Stark & Henry County, IL Land Auction – Unhold

Thursday, November 04, 2021 - 1:00 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 – $15,700 PER ACRE

TRACT 2 – $7,850 PER ACRE

TRACT 3 – $12,800 PER ACRE

TRACT 4 – $6,050 PER ACRE

TRACT 5 – $12,400 PER ACRE

TRACT 6 – $10,000 PER ACRE

TRACT 7 – $10,500 PER ACRE

 

TOTAL – $5,672,164.50

Location

Stark & Henry County, Illinois

511.24 Surveyed Acres • 7 Tracts

Seller

Dr. Josef Unhold Trust, Et. Al.

Gerald Unhold • Erika Unhold • Ernie Unhold

Co-Trustees

 

Managed By

Kevin Haas (309) 264-7767

General Information

Tracts 1 – 4 are located at the southwest edge of Wyoming, IL (Wyoming is located approximately 9 miles north of Princeville, IL) and are further described as being located in the North Half of Sections 2 & 3, T12N-R6E, Essex Township, Stark County, IL. Tracts 5 – 7 are located approximately 3 miles south of Kewanee, IL and are further described as being located in Section 29, T14N-R5E, Wethersfield Township, Henry County, IL.

Farmers, investors and developers, the Unhold land contains 506 acres (subject to survey) and represents productive farmland which is ideally located and offers many possibilities!

 

Survey results are posted.

Tract Information

Tract 1 - 45.62 Surveyed Acres

  • FSA records indicate 44.54 NHEL cropland acres
  • Soil Productivity Index: 139.1 (Class A)
  • Soil types include Ipava & Osco
  • This tract lies adjacent to the City of Wyoming IL and offers development potential
  • Tract is in Wyoming city limits & is in a TIF District
  • Access along the west side from 1050 East Rd

Tract 2 - 54.57 Surveyed Acres

  • FSA records indicate 37.02 HEL cropland acres
  • Soil Productivity Index: 132.9 • Soil types include Greenbush, Ipava & Osco
  • The balance of this tract is mature timber with a meandering creek
  • Several building sites
  • Tract is in Wyoming city limits & is in a TIF District
  • Note: There is a small section in the southwest corner of this tract that is not within the Wyoming city limits & TIF District.
  • Access along the east side from 1050 East Rd

Tract 3 - 33.8 Surveyed Acres

  • FSA records indicate 33.3 cropland acres
  • Soil Productivity Index: 133.4 (Class A)
  • Soil types include Osco, Elkhart & Ipava
  • Offers development potential
  • Tract is in Wyoming city limits & is in a TIF District
  • Access along the east side from 1050 East Rd

Tract 4 - 17.76 Surveyed Acres

  • FSA records indicate 15.09 cropland acres
  • Soil Productivity Index: 115.0
  • Soil types include Fayette, Rozetta & Radford
  • Offers development potential
  • Tract is in Wyoming city limits & is in a TIF District
  • Access along the north side from State Rt 17

Tract 5 - 134.07 Surveyed Acres

  • FSA records indicate 119.53 HEL cropland acres
  • Soil Productivity Index: 121.5
  • Soils include Osco, Hickory & Buckhart
  • Improved with farm pond
  • (3) grain bins with a 41,000 bu total capacity
  • Access along the west side from E 2450th St.

Tract 6 - 83.82 Surveyed Acres

  • FSA records indicate 74.98 HEL cropland acres
  • Soil Productivity Index: 106.8
  • Soils include Greenbush, Hickory & Buckhart
  • The balance of this tract is a waterway & wooded creek
  • Access along the west side from E 2450th St

Tract 7 - 141.6 Surveyed Acres

  • FSA records indicate 128.92 cropland acres
  • Soil Productivity Index: 116.6
  • Soils include Elco, Greenbush, Sawmill & Radford
  • The balance of this tract is a creek and waterways
  • Access along the North side from N 200th Ave

Aerial Tour

Method and Terms

All 7 tracts will be surveyed and sold on a price per acre basis, based on the final surveyed acres.

Tracts 1 - 4 will be offered through the marketing method of “Buyer’s Choice,” whereas the high bidder can elect (in any order) any or all of Tracts 1 - 4. Buyer’s Choice will continue until all 4 tracts have been selected.

Tracts 5 - 7 will be offered through the marketing method of “Buyer’s Choice,” whereas the high bidder can elect (in any order) any or all of Tracts 5 - 7. Buyer’s Choice will continue until all 3 tracts have been selected.

The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the winning bidder(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 the time of closing, on or before December 6, 2021. Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal or inspection. Possession will be given at the time of closing, subject to the current crop tenancy for the 2021 crop year. Once the 2021 crop is harvested and after closing, the new buyer will have all rights to the property. All tracts sell with full farming rights for the 2022 planting season. Title insurance in the full amount of the purchase price will be provided by the seller. The 2021 real estate taxes, due and payable in 2022, will be paid by the seller, with the 2022 and all subsequent real estate taxes to be paid by the buyers.

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”.

Survey - Tracts 1-4

Survey - Tracts 5-7

Most recent soil test results

Most recent tax information

Tract 1
PIN 07-02-200-009 44.88 acres $2355.46
Tracts 2-4
PIN 07-02-100-010 109.39 acres $3590.28
PIN 07-03-200-002 1.3 acres $0.00
Tracts 5-7
PIN 25-29-300-006 150.96 acres $4588.48
PIN 25-29-100-002 200.0 acres $4567.22

Fsa Information

Tract 1 Tile Drawing

Tracts 2 & 3 Tile Drawing

Plat Map - Stark County, IL

Aerial Map - Stark County, IL

SOIL MAPS - Stark County, IL

Plat Map - Henry County, IL

Aerial Map - Henry County, IL

SOIL MAPS - Henry County, IL

Tract 1 Photos

Tract 2 Photos

Tract 3 Photos

Tract 4 Photos

Tract 5 Photos

Tract 6 Photos

Tract 7 Photos

Dr. Josef Unhold Trust, ET. AL.

Gerald Unhold • Erika Unhold • Ernie Unhold

Co-Trustees

 

Representing Attorney:

Marci M. Shoff

Hasselberg, Rock, Bell & Kuppler LLP

4600 N. Brandywine Drive

Peoria, IL 61614

(309) 688-9400

 

Auction Manager:

Kevin Haas

(309) 264-7767