.jpg)
Warren County, IL Land Auction - Whitenack
Tuesday, November 15, 2022 | 1:00 PM Central
Auction closed.
Warren County, IL Land Auction - Whitenack
Tuesday, November 15, 2022 | 1:00 PM Central
Auction closed.
Internet Premium:
See Special Terms for additional fees
See Special Terms for additional fees
Description
The auction will be conducted both Live and Online. The live auction will be held at the Abingdon American Legion, 546 Route 41 South, Abingdon, IL 61410. Bidders are invited to join us at the auction venue or to participate remotely online from your home or office. No buyer’s premium will be charged.
The Whitenack Estate Farm consists of 139.82 surveyed acres and will be offered in 2 contiguous tracts by bidder’s choice and privilege.
The property is located 5 miles south of Abingdon on Route 41 to Route 116 then 2 miles west or 12 miles east of Roseville, IL on Route 116, in the North Half of Section 36, Berwick, Township (T.9N.-R.1W.), Warren County, IL. The property has frontage on Route 116 and 180th Street (West Knox Road).
CROPLAND – TIMBER – PASTURE
SELLER: REBECCA L. WHITENACK ESTATE
ATTORNEY: Brian Peterson | Simpson Peterson Law Office
246 East Main St. – Suite 201 | Galesburg, IL 61401 309/343-6152
AUCTIONEERS: Van Adkisson (309)337-1761 & Jeff Gregory (309)337-5255
Show more
The Whitenack Estate Farm consists of 139.82 surveyed acres and will be offered in 2 contiguous tracts by bidder’s choice and privilege.
The property is located 5 miles south of Abingdon on Route 41 to Route 116 then 2 miles west or 12 miles east of Roseville, IL on Route 116, in the North Half of Section 36, Berwick, Township (T.9N.-R.1W.), Warren County, IL. The property has frontage on Route 116 and 180th Street (West Knox Road).
CROPLAND – TIMBER – PASTURE
SELLER: REBECCA L. WHITENACK ESTATE
ATTORNEY: Brian Peterson | Simpson Peterson Law Office
246 East Main St. – Suite 201 | Galesburg, IL 61401 309/343-6152
AUCTIONEERS: Van Adkisson (309)337-1761 & Jeff Gregory (309)337-5255
x Cancel
Terms of Sale
Lot # 0 (Sale Order: 1 of 3)
* This Lot is for informational purposes only *
SALE PROCEDURE: Tracts 1 and 2 will be offered by bidder's choice whereby the high bidder has the privilege of selecting either one or both tracts. In the event one tract is selected the remaining tract will then be sold.
TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due at closing on or before December 15, 2022. Buyers will receive full possession at the closing, subject to the rights of the tenant in possession which expire December 31, 2022. Title insurance will be provided. The 2022 real estate taxes payable in 2023 will be paid by the seller. Bidders must have financing arrangements made prior to participating in the auction. All statements and representations herein are believed to be correct, however, the sellers and the auctioneers make no warranties or guarantees expressed or implied. Any announcements made on the day of sale will supersede those previously advertised. Van Adkisson Auction Service LLC serves solely as agent for the seller and assumes no liability of any kind with the property being sold.
The property is selling under standard auction terms - As Is - without warranties or guarantees either expressed or implied. The sale is not subject to any contingencies. Bidders must have financing arrangements made prior to participating in the auction. Bidders are responsible for performing their own due diligence prior to participating the auction.
The information that is provided by the auction firm has been obtained from reliable sources and is believed to be correct. However, the sellers and the auction firm cannot guarantee the information. Any announcements made on the day of the auction will take precedence over any printed, electronic or oral representations made previously.
Van Adkisson Auction Service LLC serves solely as agent for the seller and assumes no liability of any kind with the property being sold.
SELLER: REBECCA L. WHITENACK ESTATE
ATTORNEY: Attorney: Brian Peterson | Simpson Peterson Law Office
246 East Main St. - Suite 201 | Galesburg, IL 61401 309/343-6152
AUCTIONEERS: Van Adkisson (309)337-1761
Jeff Gregory (309)337-5255
INTERNET BIDDING: Heather Gregory (309)337-2217
Click here to view the full listing on our website.
Tract 1 - 75.11 Surveyed Acres
Lot # 1 (Sale Order: 2 of 3)
Quantity: 75
- The south parcel with frontage on 180th Street.
- Presently 65.84 acres (m/l) in cropland - 117.7 PI
- Fayette, Clarksdale, Greenbush and Rozetta silt loam soils.
- Balance in timbered draws - Excellent hunting!
The purchase agreement will be adjusted to 75.11 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.
$7,950.00 x 75 = $596,250.00 Total
Tract 2 - 64.71 Surveyed Acres
Lot # 2 (Sale Order: 3 of 3)
Quantity: 64
- The north parcel with frontage on Route 116 and 180th Street.
- Open Pasture/Cropland.
- Mature Timber.
- Creek that has supplied year round water for livestock and wildlife.
- Home Building Sites.
- Excellent Hunting and Recreation.
The purchase agreement will be adjusted to 64.71 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.
$4,550.00 x 64 = $291,200.00 Total
