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822 ACRE IL RIVER BOTTOM LAND AUCTION

Real Estate  >  Curless Auction  >  822 ACRE IL RIVER BOTTOM LAND AUCTION

822 ACRE IL RIVER BOTTOM LAND AUCTION

by Curless Auction
Mon, Jun  14, 2021  11:00 AM   Central
THIS WILL BE A LIVE ONSITE AUCTION WITH PROXIBID INTERNET BIDDING AVAILABLE - 633.89 ACRES M/L TILLABLE, IL RIVER BOTTOM FARMLAND - 570 ACRES M/L IRRIGATED FARMLAND IN TRACTS 3-7 - ILLINOIS RIVER HUNTNG / RECREATIONAL PARADISE - WHITETAIL DEER AND DUCK HUNTING - HOMESITES - 3 BR LOG HOME - BARN - 63,000 BU GRAIN STORAGE - TREMENDOUS INCOME & INVESTMENT OPPORTUNITY! Auction Procedure: Tracts 1-7 will be offered Buyers Choice on a dollar per acre basis until all 7 tracts are selected. Tract 8 will then be offered on a total dollar basis. Survey acreage figures will be used to calculate final valuation of Tracts 2 & 4-7. SURVEY RESULTS WILL BE POSTED HERE WHEN AVAILABLE. Survey results on Tracts 2, 4-7 and final acres provided on Tracts 1 and 3 multiplied by the high bid price on respective tracts (in addition to applicable online buyers fees) will be used to calculate the final purchase price. Acres provided are approximate. Acres in the quantity category on the Proxibid platform are rounded by Proxibid and will be adjusted for final valuation. Interested bidders must contact the auction company by Friday, June 11, 2021, 4 PM with a bank letter of credit for the down payment to be registered to bid online for this auction. Terms: 10% down payment to be paid in full at the conclusion of the auction using one of our accepted payment options. Successful online Buyers will be sent an email invoice following the auction. Successful online Buyers: contact the Auction Company at the conclusion of the auction to arrange payment. Down payment funds must be secured within 3 business days or will be considered in default. Successful bidders will be required to sign a Memorandum of Agreement onsite or via electronic means at the immediate conclusion of the auction. The balance of the purchase price will be due at closing on or before Wednesday, July 14, 2021. Seller will provide title insurance in the amount of the purchase price. 2021 real estate taxes on Tract 1 will be prorated to the date of closing and on Tracts 2-8 will be paid solely by the Purchaser(s). 2021 Cash Rent: Purchaser(s) of Tracts 2-7 will receive a credit at closing for the net amount of the 2021 cash rent payment available per the terms of the 2021 cash rent agreement. Contact Brian for details at 217-242-1665. Possession: 100% full possession will be granted on all tracts upon closing, subject to a Caretaker’s Agreement on Tract 1, and subject to the 2021 farm tenants crop removal on Tracts 2-7. Tracts sell free of any further leases or tenancies. Irrigation motors: The 4 diesel motors serving the irrigation wells on Tracts 4-7 are the property of the current farm tenant and may be purchased by the respective tract purchasers. Contact Brian for details at 217-242-1665. Property and all improvements sell 100% as-is with no guarantees or warranties of any kind. All information, acreage figures, maps, and representations provided are very approximate and are subject to change. Prospective bidders are welcomed and encouraged to fully inspect the property at their convenience, and all related information to their satisfaction, prior to bidding at the auction. Auction day announcements supersede prior information.
Tract 1: 196.56 acres m/l, Lake, Recreation and Hunting Land- 681 Smith Lake Lane Meredosia, IL Tract 1: 196.56 acres m/l, Lake, Recreation and Hunting Land- 681 Smith Lake Lane Meredosia, IL

Tract 1: 196.56 acres m/l, Lake, Recreation and Hunting Land- 681 Smith Lake Lane Meredosia, IL

Lot #1 (Sale Order 1 of 8)

196.56 acres m/l, 681 Smith Lake Lane Meredosia, IL, an excellent recreation property with Smith Lake ownership & access and a modern lake-side 3-bedroom log home “cabin” with a vaulted ceiling, lofted 3rd bedroom, stone fireplace, hardwood flooring, large screened-in porch, full amenities and sells furnished. Dense timber, brush and an approximately 50-acre Illinois River access paradise provide top shelf waterfowl and whitetail deer hunting potential, fishing, boating and much more. Smith Lake further offers secluded development potential with awesome lake-front building sites. A classic red barn/lean-to & shed provide equipment storage. Access to Tract 1 is from Smith Lake Rd. You have to see this once in a lifetime property to believe it!

