WARREN COUNTY, ILLINOIS LAND AUCTION
Monday, November 7, 2016 at 10:00 A.M.
Sale to be held at the Roseville, Illinois Community Center, 265 West Penn Ave., Roseville, Illinois
LOCATION & GENERAL INFORMATION
Selling 55 acres± of highly productive Warren County, Illinois farmland (all NHEL). Land to be sold in 1 tract. The farm is generally located approximately 21⁄2 miles west of Roseville, Illinois and west of the Hwy 67 four lane. Roseville, Illinois is located in Western Illinois between Macomb, Illinois and Galesburg, Illinois. From Roseville, Illinois, exit Hwy 67 and go west approximately 11⁄4 miles on Hwy 116. Then north 1 mile on Cty Rd 40th St, then west 1⁄2 mile on 80th Ave to the farm. The farm is further described as being located in part of the North Half of the Northwest Quarter of Section 27 in Ellison Township, Warren County, Illinois. Check out the aerial video of this top producing Western Illinois farm that has been in the Oneal family for generations. The Corn Productivity Index (PI) reflects an impressive 142.6 with Sable, Muscatine & Osco soils (100%)!
Highly productive Western Illinois farm! FSA figures indicate approximately 51.89 acres currently in row crop production (all NHEL) with an additional 2.9 acres of waterways currently in CRP. The CRP acres are enrolled in 2 separate contracts. Both contracts will expire on 9-30-2025. The rental rates per acre are $325.20 & $346.16. The total of the 2 annual CRP payments is $987.00. Top producing Class A soils include Sable, Muscatine & Osco (100%). The Corn Productivity Index (PI) reflects an impressive 142.6! Access is by 80th Ave along the entire north side.
METHOD & TERMS
The Oneal Family Farm will be sold in one tract and on a price per acre basis, based on the above indicated tax acres.
Ten percent (10%) of the final bid price will be paid on the day of sale with the balance due at the time of closing. The closing will take place in approximately 60 days, on or about Monday, January 9, 2017. Immediately following the auction the successful buyer shall enter into a written agreement with the seller. The 2016 Real Estate Taxes, which are due and payable in 2017, will be paid in full by the seller. Title insurance in the full amount of the purchase price will be provided by the seller. Possession will be given at the time of closing subject only to the remainder of the 2016 farm tenancy. Farm sells with full farming rights for the 2017 crop year.
All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the
information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold as is.
Farm known for generations as the Oneal Family Farm
John Oneal Family Sellers
Whitman and Baber
203 East Broadway,
Monmouth, IL 61462
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