Hanna City, IL 61536 - Peoria County

Tuesday, January 23, 2024 - 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

Peoria County, Illinois

The land is located 1 mile south of Hanna City, IL or 10 miles west of Peoria, IL. The land is further described as being located in Section 14, T8N-R6E, Logan Township, Peoria County, Illinois.

SELLER

Borland Irrevocable Trust

Joyce Easley Trustee

MANAGED BY

Kevin Haas (309) 264-7767

Michael Sullivan (309) 333-0916

GENERAL INFORMATION

80 acres (subject to survey) 1 tract

Farmers & investors, dont miss this opportunity to purchase this well located Class A Peoria county farm!

TRACT INFORMATION

80 acres (subject to survey)

FSA records indicate 82.60 NHEL cropland acres

Productivity Index (PI):141.4 (Class A!)

Soil types include Ipava, Sable, Clarksdale, and Keomah

Access along the north side from W Grafelman Rd

YIELD HISTORY

Year - Corn Beans

2023 - 245 75

2022 - 229 68

REAL ESTATE TAX INFORMATION

PIN 16-14-300-009 - 78.74A - $4300.92

METHOD & TERMS

The Borland farm will be sold on a price per acre basis, based on surveyed 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, February 23, 2024.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Buyer will be responsible for 2024 taxes and beyond. Open lease for 2024 crop year and beyond. Possession at closing.

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, LLC pertaining to this property. Real estate is being sold AS IS.

Borland Irrevocable Trust

Joyce Easley Trustee

Representing Attorney:

Timothy W. Kirk, Shareholder | Heyl, Royster, Voelker & Allen, P.C.

300 Hamilton Boulevard, Peoria, Illinois 61601 | (309) 677-9519

Auction Managers:

Kevin Haas (309) 264-7767

Michael Sullivan (309) 333-0916