Land for Sale - 232 Peregrine Drive, Edgewood, IL 62426 - 40.0 acres

ONLINE AUCTION! Clay Co IL 40+- Ac / 2 Tracts / Homestead / Tillable

232 Peregrine Drive, Edgewood, IL | Lat/Lng:  38.8921, -88.6086

Auction
40 ac.
09/03/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

ONLINE REAL ESTATE AUCTION! Clay County IL 40+- Acres / 2 Tracts / Home / Tillable / Wooded / Hunting Bidding Opens TUESDAY, SEPTEMBER 8, 2026 / Bidding Closes THURSDAY, OCTOBER 8, 2026 at 8pm CST (Soft Close) Property Inspection: By Appointment Only - Call Auctioneer Don Bailey, 618-919-1031 Property Address: 232 Peregrine Drive, Edgewood IL 62426 DESCRIPTION Peaceful country living at the of a dead-end road in Edgewood IL. This 40-acre property features 17.5 acres of tillable ground with the balance in woods and homestead. Home originally built in 1930 with an addition in 1967, includes 2 bedrooms, 1 bath, half car garage, gas heat, electric water heater, central air, humidifier, rural water, aerator septic system, new roof in 2025 and a newly remodeled bathroom and shower. Outside enjoy beautiful landscapes, flower gardens, grapevines, pecan and pear trees, garden shed, spring-fed pond and a beautiful view from the sunroom. Incredible wildlife areas, natural field open areas for food plots, river frontage, massive amount mature trees include white oak and hickory, ponds for wildlife, steep hills with bluffs, numerous manicured wildlife passage ways and permanent hunting blind. This quiet setting can be a great place to hunt, farm, relax or invest. TRACT 1 - 21+- ACRES: Home w/2 bedrooms, 1 bath Bedrooms and kitchen have unique built-in pantry/drawers. Walnut beams/doorway, dining room, kitchen and other. Dining room 13 x 12 / Living room 25 x 13 / Sunroom 28 x 7.5 / Hall 15 x 3.5 Bedrooms 13 x 10 & 15.5 x 11 / Bathroom 12 x 8 Garage 24 x 25 7 +- open/tillable acres - remaining acres wooded & pond TRACT 2 - 19+- ACRES: 11+- acres tillable - remaining acres wooded. Additional Information: Taxes: $422.10 Section 11, 11-5-5 NE SW 40 Ac Tract 0111300002 Offers great deer and turkey hunting. NEMC Water Company / Clay Electric Wabash Communications Fiber Optic Internet available. Deep 250-foot well (not working) Mineral rights included PROCEDURE Registration: Proper registration is required to bid. All bidders must provide name, address, phone number and email address to register. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Auctioneer reserves the right to refuse to register or admit Buyer at his/her sole discretion. Note: If you are unable to bid Online or are unsure about the reliability of your internet connection, call the Auctioneer and make alternative bidding arrangements at least 24 hours before close of auction. Bidding will be on a PER TRACT basis – Flat Bidding – not eBay style. Minimum opening bid - Tract 1 - $90,000 & Tract 2 - $60,000. Bid increments of $1000, or more, per bid. At 7:00 PM combo bidding will be enabled. At this time you may bid on both tracts at once or keep bidding on single tracts. Bidding opens TUESDAY, SEPTEMBER 8, 2026 and will be available until 8:00 PM CST THURSDAY, OCTOBER 8, 2026, subject to bid extensions (Soft Close). TERMS AND CONDITIONS: NO BUYER'S PREMIUM. SALE SUBJECT TO CONFIRMATION OF SELLER(S). NO CONTINGENCIES: This Real Estate contract is not contingent on or subject to Buyer’s financing, appraisal, survey or inspections of any kind or any other contingencies as agreed to by bidders at registration prior to bidding. ZONING AND EASEMENTS: Property is being sold subject to any and all easements of record. Property is subject to all state and local zoning ordinances. REAL ESTATE TAXES: Pro-rated to day of closing. SURVEY: Survey to be conducted only if seller decides necessary. MINERAL: Any mineral owned will transfer, if any. CONTRACT AND DOWN PAYMENT: Contract for purchase to be signed within 24 hours of close of auction. A 10% down payment of the total contract purchase price will be due immediately after being declared the winning bidder. The down payment may be paid in the form of personal check, wire transfer, business check or cashier's check and received within 3 business days. Earnest check to be made to Buy A Farm Land & Auction Co Trust Account. The balance of the contract purchase price is due at closing. Any stop payment order of a check or giving a check which is returned marked “insufficient funds,” shall be deemed by the parties to be evidence of fraud existing at the time the transaction was consummated and shall be construed by the parties as intent to defraud. TITLE: Sellers shall furnish the Buyer(s) at Seller's expense marketable title in the form of Title Commitment, Title Policy and a Deed conveying merchantable title to the real estate and tax transfer stamps to the Buyer(s). Buyer will pay the deed recording, and fees associated with mortgage/financing. Title companies closing fee will be split equally by Buyer and Seller. Any closing costs not herein provided for shall be borne by Buyer. Seller shall cause the Closing Statement to be delivered to Buyer at or before the closing. CLOSING: Closing shall occur within 45 days or as soon thereafter as applicable closing documents are completed. POSSESSION: At closing. AGENCY: Buy A Farm Land & Auction Co LLC is the Agent and Representative of the Seller. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed the owners or Buy A Farm Land & Auction Co LLC All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the Seller(s) or Buy A Farm Land & Auction Co LLC pertaining to this property. Real estate is being sold "As Is, Where Is". AUCTIONEER: Donald Bailey, IL Lic #441.002325, 618-919-1031.

Details

CountyClay
Zipcode62426
Property Type OneFarms
Property Type TwoResidential Property
Property Type ThreeHunting Land
BrokerageBuy A Farm Land & Auction Company
Brokerage Linkhttps://land.com
Apn0111300002
Land Listing Agent Photo
Don Bailey
Buy A Farm Land & Auction Company
(618) 919-1031
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