Winnebago County, IL Land Auction – Johnson

Wednesday, December 07, 2022 - 2:00 pm Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at

(844) 847-2161

Location

Winnebago County, Illinois

Land is  located in Section 30, T44N•R1E, Rockford Township, Winnebago County, Illinois.
Physical Address: 6565 Cunningham Rd., Rockford, IL 61102

Seller

Nancy J. Johnson
Tina A. Johnson
Bruce A. Johnson

Managed By

Dale Jones (309) 299-6400

General Information

The Johnson farm is located approximately 2 miles west of Rockford, IL. and is further described as being located in Section 30, T44N•R1E, Rockford Township, Winnebago County, IL. Located at the interchange of Meridian road and US Highway 20. The farm contains a total of 79.32 taxable acres, will be sold in 1 tract and represents productive, tillable crop land, wooded areas, and potential home building sites.

Tract Information

Tract 1 - 79.32 Taxable Acres

  • FSA records indicate 37.17 NHEL cropland acres
  • Productivity Index (PI): 109.6
  • Major soil types are Kidder, Comfrey, Pecatonica, Fayette, Elco, Lahoguess, & Westville
  • Tract is improved with a single story, 2 bedroom, 1 bath home in need of significant repair, a detached 2-car garage,  other outbuildings and a well.
  • The balance of the parcel is wooded areas, a creek and draws with whitetail deer and turkey habitat.
  • Potential for residential or commercial development
  • Rockford school district
  • Located at the interchange of Meridian Rd. and US Highway 20
  • Access along the west side from S. Meridian Rd. and from the south side from Cunningham Rd.

Method & Terms

The real estate will be sold on a price per acre basis, based on 79.32 taxable acres.

Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before January 9th, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for the 2023 and all subsequent taxes. Seller will retain all the 2022 farm income. The farm sells free and clear of farm tenancy for 2023. Possession will be given at the time of closing subject to any remaining tenancy for 2022 only.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal, or inspection of the property. All announcements made on sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements, and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed.

All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS.” This is a court-ordered absolute auction.

Aerial Tour

Plat Map

Aerial Map

FSA Map

SOIL MAP

Subject Photos

Nancy J. Johnson
Tina A. Johnson
Bruce A. Johnson

 

Representing Attorneys:

Gerald B. Shelton, Jr.  |  Attorney at Law
124 N. Water St. STE. 208, Rockford, IL 61107  |  (815) 968-5761
 
James Stoddard  |  Klein, Stoddard, Buck & Lewis, LLC
2045 Aberdeen Ct # A, Sycamore, IL 60178  |  
(815) 748-0380

 

Auction Manager:

Dale Jones (309) 299-6400