23.4± Acres in Two Tracts: 40’ x 60’ Pole Barn Shop on 18.4± Acres and 5± Acres of Farm Ground or Building Site, Eldorado, IL
Online Only Auction
1145 Karel Park Rd, Eldorado, IL 62930
Begins to End: December 10, 2026 Thursday 2:00 pm
Call us today to schedule a showing 1-800-272-9791
This online-only, multi-par real estate auction offers 23.4± acres on Karel Park Rd between Eldorado and Harrisburg, being sold as two tracts or together. Tract 1 has a 40’ x 60’ pole barn shop with water, power, gas heat, a half bath and septic already in place. Past the yard, 8.55± acres of woods wrap around the back, and 7.62± tillable acres lie to the north. Across the road, Tract 2 offers 5± acres to farm or build on, with utilities available along the road. Neighbors are close enough to wave to and far enough to give you room to work. Buy the shop, buy the building site, or buy both and keep the view across the road yours.
For twenty-five years, this was Jerald’s shop, where he kept his lawn mower running and turned out carpentry projects. Linda still laughs about it. Reception inside a metal building isn’t great, so he’d leave his phone outside to catch her calls, then forget all about it while he worked. More than once she drove out to check on him and found the phone right where it belonged while Jerald was busy inside. She’s also learned just how much a 40’ x 60’ barn will hold. With storage overhead and in every corner, she didn’t realize how much was out there until it came time to sort through it. Now it’s ready for its next owner and their projects.
Multi-Par Bidding: Bid on either tract individually or on both as a 23.4± acre combination. At the close, the property sells whichever way brings the highest total.
Tract 1: 18.4± acres with pole barn (east side of Karel Park Rd)
- 7.62± FSA tillable acres, PI 103.0, NCCPI 66.11 (Belknap, Ava and Bluford silt loams)
- 8.55± acres of woods
- 1.18± acre yard and barn area
- Ameren electric, Raleigh public water, natural gas and private septic serve the barn
Tract 2: 5± acres (west side of Karel Park Rd)
- 3.21± FSA tillable acres, PI 106.6, NCCPI 67.93 (Sharon, Bluford and Ava silt loams)
- 1.79± acres of woods
- Electric, public water and natural gas are available along Karel Park Rd but are not connected to this tract. Buyer to verify availability and connection costs with providers.
Combination: Tracts 1 + 2, 23.4± acres
- 10.83± FSA tillable acres, 10.83± FSA tillable acres, PI 104.1, NCCPI 66.65
- 10.34± acres of woods
Farm ground is currently rented under a verbal year-to-year agreement at $600 per year for the tillable acres on both tracts; Buyer receives farming rights for 2027 at closing.
Tax ID: Tract 1: 11-1-109-05 | Tract 2: 11-1-104-08
2025 Taxes: Tract 1: $900.20 | Tract 2: $87.88
Year Built: 2001 (pole barn, built by local builder John McAnelly)
Pole Barn Square Footage: Approx. 2,400 sq ft (40’ x 60’)
Lot Size: Approximately 23.4± acres total (18.4± + 5±), per Saline County tax records
Bathroom: 1 half bath (toilet and utility sink)
Rooms and Dimensions
- Workshop: 21’5” x 19’1”
- Office: 6’11” x 10’2”
- Closet: 7’0” x 9’1”
- Bathroom: 9’6” x 9’0”
Features
- Ceiling height is 16’6” at center and 11’3” at the sidewalls
- Workshop ceiling height 10'
- Office and closet ceiling height 8'
- Poured concrete floor
- Two overhead doors: one manual, and one with an opener, remote and keypad
- Natural gas Pro-Com wall heater and window AC in the workshop
- Electric baseboard heater in the bathroom
- Foam board ceiling insulation
- Partially carpeted office; closet has cedar boards along the bottom
- Storage above the workshop, office and closet, and over part of the open bay
- Outside water faucet
- Water hydrant in the yard
- Fire hydrant along Karel Park Rd
- Frontage on Karel Park Rd, a public oil-and-chip road
- Unit 4 Eldorado School District
Directions: From the intersection of the Harrisburg Bypass and N. Commercial St./US-45 in Harrisburg, head northeast on US-45 for 4.2 miles. Turn north (left) onto Wasson Rd and go 1.3 miles. Turn west (left) onto Union Grove Rd and go 1.0 mile. Turn north (right) onto Karel Park Rd and go 0.8 mile. The property is on the east (right) side of the road, with Tract 2 across the road on the west (left).
Call us today to schedule a showing 1-800-272-9791
Seller: Jerald & Linda Sims Trust
The barn contents are not included in the real estate. They sell in a separate online auction that begins to end the same day, December10, 2026 Thursday 6:30 PM CST.
Abbreviated Real Estate Terms: Successful bidder(s) will be required to enter into a written contract and deposit earnest money of 10% of the contract price for each contract. Balance due on or before January 21, 2027. Deed and title insurance will be provided by the seller. Possession will be given on the date of closing. A ten percent (10%) buyer’s premium will apply to the high bid to establish the contract price. Make your financial arrangements prior to the auction. Potential buyers may make any inspections prior to auction. Public access to the Internet for online bidding is available at public libraries.
