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Auction Information

Stark & Henry County, Illinois Land Auction

Thu Nov 04 - 01:00PM


Online Auction, Wyoming, IL Click to Map


Sullivan Auctioneers, LLC

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Auctioneer ID#: 43943

Phone: 844-847-2161

License: 444000107

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Thursday, November 04, 2021 - 1:00 PM 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

Stark & Henry County, Illinois

506.6± Acres (subject to survey) • 7 Tracts


SELLER

Dr. Josef Unhold Trust, Et. Al.

Gerald Unhold • Erika Unhold • Ernie Unhold

Co-Trustees

 

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

Tracts 1 – 4 are located at the southwest edge of Wyoming, IL (Wyoming is located approximately 9 miles north of Princeville, IL) and are further described as being located in the North Half of Sections 2 & 3, T12N-R6E, Essex Township, Stark County, IL. Tracts 5 – 7 are located approximately 3 miles south of Kewanee, IL and are further described as being located in Section 29, T14N-R5E, Wethersfield Township, Henry County, IL.

Farmers, investors and developers, the Unhold land contains 506 acres (subject to survey) and represents productive farmland which is ideally located and offers many possibilities!


TRACT INFORMATION

Tract 1 - 45 Acres± (Subject to survey)

  • FSA records indicate 44.54 NHEL cropland acres
  • Soil Productivity Index: 139.1 (Class A)
  • Soil types include Ipava & Osco
  • This tract lies adjacent to the City of Wyoming IL and offers development potential
  • Tract is in Wyoming city limits & is in a TIF District
  • Access along the west side from 1050 East Rd

Tract 2 - 53 Acres± (Subject to survey)

  • FSA records indicate 37.02 HEL cropland acres
  • Soil Productivity Index: 132.9 • Soil types include Greenbush, Ipava & Osco
  • The balance of this tract is mature timber with a meandering creek
  • Several building sites
  • Tract is in Wyoming city limits & is in a TIF District
  • Note: There is a small section in the southwest corner of this tract that is not within the Wyoming city limits & TIF District.
  • Access along the east side from 1050 East Rd

Tract 3 - 38 Acres± (Subject to survey)

  • FSA records indicate 33.3 cropland acres
  • Soil Productivity Index: 133.4 (Class A)
  • Soil types include Osco, Elkhart & Ipava
  • Offers development potential
  • Tract is in Wyoming city limits & is in a TIF District
  • Access along the east side from 1050 East Rd

Tract 4 - 18 Acres± (Subject to survey)

  • FSA records indicate 15.09 cropland acres
  • Soil Productivity Index: 115.0
  • Soil types include Fayette, Rozetta & Radford
  • Offers development potential
  • Tract is in Wyoming city limits & is in a TIF District
  • Access along the north side from State Rt 17

Tract 5 - 130 Acres± (Subject to survey)

  • FSA records indicate 119.53 HEL cropland acres
  • Soil Productivity Index: 121.5
  • Soils include Osco, Hickory & Buckhart
  • Improved with farm pond
  • (3) grain bins with a 41,000 bu total capacity
  • Access along the west side from E 2450th St.

Tract 6 - 81 Acres± (Subject to survey)

  • FSA records indicate 74.98 HEL cropland acres
  • Soil Productivity Index: 106.8
  • Soils include Greenbush, Hickory & Buckhart
  • The balance of this tract is a waterway & wooded creek
  • Access along the west side from E 2450th St

Tract 7 - 140 Acres± (Subject to survey)

  • FSA records indicate 128.92 cropland acres
  • Soil Productivity Index: 116.6
  • Soils include Elco, Greenbush, Sawmill & Radford
  • The balance of this tract is a creek and waterways
  • Access along the North side from N 200th Ave

METHOD AND TERMS

All 7 tracts will be surveyed and sold on a price per acre basis, based on the final surveyed acres.

Tracts 1 - 4 will be offered through the marketing method of “Buyer’s Choice,” whereas the high bidder can elect (in any order) any or all of Tracts 1 - 4. Buyer’s Choice will continue until all 4 tracts have been selected.

Tracts 5 - 7 will be offered through the marketing method of “Buyer’s Choice,” whereas the high bidder can elect (in any order) any or all of Tracts 5 - 7. Buyer’s Choice will continue until all 3 tracts have been selected.

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 the time of closing, on or before December 6, 2021. Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal or inspection. Possession will be given at the time of closing, subject to the current crop tenancy for the 2021 crop year. Once the 2021 crop is harvested and after closing, the new buyer will have all rights to the property. All tracts sell with full farming rights for the 2022 planting season. Title insurance in the full amount of the purchase price will be provided by the seller. The 2021 real estate taxes, due and payable in 2022, will be paid by the seller, with the 2022 and all subsequent real estate taxes to be paid by the buyers.

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 the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.



Dr. Josef Unhold Trust, ET. AL.

Gerald Unhold • Erika Unhold • Ernie Unhold

Co-Trustees

 

Representing Attorney:

Marci M. Shoff

Hasselberg, Rock, Bell & Kuppler LLP

4600 N. Brandywine Drive

Peoria, IL 61614

(309) 688-9400

 

Auction Manager:

Kevin Haas

(309) 264-7767

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