McLean County, IL Land Auction - Winterland
McLean County, IL Land Auction - Winterland
See Special Terms for additional fees
Description
McLean County, Illinois
The Winterland Trust farm is located 9 miles east of Lexington, IL, 8 miles southwest of Fairbury, IL, or 24 miles northeast of Bloomington, IL. The land is further described as being located in Section 2, T25-R5E, Lawndale Township, McLean County, Illinois.
Farmers & investors, take advantage of this opportunity to purchase a large, contiguous, professionally managed farm close to excellent grain market outlets.
Auction Manager:
Kevin Haas (309) 264-7767
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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.
All tracts will be sold on a price per acre basis, based on surveyed acres, and will be offered through the marketing method of "Buyer's Choice", whereas the high bidder can elect either tract 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 both 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 Friday, March 29, 2024.
The seller will provide title insurance in the full amount of the purchase price. Seller will pay the 2023 real estate taxes due in 2024 with a credit at closing. Buyer pays 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".
CLICK HERE TO VIEW SURVEY PLAT
CLICK HERE TO VIEW TITLE COMMITMENT
TRACT 1
CLICK HERE TO VIEW PURCHASE AGREEMENT
TRACT 2
CLICK HERE TO VIEW PURCHASE AGREEMENT
Henry Winterland Trust
Bank of Pontiac and Dallas L. Bose, Co-Trustees
Representing Attorney:
Mark A. Coleman Jr. | Weeks, Brucker & Coleman LTD
606 W Oak St., Fairbury, IL 61739 | (815) 692-2302
Auction Manager:
Kevin Haas (309) 264-7767
Tract 1 - 139.53 surveyed acres
Lot # 1 (Sale Order: 2 of 3)
Quantity: 140
- FSA records should indicate 131 NHEL cropland acres (estimated)
- Productivity Index (PI): 128.3
- Soil types include Chenoa, Ashkum, Graymont, and Andres
- The balance of this tract contains several machinery storage buildings and a large yard
- Several mature trees make this an excellent building site
- Access along the south side from E 2550N Rd
The purchase agreement will be adjusted to a quantity of 139.53 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
Tract 2 - 139.53 surveyed acres
Lot # 2 (Sale Order: 3 of 3)
Quantity: 140
- FSA figures should indicate 138 NHEL cropland acres (estimated)
- Productivity Index (PI): 130.1
- Soil types include Chenoa, Ashkum, Graymont, and Drummer and Elpaso
- Former country school site sits in the southeast corner of this tract
- Access along the south side from E 2550N Rd
The purchase agreement will be adjusted to a quantity of 139.5 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
