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Call Stephanie Spiros:
217.304.0404
Call Travis Selby:
217.304.1686
Call Brok Isaac:
217.841.2712
Serving
Illinois & Indiana

Call Stephanie Spiros: 217.304.0404

Call Travis Selby: 217.304.1686

Call Brok Isaac: 217.841.2712

Custard Cup, A Danville, IL tradition since 1949!

Custard Cup, A Danville, IL tradition since 1949!

Posted on: September 22nd, 2023 by Travis Selby

AUCTION
10 AM, October 26th

Custard Cup
A Danville tradition since 1949!
Serving families of Vermilion County, IL its iconic ice cream for 74 yrs.

Turnkey Business Established in 1949!
Business / Property / Proprietary Mix
2507 N. Vermilion St. Danville, IL 61832
To be sold at Public Auction.

10 AM, October 26th
Auction Location:
Turtle Run Banquet Center
332 E Liberty Ln, Danville, IL 61832

Online and in Person Public Auction

The sale shall include the Business, including equipment, inventory, goodwill, the Custard Cup name, and the right to use the proprietary Custard Cup ice cream mix within the geographic boundaries of Vermilion County, Illinois.

Real estate:
2507 N. Vermilion Street Danville, IL 61832
Zoned B-2 Highway Business District.
Rectangular lot, 157.50 ft x 200 ft.
760 square ft masonry building.
16 x 22 garage used for storage.

High traffic counts located at the corner of North Vermilion and Ridgeview streets.

Vermilion County, IL. Assessor Parcel Number: 18-29-401-020
2022 payable 2023 real estate tax = $5,770.28

Contact Broker and Auctioneer
Travis M. Selby
Auctioneer # 441001485
217.304.1686 cell

Auction Terms and conditions:
Procedure: In Person, Public Auction and Online Internet Bidding.

REAL ESTATE SALE:
Possession: Possession will be given at closing.
Title: The Owners shall provide an Owners Policy of Title Insurance in the amount of $220,000.00, the designated amount of the purchase price of the real estate and shall execute a deed sufficient for conveying ownership to the Purchaser(s). The Owners shall pay the premium for the Title Insurance Policy and the Sellers search charges.
Commitments for Title Insurance will be available for review at the office of the auctioneer and at the auction site.
Bidders shall be deemed to have reviewed and approved the Title Commitments by submitting bids.

Real Estate Taxes and Assessments:
The 2023 real estate tax payable in 2024 shall be prorated from January 1, 2023, to the day of closing.

Survey: A new survey shall not be provided, and the sale of the Real estate shall not be subject to a survey.

Real Estate to be Sold As-Is, Where-Is: The improvements on the Real estate are being sold on an as is, where-is basis, and no warranty or representation either expressed or implied, concerning the condition of the improvements on the Real estate are made by the Owners of the Real Estate or Ag Exchange. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning this real estate and the Business.

Real Estate Sellers: Jarling Trust dated August 27, 2009, as to a 1/3 interest and Rodney Smart, as to a 1/3 interest and Douglas Jarling, as to a 1/3 interest.

BUSINESS SALE:
ASSET SALE OR STOCK PURCHASE: The Business shall be sold either as an asset purchase, or as the purchase of the stock of Custard Cup, Inc, an Illinois Corporation, as the Purchaser shall determine. The sale of the Business, including equipment, inventory, goodwill, the Custard Cup name, and the right to use the proprietary Custard Cup ice cream mix within the geographic boundaries of Vermilion County, Illinois, and nowhere else.

GOOD STANDING OF CORPORATION:
Custard Cup Inc, an Illinois Corporation in good standing with the Illinois Secretary of State.

GENERAL CONDITIONS:
The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Owners or Shareholders or Ag Exchange. All sketches and dimensions in this brochure are approximate. Photographs are used for illustrative purposes only. The conduct of the auction and increments of the bidding are at the discretion of the auctioneer.

Bidding is not conditional upon financing.

Acceptance of Bid Prices/Contracts: All successful bidders will sign a sale contract at the auction site immediately following the close of the bidding. Copies of such contracts are available for review at the office of the auctioneer.

Down Payment: A 10% earnest money deposit of the total contract purchase price will be due immediately after being declared the Purchaser. The down payment may be paid in the form of a personal check, business check, or cashiers check. The balance of the contract purchase price is due at closing by cashiers check.

Closing: Closing shall take place 33 days after auction day, or as soon thereafter as applicable closing documents are completed. The anticipated closing date is on or before Tuesday, November 28, 2023.

The Owners and Shareholders and Ag Exchange reserve the right to preclude any person from bidding and to remove any person from the auction if there is any question as to the persons credentials, fitness, conduct, etc.

Iroquois County, IL

Posted on: December 20th, 2021 by Travis Selby

X

Dewitt County, IL Land Auction 74.4 Acres offered in 2 Tracts

Posted on: December 20th, 2019 by Stephanie Spiros

Farm Land Auction
+/- 74.4 Acres Offered in 2 Tracts
DeWitt County, IL.
11am, January 23rd

Auction Site:
Crang-Bennett American Legion Post 103
219 N. Elizabeth Street
Clinton, Illinois 61727

Part of section 35, T20N-R2E, Clintonia TWP.
DeWitt County, IL.
Farm is located on the south east side of Clinton, IL along IL RT-10.
Excellent frontage on IL-10 E/500 N and Jemima Rd, CR 640N.

Open Farm Tenancy
Productive Soils
Development Potential

Tracts are located within the Illinois Department of Commerce Economic Opportunity Zone.

T1 and T2 will be offered individually and in combination.
The final sales price of T1 and T2 if sold separately shall be the per acre bid price times the surveyed acre.

