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  • STARTJan 18th - 1:00pm

  • VENUEOnline Only

Stark County, Illinois Land Auction

Monday, January 18, 2021 at 1:00 P.M.

160 Taxable Acres± • 1 Tract

SOLD! $12,600 PER ACRE
TOTAL – $2,016,000.00

Auction to be conducted as a virtual, online only auction.  No on-site bidding permitted.
If you need assistance with internet bidding, please contact our office at (844) 847-2161.  Thank you.


Click here to view results.


Location & General Information

The land is located approximately 6 miles east of Wyoming, IL or approximately 20 miles north of Peoria, IL and contains 160 acres to be sold in 1 tract. The land is further described as being located in the Northeast Quarter of Section 12, R12N-R7E, Valley Township, Stark County, IL. The farm represents high producing nearly all tillable, Class A farmland.

Aerial Tour

Tract Information

  • 160 taxable acres.
  • FSA records indicate 155.07 NHEL cropland acres.
  • Soil Productivity Index (PI): 142.1(on cropland acres)
  • Soil types include: Plano, Drummer & Elburn.
  • Building improvements: a 66’ x 90’ machine shed, 6,000 bu grain bin with aeration floor and stirator, detached garage, several older outbuildings and a house that is in need of major repair.
  • Public road access is along the north side by CR 500N.

 

Method & Terms

The farm will sell on a price per acre basis, based on the taxable acres. Immediately following the auction, the successful buyer 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 Friday, February 19, 2021. Bidding is NOT subject to any contingencies, including but not limited to, financing, appraisal, or inspection. Title insurance in the full amount of the purchase price will be provided by the seller. The 2020 real estate taxes, due and payable in 2021 will be paid by the sellers as the sellers have received the 2020 crop income. The 2021 & all subsequent real estate taxes will be the responsibility of the new buyer(s).

Possession will be given at the time of closing, subject to the current farm tenancy, which ends February 28, 2021.  The current farm tenant will retain the use of the buildings until that date.

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 Map

Photos

Illinois Audubon Society

James Herkert, Executive Director

 

Representing Attorney:
Creighton R. Castle
Giffin, Winning, Cohen & Bodewes, P.C.
1 W Old State Capitol Plz Ste 600
Springfield IL 62701-1383
Phone: 217.525.1571

Auction Manager: Kevin Haas (309) 264-7767

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Details

Date:
January 18
Time:
1:00 pm - 11:55 pm
Categories: