* This Lot is for informational purposes only *

 

The Graham farms features highly productive Class A farmland!



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SALE PROCEDURE: Tracts 1, 2 and 3 will be offered by Bidder's Choice and Privilege whereby the high bidder in the first auction session shall have the privilege to select any individual tract, any combination of tracts or all three tracts. In the event that less than all of the tracts are selected in the first session, the remaining tracts will be offered by the same method until all three tracts are sold.
 

TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before 30 days from the date of sale. Buyers will receive possession for the 2024 crop year at the closing.  Title insurance will be provided. The 2023 real estate taxes payable in 2024 will be paid by the seller. The farm is selling with no contingencies. 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.


AUCTION NOTE: The tracts are all located within the Camp Creek Wind Farm Project and are receiving an annual payment. This is an excellent offering of Class A farmland that has been owned by the same family for several generations. The auction offers a great opportunity to farm operators and investors interested in acquiring top quality Western Illinois cropland!


SELLER: HARRY AND EVA GRAHAM TRUST 1
Ellen Dowdall and John Graham, Co-Trustees
 

Attorney:  John D. McMillan | McMillan, Hennenfent & DeJoode P.C.
402 E. Jackson St. | Macomb, IL 61455 | Ph. 309/837-2904
 

AUCTIONEERS: Van Adkisson (309)337-1761 & Jeff Gregory (309)337-5255


INTERNET BIDDING: Heather Gregory (309)337-2217


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Tract 1 is located in the East Half of the Southeast Quarter of Section 32, New Salem Township, McDonough County, IL with frontage on N600 Road and E2000 Street. The parcel lies level and is all tillable with the exception of a small building site that could easily be converted to cropland. Predominant soil type is Sable silt loam with a PI rating of 143.

* The purchase agreement will be adjusted to 79.44 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.

Tract 2 is located east of Tract 1 in the Southwest Quarter of Section 33, New Salem Township, McDonough County, IL with frontage on N600 Road and E2000 Street. The parcel lies level to undulating and is all tillable with the exception of a small grass waterway partially shared with Tract 3. Primary soil types are Sable, Ipava and Osco silt loams with a PI rating of 142.5.

* The purchase agreement will be adjusted to 118.98 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.

Tract 3 is located contiguous to Tract 2 in the Southwest and Southeast Quarters of Section 33, New Salem Township, McDonough County, IL with frontage on N600 Road. The parcel lies level to undulating and is all tillable with the exception of a grass waterway partially shared with Tract 2. Primary soil types are Sable, Ipava and Osco silt loams with a PI rating of 141.9. There is a well and windmill located on the parcel.

* The purchase agreement will be adjusted to 58.51 acres times the per acre bid price to determine the final purchase amount. The bidding platform rounds the quantity value.