Sangamon County, IL Land Auction – McCurdy & Ryan

Monday, November 22, 2021 - 12:00 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

SOLD!

TRACT 1 – $18,200 PER ACRE

TRACT 2 – $17,300 PER ACRE

TRACT 3 – $17,300 PER ACRE

TRACT 4 – $18,200 PER ACRE

 

TOTAL – $6,276,989.70

Location

Sangamon County, Illinois

The Mary Ellen McCurdy Estate & Nellie E. Ryan Trust real estate is located 3 miles west of Springfield, IL, at the intersection of State Highway 97 and N Old Covered Bridge Lane. The land is further described as being located in Sections 21, 22 & 27, T16N-R6W, Gardner and Capital Townships, Sangamon County, IL.

Seller

The Mary Ellen McCurdy Estate & The Nellie E. Ryan Trust

Managed By

John Sullivan (309) 221-6700

Dan Sullivan (844) 847-2161

General Information

The property contains a total of 357.912 Surveyed Acres and will be sold in 4-tracts with each tract representing outstanding, highly productive, Class A soils with PI’s in the 140’s. In addition to the quality farmland, this property offers tremendous development potential given the significant growth on the west side of Springfield and along Highway 97.

tract information

Tract 1 - 39.968 Surveyed Acres

  • FSA records indicate 39.31 NHEL cropland acres
  • Soil Productivity Index (PI): 141.9 (Class A)
  • Soil types include Ipava and Sable
  • Road access along the north side by Highway 97 and the east side by Old Covered Bridge Lane
  • Tract 1 offers outstanding commercial/residential development possibilities given the tremendous growth on the west side of Springfield
  • The current two-lane IL State Highway 97 is becoming a 5.5 mile divided four-lane expressway
    • Per The IL Department of Transportation (IDOT) website: “Upgrade the existing 2-lane facility to a divided 4-lane partial access-controlled expressway.”
  • These improvements will make this area even more attractive for development

Tract 2 - 120.554 Surveyed Acres

  • FSA records should indicate 116 NHEL cropland acres (split field)
  • Soil Productivity Index (PI): 140.8 (Class A)
  • Soil types include Sable, Ipava and Hartsburg
  • Road access along the east side by Old Covered Bridge Lane
  • In addition to the quality farmland, Tract 2 also offers commercial/residential development possibilities

Tract 3 - 142.789 Surveyed Acres

  • FSA records should indicate 141 NHEL cropland acres (split field)
  • Soil Productivity Index (PI): 140.7 (Class A)
  • Soil types include Ipava and Sable
  • Road access along the south side and partially along the east side by Old Covered Bridge Lane
  • In addition to the quality farmland, Tract 3 also offers excellent commercial/residential development possibilities

Tract 4 - 54.601 Surveyed Acres

  • FSA records should indicate 52 NHEL cropland acres (split field)
  • Soil Productivity Index (PI): 141 (Class A)
  • Soil types include Ipava and Sable Road access along the east side by Old Covered Bridge Lane
  • In addition to the quality farmland, Tract 4 also offers excellent commercial/residential development possibilities

real estate tax information

Tract 1
PIN 13-22.0-100-004 - 39.97 acres - $2,011.68
Tract 2
PIN 13-21.0-400-008 - 40.41 acres - $2,093.20
PIN 13-22.0-300-005 - 80.16 acres - $3,668.12
Tract 3
PIN 13-27.0-100-001 - 65 acres - $3,023.20
PIN 13-22.0-300-002 - 40 acres - $2,079.80
PIN 13-21.0-400-004 - 40 acres - $2,079.80
Tract 4
PIN 13-22.0-300-003 - 40 acres - $2,039.32
PIN 13-27.0-100-003 - 15 acres (estimated) - $785.00 (estimated)

Method & Terms

A survey will be completed prior to the auction on all 4 tracts and each tract will be sold by the acre based on the surveyed acres. All 4 tracts will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can purchase (in any order) any or all of the tracts for their high bid. “Buyer’s Choice” auctioning will continue until all 4 tracts have been elected. The tracts will not be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) 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 be on or before December 27, 2021. Possession will be given at the time of closing subject to any remaining crop tenancy for 2021. All tracts sell free and clear of tenancy for 2022. The sellers will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022.

Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal or inspection.

All announcements made sale day take precedence over 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 made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.

il state highway 97 development information

Aerial Tour

Plat Map

Survey Information

Aerial Map

FSA Information

SOIL MAP

SOIL test results

Subject Photos

The Mary Ellen McCurdy Estate (and the John Robert McCurdy Estate) & The Nellie E. Ryan Trust

 

Representing Attorney:

Barry Hines
1224 Centre West Drive
Suite 200A
Springfield, IL 62704
(217) 698-8444