Tazewell County, IL Land Auction - Alt-Roecker
Tazewell County, IL Land Auction - Alt-Roecker
See Special Terms for additional fees
Description
The Alt-Roecker Farm is located approximately 2 miles south of Morton, IL, adjacent to and on the west side of I-155 at the Broadway Road exit. The land is located in Section 31, T25N-R3W, Morton Township, Tazewell County, IL.
The farm contains a total of 171.742 acres (subject to survey), will be sold in 2-tracts, and both tracts are nearly all-tillable with highly productive soils.
Farmers and investors, the Alt-Roecker Farm is one of the nicest farms in Tazewell County, IL. Be sure to check out these investment quality tracts of land.
MANAGED BY
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.
Both tracts will be sold on a price per acre basis, based on the soon to be completed surveyed acres. Both tracts will be sold through the marketing method of "Buyers Choice", whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will be offered. 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 November 30, 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 the 2023 and all subsequent RE taxes. Possession will be given at the time of closing, subject to any remaining crop tenancy 2022. Seller is retaining all the 2022 farm income. The farm sells free & clear of crop tenancy for the 2023 crop year.
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 TITLE COMMITMENT
CLICK HERE TO VIEW SURVEY
CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT
CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT
Alt-Roecker Farm - Seller
Representing Attorney:
James W. Benckendorf
100 North Main Street | Morton, IL 61550
Phone: (309) 266-6121
Fax: (309) 266-8759
Auction Manager:
Kevin Haas (309) 264-7767
TRACT 1 - 85.871 ACRES
Lot # 1 (Sale Order: 2 of 3)
Quantity: 86
- FSA records should indicate approximately 88.5 NHEL cropland acres (split field)
- Access along the south side from Broadway Rd
- Productivity Index (PI): 141.7 (Class A)
- Soil types include Ipava, Sable and Buckheart
- Broadway Road (County Rd 1700 N) borders along the south side
- REAL ESTATE TAX INFORMATION
- PIN 06-06-31-400-001 - 175.74 Acres - $8,722.78
- YIELD HISTORY
- Corn - 216 bu/acre
- Beans - 76.6 bu/acre
- SOIL TEST RESULTS
-
Tracts pH P#/A K#/A
West Half 6.1 96 401
East Half Unavailable
-
The purchase agreement will be adjusted to a quantity of 85.871 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
TRACT 2 - 85.871 ACRES (SUBJECT TO SURVEY)
Lot # 2 (Sale Order: 3 of 3)
Quantity: 86
- FSA records should indicate approximately 88.5 NHEL cropland acres (split field)
- Access along the south side from Broadway Rd
- Productivity Index (PI): 142.0 (Class A)
- Soil types include Ipava, Sable and Buckheart
- Broadway Road (County Rd 1700 N) borders along the south side and I-155 along the east side (no access off 155)
- REAL ESTATE TAX INFORMATION
- PIN 06-06-31-400-001 - 175.74 Acres - $8,722.78
- YIELD HISTORY
- Corn - 216 bu/acre
- Beans - 76.6 bu/acre
- SOIL TEST RESULTS
-
Tracts pH P#/A K#/A
West Half 6.1 96 401
East Half Unavailable
-
The purchase agreement will be adjusted to a quantity of 85.871 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.