Delavan, IL 61734 - Tazewell County

TAZEWELL COUNTY, IL LAND AUCTION - ARMSTRONG

Monday, December 9, 2024 - 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

Tazewell County, Illinois

The farm is located 2 miles east of Delevan, 17 miles north of Lincoln, or 17 miles south of Morton, IL. It is further described as being located in Section 1, T22N-R4W, Delavan Township, Tazewell County, Illinois.

SELLER

Land known locally as the "Armstrong Trust Farm"

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

77.39 taxable acres 1 tract

Ideally located investment grade farm with almost all Class A Soils!

TRACT INFORMATION

77.39 taxable acres

FSA records indicate 76.46 NHEL cropland acres

Productivity Index (PI): 137.8

Soil types include Osco, Ipava, and Sable

Class A soils!

Access along the south side from St Rt 122 and along the west side from 2200E Rd (Fisher Rd)

REAL ESTATE TAX INFORMATION

PIN 21-21-01-300-004 - 77.39A - $4077.94

METHOD & TERMS

The farm will be sold on a price per acre basis, based on taxable acres.

Immediately following the auction, the successful buyer 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 Friday, January 24, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 real estate taxes, due and payable in 2025, through a credit at closing. Buyer will pay all the 2025 taxes and beyond. Possession at closing. Open lease for 2025 crop year.

Bidding is NOT subject to any 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 our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, 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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.

Land known locally as the "Armstrong Trust Farm"

Representing Attorney:

Steven B. Morgan, Attorney at Law | Perbix and Morgan

115 South Orange Street, Havana, Illinois 62644 | (309) 543-3354

Auction Manager:

Kevin Haas (309) 264-7767