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  • STARTFeb 27th - 4:00pm

  • VENUEHoliday Inn & Suites

Prime McLean County, IL Farmland Auction

MONDAY, FEBRUARY 27, 2017 AT 4:00 P.M.

SOLD! TRACT 1 – $11,000.00 PER ACRE

SOLD! TRACT 2 – $11,000.00 PER ACRE

SOLD! TRACT 3 – $11,000.00 PER ACRE

SOLD! TRACT 4 – $9,000.00 PER ACRE

SOLD! TRACT 5 – $9,000.00 PER ACRE

SOLD! TRACT 6 – $7,750.00 PER ACRE

SOLD! TRACT 7 – $7,150.00 PER ACRE

SOLD! TRACT 8 – $6,400.00 PER ACRE

TOTAL – $5,481,074.50

 

Auction to be held at the Holiday Inn & Suites, 3202 E. Empire Street, Bloomington, IL

616.64 Surveyed Acres • 8 Tracts

CLICK HERE TO FLIP THROUGH 20 PAGE BROCHURE:

Layout 1

 

Location & General Information

Land is located in Sections 10, 15 & 17 of Dry Grove Township, Section 2 of Downs Township and in Section 35 of Old Town Township, all in McLean County, Illinois.

This outstanding farm is located in Central Illinois (in close proximity to Bloomington) . Tracts 1 – 5 are located northwest of Normal, IL. Tracts 6 & 7 are located east of Downs, IL (southeast of Bloomington). Tract 8 is located 4 miles northeast of Downs, IL.

All tracts sell with full possession for the 2017 crop year!

Land represents some of the most productive farmland in the entire state of IL, with PI ratings averaging 137+!

 

AERIAL TOUR

Tract Information

Tract 1 – 79.15 Surveyed Acres

  • FSA figures should indicate approximately 76 acres of NHEL cropland
  • Highly productive soil types include: Sable, Osco, Ipava (over 70%) & various other soil complexes
  • PI Rating: 136.1
  • Access is along the south by Rd. 1700N & along the west by N700 East Rd.

 

Tract 2 – 80.65 Surveyed Acres

  • FSA figures should indicate approximately 78.5 acres of NHEL cropland
  • Highly productive soil types include: Osco, Sable, Peotone, Ipava, Elkhart, Saybrook, Lisbon
  • PI Rating: 134.3
  • This tract is improved with a 1,120 sq. ft. home that was built in 1958. It has 2 bedrooms, 1 bath and a full basement.
  • Other improvements include: GSI 23,000 bu. grain bin that is only a few years old and in excellent condition; 10,000 bu. grain bin; 50’x100′ pole frame building (good condition); 42’x44″ pole frame building (poor condition); & a 20’x20′ detached garage.
  • Access is along the west by N700 East Rd.

 

Tract 3 – 39.69 Surveyed Acres

  • FSA figures should indicate approximately 39.5 acres of NHEL cropland
  • Highly productive soil types include: Sable, Osco, Ipava, Saybrook, Elkhart, Peotone & Arrowsmith
  • PI Rating: 137.6
  • Access is along the west by N700 East Rd.

 

Tract 4 – 81.02 Surveyed Acres

  • FSA figures should indicate approximately 77 acres of NHEL cropland
  • Highly productive soil types include: Sable, Ipava, Osco, Catlin, Hartsburg, Arrowsmith, Saybrook, Peotone & Harpster
  • PI Rating: 138.7
  • Improvements (south end) include (2) older small grain bins & a pole building (improvements add zero value to this tract)
  • Access is along the south by E1800 North Rd. & along the west by N900 East Rd.

 

Tract 5 – 67.48 Surveyed Acres

  • FSA figures should indicate approximately 67 acres of NHEL cropland
  • Highly productive soil types include: Ipava, Osco, Sable, Catlin, Hartsburg, Peotone, and a very small portion of Harpster & Saybrook
  • PI Rating: 138.7
  • Access is at the northwest corner off N900 East Rd.

 

Tract 6 – 80.47 Surveyed Acres

  • FSA figures should indicate approximately 77.47 acres of NHEL cropland
  • Highly productive soil types include: Sable, Sawmill, Miami, Arrowsmith, and a few other smaller soil complexes to include Strawn, Saybrook, Catlin, Osco, Ipava & Mayville
  • PI Rating: 137.8
  • Access is along the north by E800 North Rd.

 

Tract 7 – 162.92 Surveyed Acres

  • FSA figures should indicate approximately 149.5 acres of NHEL cropland
  • Highly productive soil types include: Sable, Sawmill, Ipava, Catlin, Osco (87%), and a few other smaller soil complexes to include Mayville, Arrowsmith, Elkhart, Miami, Redford, Dana & Russell
  • PI Rating: 137.1
  • This tract is improved with an older country home with approximately 1,160 sq. ft., partial basement with crawl space.
  • Other improvements include: 40’x48′ quonset building; 10,000 bu. bin constructed in 1972; and (3) other grain bins built in the 1960s as follows – 3,300 & (2) 2,200 bu. bins, respectively.
  • Access is along the north by E800 North Rd.

 

Tract 8 – 25.26 Surveyed Acres

  • FSA figures should indicate approximately 23.24 acres of NHEL cropland
  • Soil types include: Mayville, Keomah & Strawn
  • PI Rating: 108.2
  • Access is along the north by E900 North Rd. & along the east by N2300 East Rd.

 


Open Houses on Tracts 2 & 7

SATURDAY, FEBRUARY 18th

TRACT 2 – 10:00 – 11:30 A.M. & TRACT 7 – 1:00 – 2:30 P.M.


 

Method & Terms

The acres in this brochure are estimated; a survey is in progress and will be completed prior to sale day. All 8 tracts will be sold on a price per acre basis, with the final surveyed acres being used to constitute the settlement price. All 8 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. Buyer’s Choice auctioning will continue until all 8 tracts have been sold. The farm will NOT be offered in its entirety at the conclusion of the auction.

Ten percent (10%) of the bid price to be paid on the day of sale, with the balance due at the time of closing, on or before March 27, 2017. Title Insurance will be issued in the full amount of the purchase price. The 2016 real estate taxes, due and payable in 2017, will be paid by the sellers. The 2017 and all subsequent real estate taxes will be the responsibility of the new buyers. Full possession will be given at the time of closing. Immediately following the auction, the successful buyer(s) shall enter into a written purchase agreement with the sellers.

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 pertaining to this property. Real estate is being sold “AS IS”.

 

PLAT MAPS

 

AERIAL MAPS

 

SOIL MAPS

 

Sandra Foli Estate Farms

Bryan Foli Trustee

Attorney:

Brian P Garwood

Costigan & Wollrab, P.C.

308 East Washington St

Bloomington IL  61701

(309) 808-6067

Sale Manager:

Kevin Haas

(309) 264-7767

 

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Details

Date:
February 27, 2017
Time:
4:00 pm - 11:00 pm
Categories:
,

Venue

Holiday Inn & Suites
3202 E. Empire Street, Bloomington, IL, 61704, United States.
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