Nash, Nash, Bean & Ford LLP
Auctioneer License Information: 4400000594
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