T1: +/- 15.4 Acres
+/- 13.40 Tillable Acres, 136.9 PI
Estimated 2018 payable 2019 tax $328.00
Excellent frontage on Jemima Rd. CR 640N.
Part of Parcel # 07-35-400-003. Zoned I2 Heavy Industrial.
Tract is located north of the centerline of Jemima Rd. CR 640N.

T2: +/- 59 Acres
+/- 55.59 Tillable Acres, 138.4 PI
Estimated 2018 tax payable 2019 tax $1,330.59
Parcel # 07-35-400-002; Zoned Industrial, +/- 2.28 Acres.
Parcel # 07-35-400-003; Zoned I2 Heavy Industrial.
(+/- 56.72 Acres located south of the centerline
of Jemima Rd. CR 640N.)
Excellent frontage on IL-10 E/500 N. and Jemima Rd, CR 640N.
5 grain bins, approximately 3,500 bushel each.

Contact Stephanie Spiros for additional information:
217.304.0404

Auctioneer Travis Selby
IL Lic.# 441001485
Ag Exchange Farm Real Estate
217-304-1686

153.84 Acre Farm in Vigo County, IN

Posted on: September 29th, 2019 by Travis Selby

+/- 153.84 deeded acres
+/- 91.15 tillable acres NCCPI rating 79.8
+/- 62.69 acres wooded
Property has rail frontage on the north and south side of the rail road track.

Many potential uses for a property like this. Currently zoned agriculture this is a great transitional property. This farm has residential and commercial development oppertunitues. The farm is currently used for row crop production offering the new landowner an attractive annual rate of return. The farm offers excellent whitetail deer, turkey and small game hunting. This farm has a great mix of cropland and wooded ground with Otter Creek frontage.

+/- 16 Acres Vermilion County IL

Posted on: June 21st, 2019 by Travis Selby

+/- 16.11 acres, Vermilion County IL.
+/- 13.20 tillable acres, 144 PI, Drummer and Flanagan soils.

Part of section 29, Danville TWP. Vermilion County IL.
Assessor PIN: 23-29-300-009
2018 payable 2019 real estate tax $777.20

Excellent opportunity to purchase a small grain farm with Class A soils and commercial development opportunities.
Excellent frontage on Georgetown Rd, Rt 150.
High traffic counts, great visibility.
Conveniently located 2 miles south of Interstate 74, exit 215 Georgetown Rd.
Site Address: 2508 Georgetown Rd Danville, IL. 61832

Contact Travis Selby
217.304.1686

28 Acre water front facility Vermilion County IL

Posted on: May 9th, 2019 by Travis Selby

+/- 28 Acres, Clubhouse and outbuildings with 4 ponds consisting of +/- 8 Acres of water.

To be auctioned June 7th.

Auction will be held on site.
Thursday, June 7th 6pm (CST)

9200 Blue Needles Dr Fairmount, IL 61841
Located in part of section 30, Catlin TWP. Vermilion County, Illinois

Open House, Property Inspection dates:
8am to 1pm May 26th and June 2nd. Meet an agent at T4.

+/- 2,200 sq ft Ranch Style Clubhouse. Landscaped, waterfront facility. Large asphalt parking lot. Brick exterior, new furnace and air conditioner units in 2016. Well and septic. Mens and womens restroom facilities. Large concrete grilling patio overlooking a 4 acre pond. This will make a nice commercial building or convert to a full time residence.
Outbuilding features: 150 x 40 Metal Pole Barn.
24 x 40 maintenance shop and 126 x 40 storage with concrete floor.

Equine facility potential.
Ponds are stocked with quality game fish.
Private Ponds, Water Front Build Sites.
Farmland and Livestock Opportunities.

Blue Needles Golf Course 116 Acres offered in 7 Tracts Vermilion County IL

Posted on: May 9th, 2019 by Travis Selby

Land Auction
Blue Needles Golf Course
+/- 116 Acres Offered in 7 Tracts

Auction will be held on site at T4
Thursday, June 7th 6pm (CST)
9200 Blue Needles Dr Fairmount, IL 61841
Located in part of section 30, Catlin TWP. Vermilion County, Illinois

Open House, Property Inspection dates:
8am to 1pm May 26th and June 2nd. Meet an agent at T4.

18 Hole Golf Course & Driving Range
Club House & Outbuildings
Small Acreage, Country Estate Farmettes
Private Ponds, Water Front Build Sites
Farmland and Livestock Opportunities
Multi Parcel Bidding, Bid your combination of tracts

T1: +/- 13.45 Acres with a +/- 1.75 acre pond. Water front build site.
T2: +/- 3 Acres, excellent small acreage build site.
T3: +/- 21.82 Acre build site with a acre pond. Farmland and livestock opportunities.
T4: +/- 28 Acres, Clubhouse and outbuildings with 4 ponds consisting of +/- 8 Acres of water.
+/- 2,200 sq ft Ranch Style Clubhouse. Landscaped, waterfront facility. Large asphalt parking lot. Brick exterior, new furnace and air conditioner units in 2016.
Well and septic. Mens and womens restroom facilities. Large concrete grilling patio overlooking a 4 acre pond.
This will make a nice commercial building or full time residence.
Outbuilding features: 150 x 40 Metal Pole Barn.
24 x 40 maintenance shop and 126 x 40 storage with concrete floor.
T5: +/- 16 Acre build site. Farmland and livestock opportunities.
T6: +/- 17 Acre water front build site. 1 acre pond. Farmland and livestock opportunities.
T7: +/- 17 Acre water front build site. 3 ponds consisting of +/- 1 acre of water. Farmland and livestock opportunities.

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