Peoria County, IL Land Auction - Borland
Peoria County, IL Land Auction - Borland
See Special Terms for additional fees
Description
Peoria County, Illinois
The land is located 1 mile south of Hanna City, IL or 10 miles west of Peoria, IL. The land is further described as being located in Section 14, T8N-R6E, Logan Township, Peoria County, Illinois.
Farmers & investors, don’t miss this opportunity to purchase this well located Class A Peoria county farm!
Auction Managers:
Kevin Haas (309) 264-7767
Michael Sullivan (309) 333-0916
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Method & Terms
Lot # 0 (Sale Order: 1 of 2)
This lot is informational and may be used for test bidding - place your actual bids below on Lot #1.
The Borland farm will be sold on a price per acre basis, based on 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 Friday, February 23, 2024.
The seller will provide title insurance in the full amount of the purchase price and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Buyer will be responsible for 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 TITLE COMMITMENT
CLICK HERE TO VIEW SURVEY PLAT
CLICK HERE TO VIEW PURCHASE AGREEMENT
Borland Irrevocable Trust
Joyce Easley Trustee
Representing Attorney:
Timothy W. Kirk, Shareholder | Heyl, Royster, Voelker & Allen, P.C.
300 Hamilton Boulevard, Peoria, Illinois 61601 | (309) 677-9519
Auction Managers:
Kevin Haas (309) 264-7767
Michael Sullivan (309) 333-0916
Tract 1 - 82.39 surveyed acres
Lot # 1 (Sale Order: 2 of 2)
Quantity: 82
- 82.39 surveyed acres
- FSA records indicate 82.60 NHEL cropland acres
- Productivity Index (PI):141.4 (Class A!)
- Soil types include Ipava, Sable, Clarksdale, and Keomah
- Access along the north side from W Grafelman Rd
The purchase agreement will be adjusted to a quantity of 82.39 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
