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Auction Information

Ford County, Illinois Land Auction

Wed Nov 03 - 10:00AM


Online Auction, Paxton , IL Click to Map


Sullivan Auctioneers, LLC

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Auctioneer ID#: 43943

Phone: 844-847-2161

License: 444000107

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Wednesday, November 03, 2021 - 10:00 AM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

LOCATION

Ford County, Illinois

Ford County, Illinois

The Robert E. Kenny Trust land is located Northwest of Paxton, IL. Paxton is located approximately 20 miles north of Champaign, IL. Tracts 1 & 2 are further described as being located in Sections 21 & 28, and Tracts 3 & 4 are located in Section 35, all in T24N•R9E, Wall Township, Ford County IL.

SELLER

Robert E. Kenney Trust

MANAGED BY

Kevin Haas (309) 264-7767

Dan Sullivan (319) 795-1833

GENERAL INFORMATION

400 Acres± • 4 Tracts

The farm contains 400 acres±; will be sold in 4 tracts and represents productive, nearly all tillable farmland.

Farmers & investors, be sure to check out the Productive, Nearly all Tillable Farmland!

AUCTION BROCHURE

 DOWNLOAD AUCTION BROCHURE

TRACT INFORMATION

Tract 1 • 160± Taxable Acres

  • FSA records indicate 147.78 NHEL cropland acres
  • Soil Productivity Index: 126.9
  • Soils include Ashkum, Elliott & Brenton
  • The balance of the farm is a drainage ditch which provides excellent tile outlet
  • Access along the west side from N 1400 East Rd and along the south side from E 800 North Rd

Tract 2 • 40± Taxable Acres

  • FSA records indicate 37.72 NHEL cropland acres
  • Soil productivity index: 126.1
  • Soils include Elliott, Ashkum, & Milford
  • Access along the north side from E 800 North Rd

Tract 3 • 80± Acres (Subject to survey)

  • FSA records should indicate approximately 79.0 cropland acres (split field)
  • Soil productivity index: 125.3
  • Soils include Elliott, Swygert. Ashkum & Rutland
  • Access along the west side from N 1600 East Rd

Tract 4 • 120± Acres (Subject to survey)

  • FSA records should indicate approximately 106.07 cropland acres (split field)
  • Soil productivity index: 134.1 (Class A)
  • Soils include Drummer, Proctor & Benton
  • The balance of this tract is a drainage ditch which provides excellent tile outlet
  • Access along the west side from N 1600 East Rd and along the south side from E 600 North Rd

METHOD & TERMS

Tracts 1 & 2 will be sold by the acre & based on the taxable acres, and Tracts 3 & 4 will sell by the acre based on the final surveyed acres. All 4 tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect (in any order) any or all 4 tracts for their high bid. Buyer’s Choice auctioning will continue until all 4 tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the winning bidder(s) 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 December 6, 2021. Seller will retain all of the 2021 crop. Possession will be given at the time of closing or upon harvest of the 2021 growing crop. The seller will pay the 2021 real estate taxes. The seller will provide title insurance in the full amount of the purchase price. Bidding is NOT subject to the following 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 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 made by seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.



Robert E. Kenney Trust

 

Representing Attorney:

Jeffrey E. Schulze

1142 N. Main St.

Algonquin, IL 60102-3482

Phone: (847) 658-1080

 

Auction Managers:

Kevin Haas (309) 264-7767

Dan Sullivan (319) 795-1833

Auction Listings provided by AuctionZip.com. Although the information published herein is from sources deemed reliable, AuctionZip.com expressly disclaims any liability for errors, omissions or changes regarding any information provided for this auction. Potential buyers are urged to verify auction date, time, and content directly through the auctioneer's website or by contacting the auctioneer directly. The terms and conditions of the auction may or may not be published in this listing. ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY INFORMATION FOUND HEREIN.