Lee County, IL Land Auction – Whitford

Monday, September 26, 2022 - 10:00 am 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!

$16,550 PER ACRE

 

TOTAL – $2,557,272.90

Location

Lee County, Illinois

Seller

Bernice Whitford Family Farm LLC

Managed By

Kevin Haas (309) 264-7767

Location & General Information

The Bernice Whitford Family Farm LLC real estate is located approximately 4 miles southwest of Franklin Grove, IL, or 8 miles east of Dixon, IL, or 20 miles southwest of Rochelle, IL. The land is located in Section 16, T21N•R10E, Nachusa Township, Lee County, IL.

The farm contains a total of 154.518 surveyed acres, will be sold in 1-tract and represents nearly all-tillable, highly productive farmland with Class A soils.

Farmers and investors, be sure to check out this outstanding Class A farm which is ideally located in Lee County, IL.

Tract Information

154.518 Surveyed Acres • 1 Tract

  • FSA records indicate 153.13 NHEL cropland acres
    • Includes 6.40 CRP acres (annual payment $2,396, expires 9/30/2025)
  • Soil Productivity Index (PI): 143.1 (Class A)
  • Soil types include Sable, Osco and Muscatune
  • This farm offers excellent drainage, fertility and yield history
  • Road access along the west side from Robbins Rd and along the north side from McGirr Rd

Method & Terms

The Whitford real estate will be sold on a price per acre basis, based on the surveyed 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 October 26 2022. 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 all subsequent real estate taxes. Possession will be given at closing subject to the current 2022 tenancy. Open lease for 2023.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made 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”.

Soil Results

154.518 Surveyed Acres • 1 Tract

Soil Test Results: pH - 6.5 • P - 66 #/A • K - 465 #/A
.
Yield History (Provided by Seller):
  • Average yield of last five years of corn = 219 bu/a
  • Average yield of last 2 years of soybeans = 77bu/a

Survey

FSA Information

REAL ESTATE TAX INFORMATION

PIN 14-09-16-100-003 155.0 acres $7983.12

Aerial Tour

Plat Map

Aerial Map

SOIL MAP

TILE MAPS

Subject Photos

Bernice Whitford Family Farm LLC

 

Representing Attorney:

Linda Giesen | Ehrmann Gehlbach Badger & Considine, LLC
114 E. Everett Street, Suite 300 | Dixon, IL 61021
(815) 288-4949

 

Auction Manager:

Kevin Haas (309) 264-7767