Joe Ollis Auction Service, LLC IL. Lic # 444.000380
Information Herein Believed to Be Accurate but Not Warranted
Bidding Procedures & Auction Terms and Conditions
Joe Ollis Real Estate & Auction, LLC
Property and Basic Information
1. The Real Estate is offered in two (2) tracts and consists of:
- Tract 1: 1145 Karel Park Road, Eldorado, IL 62930 — County Parcel Number 11-1-109-05
- Tract 2: Karel Park Road, Eldorado, IL 62930 — County Parcel Number 11-1-104-08
- Both tracts are located in Saline County, Illinois
- Both tracts are currently farmed under a year-to-year verbal farm lease. Buyer will receive possession, including farming rights for the 2027 crop year, at closing.
2. This property is being sold on an “AS IS”, “WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property or its future use is made by Seller or Auction Company. Buyers may conduct inspections by contacting Joe Ollis Real Estate & Auction, LLC at 618-833-2227 or 800-272-9791 to schedule an appointment.
3. While you may obtain financing for your purchase, this auction is not contingent on financing, appraisal, survey, or inspections of any kind. If you do not have your finances in order, we ask that you Don't Bid!
4. Sale of said property is subject to: any and all easements of record, state and federal regulations, restrictions as to use or improvements of premises, utility, roadway, railway, and gas line easements, all state and local zoning ordinances, and any other limitations, if any.
Registration and Representation
5. This real estate auction is being conducted through online only bidding and begins to end on December 10, 2026 at 2:00 PM CST. All bidding is open and public. You or your authorized representative must be registered online to bid. If you need assistance placing an online bid or prefer to submit a bid in person, please call our office for assistance at 618-833-2227 or 800-272-9791.
6. Registration requires a credit card for validation, though this is not a recognized form of payment for the earnest money (deposit) or purchase price. By registering, all bidders acknowledge having read and agree to be bound by these Auction Terms and Conditions. Joe Ollis Real Estate & Auction, LLC reserves the right to remove or cancel the bids and bidding rights of any party at any time deemed not to be in the best interest of the seller(s).
7. Joe Ollis Real Estate & Auction, LLC and their representatives are Exclusive Agents of the Seller(s). We do not represent the buyer(s) in any manner. All negotiations must be conducted through Joe Ollis Real Estate & Auction, LLC.
8. Broker Participation: A commission previously agreed upon will be paid to any properly licensed real estate broker whose Buyer/Bidder is the successful purchaser for this real property, and who closes and pays the total Contract Price and Closing Costs. The broker must complete and submit all broker participation form requirements and documentation before their buyer/bidder registers for the auction, with no exceptions permitted.
Multi-Par Bidding
9. Multi-Par Auction: The real estate will be offered three ways at the same time:
- Tract 1 individually
- Tract 2 individually
- Tracts 1 and 2 together as a Combination
You may bid on either individual tract, on the Combination, or on any of them. Bidding on the Combination opens once each individual tract has received at least one bid.
10. Determining the Winning Bid(s): At the close of the auction, the sum of the high bids on Tract 1 and Tract 2 will be compared to the high bid on the Combination. The real estate will sell in whichever manner produces the highest total price. If the Combination produces the highest total, the individual tract bids are void. If the individual tracts produce the highest total, the Combination bid is void. Being the high bidder on an individual tract or on the Combination at any point does not make you a Winning Bidder until this comparison is made at the close of the auction. Each new bid must be competitive with the current highest total. If two bids result in equal totals, the bid placed first wins.
11. Dynamic Closing “Soft Close”: Tract 1, Tract 2, and the Combination close together. If a bid is placed on any of them within the final two minutes, the clock resets back to two minutes remaining for all of them. Bidding closes once two minutes pass with no new bids on any of them.
Bidding Procedures
12. No Maximum Bids: Maximum (proxy) bids are not available in this Multi-Par auction. Each bid must be placed individually, so plan to be available to bid actively at closing time.
13. Joe Ollis Real Estate & Auction, LLC controls the amount of bids for sake of speed and clarity using predetermined bid amounts.
14. Outbid Notifications: If you choose this option during registration, you will receive email notifications when you are outbid. Please note that if you are outbid near the end of the auction, you may not receive the notification until after the auction has closed. You can check your current bid status at any time during the auction. If the system shows you are outbid, you are outbid. If you need to verify your bid status, contact ollis@ollisauction.com or call 800-272-9791 before the auction closes.
15. Technical Issues: In the event of technical difficulties, Joe Ollis Real Estate & Auction, LLC reserves the right to extend, continue, or close bidding. Neither the software provider nor Joe Ollis Real Estate & Auction, LLC shall be held responsible for software malfunctions. Avoid waiting until the final seconds to place your bid.
16. Bidding Errors: Carefully review each bid before submitting. Bids must be in whole numbers only. If you make an error contact the Auctioneer immediately at ollis@ollisauction.com or call 618-833-2227 or 618-521-0525. If you do not you are still liable for your bid.
