McLean County, IL Land Auction - Wiegand
McLean County, IL Land Auction - Wiegand
See Special Terms for additional fees
Description
McLean County, Illinois
The farm is located approximately 1 mile west of Carlock, IL, or 11 miles northwest of Bloomington, IL. The land is further described as being located in Sections 25 & 26, T25N-R1W, Danvers Township, McLean County, Illinois.
Farmers & investors don’t miss this opportunity to purchase a high producing McLean County farm located close to excellent grain market outlets.
Auction Manager:
Kevin Haas (309) 264-7767
Method & Terms
Lot # 0 (Sale Order: 1 of 3)
This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-2.
The Wiegand farms will be sold on a price per acre basis - Tract 1 will be sold based on surveyed acres and Tract 2 will be sold based on taxable acres. Both tracts will be offered through the marketing method of "Buyer's Choice", whereas the high bidder can elect any of the tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered "Buyer's Choice" until all 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 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 Tuesday, February 20, 2024.
The seller will provide title insurance in the full amount of the purchase price and will pay all the 2023 taxes, due and payable in 2024, with a credit at closing. Buyer is responsible for paying 2024 taxes and beyond. Open lease for 2024 crop year and beyond. Possession at closing.
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".
TRACT 1
CLICK HERE TO VIEW SURVEY PLAT
CLICK HERE TO VIEW PURCHASE AGREEMENT
CLICK HERE TO VIEW TITLE COMMITMENT
TRACT 2
CLICK HERE TO VIEW PURCHASE AGREEMENT
CLICK HERE TO VIEW TITLE COMMITMENT
Marian R. Wiegand Estate
Karen Wiegand
Representing Attorney:
James J. Stoller | Stoller Law Office
15 W. Front St., El Paso IL 61738 | (309) 527-4300
Auction Manager:
Kevin Haas (309) 264-7767
Tract 1 - 38.91 surveyed acres
Lot # 1 (Sale Order: 2 of 3)
Quantity: 39
- FSA records indicate 38.5 cropland acres
- There are no CRP acres associated with this tract
- Productivity Index (PI): 130.4
- Soil types include Catlin, La Rose, Ipava, Sable, Osco, and Radford
- This tract has excellent fertility
- Access along the east side from CR600E
The purchase agreement will be adjusted to a quantity of 38.91 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
Tract 2 - 66.86 taxable acres+/-
Lot # 2 (Sale Order: 3 of 3)
Quantity: 67
- FSA records indicate 59.69 cropland acres
- Includes 5.6 CRP acres, annual payment of $2,119.00, expires 9-30-2026
- Includes 3.2 CRP acres, annual payment of $1,123.00, expires 9-30-2026
- Productivity Index (PI): 129.4
- Soil types include Catlin, Saybrook, Sable, La Rose, Radford, Osco, Ipava, and Sawmill
- This tract has excellent fertility
- Access along the east side from CR600E
The purchase agreement will be adjusted to a quantity of 66.86 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.