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Tract 2: 34.59 acres m/l Tillable Farmland Tract 2: 34.59 acres m/l Tillable Farmland

Tract 2: 34.59 acres m/l Tillable Farmland

Lot #2 (Sale Order 2 of 8)

34.59 acres m/l, 32.23 acres tillable m/l- 93% tillable farmland. Dickinson, Ross & Plainfield soils. Lies west of Smith Lake Rd and SE of the Tract 1 log home. The levee from Smith Lake on the west will be maintained by Tract 2 owner. Tract 2 borders Tract 1 to the southeast.

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Tract 3: 75.07 acres m/l Irrigated Tillable Farmland Tract 3: 75.07 acres m/l Irrigated Tillable Farmland

Tract 3: 75.07 acres m/l Irrigated Tillable Farmland

Lot #3 (Sale Order 3 of 8)

75.07 acres m/l, 73.6 cropland acres m/l- 98% tillable, level, Illinois River bottom farmland, electric motor system irrigated with Sparta and Plainfield soils. Cemetery Rd frontage on the south and Old Naples Ln. borders the west side.

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Tract 4: 146.76 acres m/l Irrigated Tillable Farmland Tract 4: 146.76 acres m/l Irrigated Tillable Farmland

Tract 4: 146.76 acres m/l Irrigated Tillable Farmland

Lot #4 (Sale Order 4 of 8)

146.76 acres m/l, 143.54 cropland acres m/l- 98% tillable farmland with Sparta, Hoopeston & Ross soils. Center pivot irrigation unit. Lies east of Smith Lake Rd and is north of the companion farm, Tract 5.

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Tract 5: 182.03 acres m/l Irrigated Tillable Farmland Tract 5: 182.03 acres m/l Irrigated Tillable Farmland

Tract 5: 182.03 acres m/l Irrigated Tillable Farmland

Lot #5 (Sale Order 5 of 8)

182.03 acres m/l, 182.03 cropland acres m/l- Nearly all tillable farm with Sparta, & Dickinson soils. Center pivot irrigation system. Borders Smith Lake Rd on the east and is south of the contiguous Tract 4.

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Tract 6: 80.63 acres m/l Irrigated Tillable Farmland Tract 6: 80.63 acres m/l Irrigated Tillable Farmland

Tract 6: 80.63 acres m/l Irrigated Tillable Farmland

Lot #6 (Sale Order 6 of 8)

80.63 acres m/l, 80.63 cropland acres m/l- Nearly all tillable farmland with Sparta soils. Center pivot irrigation system. Tract 6 is flanked by Bunch Rd on the west and Norfolk Southern Railroad on the east. Lies north of the companion farm, Tract 7.

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Tract 7: 121.86 acres m/l Irrigated Tillable Farmland Tract 7: 121.86 acres m/l Irrigated Tillable Farmland

Tract 7: 121.86 acres m/l Irrigated Tillable Farmland

Lot #7 (Sale Order 7 of 8)

121.86 acres m/l, 121.86 cropland acres m/l- Nearly all tillable farm with Sparta soils. Center pivot irrigation system with a corner system unit. Tract 7 is flanked by Bunch Rd on the west and Norfolk Southern Railroad on the east. Lies south of the contiguous Tract 6.

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Tract 8: Grain Storage / Bin tract Tract 8: Grain Storage / Bin tract

Tract 8: Grain Storage / Bin tract

Lot #8 (Sale Order 8 of 8)

Grain bin tract- 6 grain bins with approximately 63,000 bu total storage on 5.22 acres m/l. 3 modern bins with good floors, heaters, LP tanks and unloaders provide over 50,000 bu storage. Great location & access at the northwest corner of Tract 4 at the corner of Smith Lake Rd and Cemetery Rd.

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