McDonough County, IL Land Auction - Wolf

McDonough County, IL Land Auction - Wolf

Tuesday, October 20, 2020  |  5:00 PM Central
Auction closed.
McDonough County, IL Land Auction - Wolf

McDonough County, IL Land Auction - Wolf

Tuesday, October 20, 2020  |  5:00 PM Central
Auction closed.
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Description

42.28 Surveyed Acres - 1 Tract

• Choice "Class A" Farmland!
• Unprecedented development potential!
• Full farming rights for 2020!

Land is located at the east edge of Macomb, IL in Section 32, T6N-R2W, Macomb Township, McDonough County, IL.
Catalog Terms of sale
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Method and Terms

Lot # 0 (Sale Order: 1 of 2)      


The Wolf farm will be sold on a price per acre basis, based on 42.28 surveyed acres.
Immediately following the auction, the successful buyer will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before Friday, November 20, 2020. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2020 real estate taxes, due and payable in 2021, will be paid by the sellers. The 2021 real estate taxes will be paid by the new buyer. The farm sells with a tenant for the 2020 crop year only. Possession will be given at the time of closing, subject only to the current tenant for the 2020 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".

CLICK HERE TO VIEW SURVEY PLAT

CLICK HERE TO VIEW SURVEY PLAT - AERIAL OVERLAY

CLICK HERE TO VIEW TITLE COMMITMENT

CLICK HERE TO VIEW PURCHASE AGREEMENT


L.B. Wolf Farm L.P.
"Known locally as the Burnham Farm"
George E. Wolf, Jr. - General Partner

Auction Managers: 
Dan Sullivan (319) 795-1833
Kyle Ferguson (309) 255-8353

Representing Attorney:
Lawrence (Larry) John Kwacala
Flack, McRaven & Stephens
32 West Side Courthouse Square
P.O. Box 359
Macomb, IL 61455
(309) 837-5000

Terrill Title Co., Inc.
117 South Side Square
Macomb, IL 61455
(309) 833-5375
 
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Tract 1 - 42.28 Surveyed Acres

Lot # 1 (Sale Order: 2 of 2)      

Quantity: 42

 
  • Choice "Class A" Farmland!
  • Unprecedented development potential!
  • Full farming rights for 2021!
  • Land is located at the east edge of Macomb, IL in Section 32, T6N - R2W, Macomb Township, McDonough County, IL.
  • This farm is 100% tillable with FSA figures indicating 42.57 acres of NHEL cropland.
  • Class A soils with a productivity index of 142.6.
  • Access is along the entire east side by N. Bower Rd.

The purchase agreement will be adjusted to a quantity of 42.28 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.

 
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$0.00 x 42 = $0.00
Total Bid: USD 0.00

You've been outbid ! to YOU!

This lot was not sold.

Placing your bid. please wait...

Reserve Not Met
$8,000.00 x 42 = $336,000.00 Total
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