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  • STARTNov 2nd - 10:00am

  • VENUEVFW Post 6634

Bureau County, IL Land Auction

SOLD! TRACT 1 – $6,500.00 PER ACRE

SOLD! TRACT 2 – $5,500.00 PER ACRE

SOLD! TRACT 3 – $8,150.00 PER ACRE

TOTAL – $1,737,157.50

 

253.55 SURVEYED ACRES • 3 TRACTS

FRIDAY, NOVEMBER 2, 2018 AT 10:00 A.M.

Auction Venue: VFW Post 6634, 214 E Main St, Wyanet, IL 61379

This farm is located 1 mile north of Wyanet, IL in Sections 8 & 17, T16N•R8E, Wyanet Township, Bureau County, Illinois.

 


PRODUCTIVE TILLABLE FARMLAND!


 

TRACT INFORMATION

TRACT 1 – 80.15 SURVEYED ACRES

• FSA figures indicate approximately 78 acres of NHEL cropland currently in row crop production
• PI Rating: 118.7
• Soil types include: Dickinson, Harpster, Drummer, Selma, Lawler, Brenton, Lisbon and other soil complexes
• Access is along the north side by County Rd. 1650N
TRACT 2 – 74.35 SURVEYED ACRES
• FSA figures indicate approximately 75.8 acres of NHEL cropland currently in row crop production
• PI Rating: 118.9
• Soil types include: Pella, Lawler, Dickinson, Richwood, Sparta, Lisbon, Joyce and other soil complexes
• Access is along the north side by County Rd. 1650N
TRACT 3 – 99.05 SURVEYED ACRES
• FSA figures indicate approximately 96.06 acres of NHEL cropland currently in row crop production
• PI Rating: 129.5
• Productive soil types include: Lisbon, Saybrook, Drummer, Waukegan, Dickinson, Harpster, Joyce and Pella
• Access is along the north side by County Rd. 1650N

METHOD & TERMS

All three tracts have recently been surveyed and will sell on a price per acre basis, based on said survey.  All tracts will be offered through the marketing method of “Buyer’s Choice,” whereas the high bidder can elect (in any order) any or all tracts for their high bid. Auctioning will continue until all three tracts have been sold. The tracts will NOT be offered in their entirety or in any combination at the conclusion of the auction.
Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before Thursday, December 6, 2018. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2018 real estate taxes will be paid by the seller. The 2019 and all subsequent real estate taxes will be paid by the new buyer. Possession will be given at the time of closing subject to a crop tenancy for the 2018 crop year only. The farm sells free & clear for 2019 crop year.
All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.

 

PLAT MAP

 

AERIAL MAP

 

SOIL MAPS

 

TILE MAP

 

 

YIELDS

 

SURVEY MAPS – TRACTS 1 & 2

 

SURVEY MAPS – TRACT 3

 

 

James & Laura Albrecht Trust and Raymond Albrecht – Sellers

 

Attorney:  John Isaacson

Angel, Isaacson & Tracy

111 Park Ave East • Princeton, IL 61356

(815) 875-6551

 

Auction Manager: Kevin Haas (309) 264-7767

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Details

Date:
November 2
Time:
10:00 am - 11:55 pm
Categories:
,

Venue

VFW Post 6634
214 E Main Street, Wyanet, IL, 61379, United States.