The estate is absolutely the best wilderness estate on the market in Illinois
Chicago, IL (PRWEB) June 02, 2015
On July 22nd, Fine & Company, LLC (FineAndCompany.com), will auction Hidden River, 438 County Road 2600N, Mahomet, IL, fifteen miles from the University of Illinois campus in Champaign, IL, with its 15,000 SF mansion, 1,400 SF Canadian log cabin and motorcar pavilion with more than 7,000 feet of shoreline along the Sangamon River in central Illinois. Last listed for $6.95 million, this offering represents a unique opportunity to purchase one of the most important homes on 200 acres available in Illinois at auction.
Hidden River is the vision of Bruce Artwick the creator of the first consumer flight simulator software, which eventually became Microsoft Flight Simulator. " The University of Illinois is only fifteen miles away, but once you are here, you feel like you are in another world which will inspire you and provide years of enjoyment.
The estate will be offered in three tracts. Bidders may bid for individual tracts, combinations of tracts or the entirety.
Tract 1 – The mansion, log cabin & motorcar pavilion on 112 acres including frontage along the Sangamon River
Tract 2 – The northern most 50 wooded acres, including frontage on both shores of the Sangamon River
Tract 3 – The southwestern and western most 35 acres.
Bidding will be via sealed bid auction with bids due by 3:00 p.m. on July 22, 2015. The property will be sold subject to a minimum bid of $850,000 for either the sum of the parcels or the entirety.
Michael A. Fine, principal of Fine & Company, said: “Rarely is there an opportunity to buy two-hundred acres of primarily wooded land with both shorelines of the Sangamon River meandering through the property together with a world class residence in Central Illinois. The estate is absolutely the best wilderness estate on the market in Illinois. Hidden River features 7,180 feet of frontage on the Sangamon River, a magnificent English Arts and Crafts home, a true log-rounds construction log cabin along the 7,180 feet of frontage on the Sangamon River.”
“The Minimum Bid of only $850,000 is being used to demonstrate to all potential buyers that this property will be sold the day of the auction,” said Fine.
(Fine & Company LLC, Hidden River Auction page 2)
Bruce Artwick, the owner of the home said: “The auction focuses the market’s attention on the property, establishes a time-certain date of sale, and a transparent transaction where all interested buyers can compete to purchase the property under identical terms and conditions.
We selected Fine & Company based on their vast knowledge of marketing and structuring the sale of unique real estate and trophy homes.”
Fine added, “Hidden River epitomizes luxurious living and offers privacy and privilege that only a treasured estate with one thousand feet shoreline along the Sangamon River within the property can provide. There are a multitude of potential uses for this property including a private family estate, a group or not for profit may continue to utilize it as a retreat, the two land parcel offer recreational land opportunities or a visionary could develop the property.”
“Some of the special features of the property include:
- Magnificent Home – The English Arts and Crafts residence is patterned after an old estate in upstate New York and contains 15,000 SF of living space with five bedrooms and eight baths plus 4,000 SF of storage and mechanical space. There are two garages for a total of five cars with a drive-through porte-cochere. The home’s design provides wonderful and versatile formal and informal living spaces including a two-story great room, library, glass enclosed conservatory, beautiful bedroom suites, spectacular kitchen, and formal and informal dining areas and much more which appeal to those with discriminating tastes
- Log Cabin – Located in a pine forest along the Sangamon River this 1,391 SF Pacific Northwest style full log home offers solitude and a quick getaway without leaving the property.
- Motorcar Pavilion – The 4,170 SF building is fully heated and air conditioned, featuring a 12 car showroom, shop area for renovation and repairs, two offices and a kitchen.”
- Desirable Riverfront Property – Hidden River consists of 197 glorious wilderness property with 7,180 feet of frontage (includes both sides of the river) along the Sangamon River, a stream running 792 feet into the river and fruit orchard with apple, cherry, peach and plum trees.
The property is available for inspection on: June 6, 20, 27, and July 11 by appointment only, with 48 hours notice. Call (312) 278-0600 ext 101.
A detailed Bidder’s Information Packet will be available for the property. The purchase of the packet is required to bid. Packets may be obtained by calling (312) 278-0600 ext 101.
About Fine & Company
Fine & Company, LLC (http://www.FineAndCompany.com) is a national provider of real estate auction services whose principal competency is understanding and maximizing the value of unique real estate assets by combining high-touch auction marketing, transaction structuring with a variety of bidding techniques while providing clients with unmatched expertise along with efficiently-managed, completely transparent sale methodologies for conducting real estate transactions.
Please call Fine & Company at (312) 278-0600 for more information.