17. Bidder's Duty to Report Fraud: You are responsible for all bids from your account. For suspected unauthorized access:
- Immediately notify the Auctioneer at ollis@ollisauction.com
- Immediately report to law enforcement
- Provide police report copy to Auctioneer
Failure to report promptly makes you responsible for all purchases made using your account.
Contract Terms
18. At the conclusion of the auction, the Auctioneer or representative will contact the Winning Bidder(s) to arrange contract signing — either in person or via email — and to gather necessary information including deed instructions. A separate Contract for Sale of Real Estate will be signed for each tract purchased individually, and a single Contract for Sale of Real Estate will be signed if the Combination is purchased. The contract signing and earnest money deposit must be completed by 4:00 PM CST on the day following the auction. The contract and related documents may be signed electronically, and electronic signatures shall be as binding as original signatures.
19. ALL CASH means the purchase price is to be paid in U.S. dollars and cents at closing. It's fine to fund your purchase with a loan — no other forms of payment, such as vehicles, farm animals, or other items, will be considered.
20. A buyer's premium of ten percent (10%) of the high bid shall be added to the high bid on each tract, or on the Combination, to establish the contract price. Please remember to consider this buyer's premium when placing or determining your bids.
21. Earnest money requirement is 10% of the contract price (High Bid plus Buyer's Premium equals Contract Price) for each contract. The earnest money is non-refundable, except as provided in the Contract for Sale of Real Estate, and is due by 4 pm CST the day following auction. Payment options:
- Check (payable to Joe Ollis Real Estate & Auction, LLC)
- Cash
- Credit card (5% fee applies)
- Wire transfer (buyer pays transaction fees)
The earnest money becomes part payment of the property at closing.
22. A Winning Bidder whose documents and deposit are not received within this timeframe:
- Will be subject to liquidated damages equal to the earnest money plus any costs to obtain the earnest money
- Will not be allowed to bid in future Joe Ollis Real Estate & Auction, LLC events
Title and Closing
23. Title Insurance and Deed:
- Seller shall provide Owner's Policy of Title Insurance
- Seller shall execute a Trustee's Deed conveying the real estate to the buyer(s)
- Seller pays for deed preparation
- Buyer(s) pay for their own title search, insurance charges, and usual conveyance expenses
- Buyer(s) pay for recording fees and tax stamps that attach to the deed
- The closing fee of the attorney or agent who acts as the closing agent shall be split 50/50 between seller and buyer
- Title company: JSL Title, Inc.
- Address: 606 N. Van Buren St., Suite B, Marion, IL 62959 Phone: 618-997-9007
24. Real Estate Taxes: Seller will give credit at closing for the 2026 taxes (payable in 2027) and for prorated 2027 taxes from January 1, 2027 to the date of closing, based on the latest courthouse records. Back taxes, if any, will be paid by Seller.
25. The sale will be closed on or before January 21, 2027. Time is of the essence. If closing has not occurred by the closing date, Joe Ollis Real Estate & Auction LLC, through its Agents or Attorney, may give the buyer five (5) days notice to close this sale. The closing date may be extended if mutually agreed upon in writing by both Seller and Buyer. Possession will be given on the date of closing. Seller bears the risk of hazard and loss until the date of the deed. Any personal property remaining becomes buyer's property/responsibility after closing.
26. Each tract purchased individually is a separate sale. The purchase and closing of one tract is not contingent upon the sale or closing of any other tract.
Legal Considerations
27. The Auction Company has posted all relevant documents (Contracts, tax bills, photos, etc.). Information was obtained from sources believed accurate but requires verification. Aerial Photos and Drawings are for illustration only unless specified as surveyed boundaries. All bidders must:
- Conduct their own due diligence
- Complete any professional reviews of the auction and information PRIOR to bidding
- Review any updates prior to bidding
28. As exclusive Seller's agents, the Auctioneer must present all offers. Properties are subject to pre-auction sales meeting all terms. Pre-auction offers must include:
- The Contract for Sale of Real Estate
- Required deposit
The Seller may accept or reject any offer at their sole & absolute discretion.
29. Both parties shall indemnify and hold harmless Joe Ollis Real Estate & Auction, LLC from costs, losses, liabilities, or expenses, including attorney fees, resulting from failure to fulfill obligations. Disputes will be arbitrated or tried in Union County courts in Union County, IL, at the discretion of Seller and Joe Ollis Real Estate & Auction, LLC. In any legal action or arbitration arising from these Terms and Conditions, the prevailing party shall be entitled to recover reasonable attorney fees and court costs from the non-prevailing party.
30. If any provision of these Terms and Conditions is held to be invalid, void, or unenforceable for any reason, the remaining provisions shall continue in full force and effect and shall in no way be affected, impaired, or invalidated.
31. Failure to enforce any term does not waive future enforcement rights. These Terms and Conditions are governed by Illinois law and are incorporated into the Contract for Sale of Real Estate. In the event of any conflict between these Terms and Conditions and the Contract for Sale of Real Estate, the Contract for Sale of Real Estate shall govern.
Thank you for your interest. For questions, contact our representatives.
