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Tract 1- 64.36 Surveyed Acres$1,525.00{"message":"In _app.tsx child of Layout","renderCount":1}
Biodiesel Facility on 6.74± Acres
This lot was not sold. You may be able to bid on this item if the auctioneer offers the lot again.
Auction by Maas Companies Inc(36)
This item is in Belvidere, IL
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Item Details
BioVantage Fuels, LLC is a regional biodiesel manufacturer located in the Crosslink Business Park that produces high quality, ASTM D6751 grade biodiesel primarily from Used Cooking Oil (UCO). The plant is capable of producing approximately 5 million gallons per year and has both the additional land and utility access available for significant expansion in production capacity. Lifetime Operating Permit, Blenders License, Wastewater Spray Permit Available.
Visit Maas Companies for a complete description of the real estate and an equipment listing.
Visit Maas Companies for a complete description of the real estate and an equipment listing.
Payment
Bidders will need to make an earnest money deposit of $20,000 via cashier’s check or wire prior to being allowed to bid. Request Bidder Kit for Complete Terms.
Credit cards will be used to verify identity during the registration process, however purchases will NOT be charged to this card.
Wire Transfer
Auction Details
AUCTION: Biodiesel Facility on 6.74± Acres1201 Crosslink Parkway, Belvidere, IL, 61008Thursday, May 26, 2022 | 4:00 PM CDT
Auction House
Terms Of Sale
1. All persons attending the exhibition, sale, or removal of merchandise assume all risks of damage to person or property and specifically release and indemnify Maas Companies Inc and/or Seller, from any liability.
2. All property is sold "AS IS", and ALL SALES ARE FINAL. Subject to Prior Sale. Subject to Owner Confirmation. Property is open to thorough public inspection. It is the Bidder's responsibility to determine condition, age, genuineness, value or any other determinative factor. Maas Companies Inc and/or Seller may attempt to describe the merchandise in advertising, on the internet and at the auction but makes no representations. In no event shall Maas Companies Inc and/or Seller, be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value.
3. All internet Bidders agree to pay a buyer's premium equal to 10% (Ten Percent) of the hammer price of each item they purchase.
4. Bidders who bid from off site and are not able to preview, understand and acknowledge that they may not be able to inspect the property and equipment as well as if they examined it in person. It is the Bidder's responsibility to determine condition, age, genuineness, value or any other determinative factor. Maas Companies Inc and/or Seller shall endeavor to describe in detail each item and any pertinent information about it. Maas Companies Inc and/or Seller will not be responsible for any errors or omissions in the description of the merchandise. ACCURACY OF DESCRIPTION NOT GUARANTEED, ALL ITEMS SOLD AS-IS WHERE IS WITH NO WARRANTIES OR GUARANTEES, EXPRESSED OR IMPLIED. Bidder agrees that everything is sold as is and that they may not return any item they purchase for any reason.
5. Maas Companies Inc and/or Seller, is providing internet pre-auction and live bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Maas Companies Inc and/or Seller, or anyone else if the internet service fails to work correctly before or during the live auction. Maas Companies Inc and/or Seller will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction begins. Maas Companies Inc and/or Seller reserve the right to withdraw or re-catalog items in this auction.
6. The auctioneer shall advance the bidding at his own discretion. Maas Companies Inc and/or Seller may withdraw any item before or during the auction. Should a tie or a dispute arise between two bidders, the auctioneer may, at his discretion, reopen the bidding until the property is sold. The record of the auction made by Maas Companies Inc and/or Seller shall be conclusive.
7. Deposits may be made via wire transfer. Winning bidder will be required to deposit an additional deposit within 48 hours bringing the total monies in escrow to 20% of the purchase price. Balance due at closing within 30 days. Deposit monies are earnest monies and non-refundable. Deposits of non-winning bidders will be returned immediately following the auction.
8. Maas Companies Inc and/or Seller may refuse a buyer's number to anyone for any reason. Bidder agrees to provide any identification Maas Companies Inc and/or Seller may request including but not limited to: drivers license, photocopies of credit cards, Social Security card or Passport. Bidder agrees to comply with any stated additional terms or conditions associated with particular items.
9. We want you to be happy with your purchase. If you have questions about the property or equipment the time to ask questions is well in advance of the live auction. No returns are allowed. Thank you for your patronage.