VIRTUAL ONLINE
MCLEAN COUNTY, ILLINOIS LAND AUCTION THURSDAY, NOVEMBER 9, 2023 AT 10:00 AM CT 252 ACRES± (SUBJECT TO SURVEY) • SELLING IN 5 TRACTS
WILLIAM L. CARMICHAEL ESTATE SUZIE SOULE - EXECUTOR Representing Attorney: Richard Marvel | Marvel Law PC 221 East Front Street, Bloomington, IL | (309) 807-2885
AUCTION MANAGER:
KEVIN HAAS (309) 264-7767
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION 252 ACRES± (SUBJECT TO SURVEY) • 5 TRACTS MCLEAN COUNTY, IL LAND AUCTION
The William L. Carmichael Estate farm is generally located 3 miles SE of Lexington, IL or 14 miles NE of Bloomington, IL. The farm is further described as being located in Sections 22, 28 & 29, T25N-R4E, Lexington Township, McLean County, Illinois. The real estate contains a total of 252 acres (subject to survey) and will be sold in 5 tracts. Farmers, investors, and homebuilders don’t miss this opportunity in McLean County.
TRACT 1
TRACT 2
TRACT 3
TRACT 4
TRACT 5
252 ACRES± (SUBJECT TO SURVEY) • 5 TRACTS MCLEAN COUNTY, IL LAND AUCTION
TRACT INFORMATION
TRACT 1 81 ACRES ± (SUBJECT TO SURVEY) • FSA figures indicate 81.19 NHEL cropland acres • Productivity Index (PI): 136.8 – high quality Class A farm! • Soil types include Drummer, Lisbon, Wyanet, Saybrook, Mayville, and Flanagan • Access along the north side from E2200 N Rd TRACT 2 57 ACRES ± (SUBJECT TO SURVEY) • FSA figures indicate 44.76 NHEL cropland acres • Productivity Index (PI): 120.5 • Soil types include Mayville, Drummer, Elpaso, Camden, Sawmill, Miami, Hennepin, Elburn, Flanagan, and Saybrook • No CRP acres associated with this tract • The balance of this tract is grassland and mature timber with excellent hunting and outdoor recreational opportunities, as well as several excellent building sites • Access along the north side from E2200 N Rd TRACT 3 57 ACRES ± (SUBJECT TO SURVEY) • FSA figures indicate 47.55 NHEL cropland acres • Productivity Index (PI): 114.6 • Soil types include Strawn, Mayville, Sawmill, Sabina, Lawson, Camden, Fox, Miami, Drummer, Elpaso, Ross, and Hennepin • No CRP acres associated with this tract • The balance of this tract is grassland and mature timber with excellent hunting and outdoor recreational opportunities, as well as several excellent building sites • Access along the north side from E2200 N Rd and along the east side from Leroy-Lexington blacktop (N2600 E Rd) TRACT 4 30 ACRES ± (SUBJECT TO SURVEY) • FSA map figures indicate 29.53 NHEL cropland acres • Productivity Index (PI): 108.7 • Soil types include Mayville, Fox, Strawn, Sabina, Drummer, Elpaso, and Camden • Access along the north side from E2200 N Rd and along the west side from Leroy-Lexington blacktop (N2600 E Rd) TRACT 5 27 ACRES ± (SUBJECT TO SURVEY) • FSA map figures indicate 26.34 NHEL cropland acres • Productivity Index (PI): 134.4 • Soil types include Drummer, Elpaso, Saybrook, Sabina, and Flanagan • Excellent deer hunting possible along the west tree line • Access along the east side from CR 2200 N
TRACT 1
TRACT 2
TRACT 3
TRACT 4
TRACT 2
TRACT 1
120.5
136.8
TRACT 3
TRACT 4
108.7
114.6
TRACT 5
TRACT 5
134.4
252 ACRES± (SUBJECT TO SURVEY) • 5 TRACTS MCLEAN COUNTY, IL LAND AUCTION
METHOD & TERMS
The William L. Carmichael Estate farm will be sold on a price per acre basis, based on surveyed acres. All 5 tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any of the tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction. 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, December 8, 2023. The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2023 income and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing. 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”.
ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com If you need assistance with bidding, please contact our office at (844) 847-2161
TRACT 1
TRACT 1
TRACT 2
TRACT 3
TRACT 3
TRACT 4
TRACT 4
TRACT 5
TRACT 5
DRONE FOOTAGE AVAILABLE ON OUR WEBSITE
No Internet Buyer fees!
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
252 ACRES± (SUBJECT TO SURVEY)
VIRTUAL ONLINE | MCLEAN COUNTY, ILLINOIS LAND AUCTION THURSDAY, NOVEMBER 9, 2023 AT 10:00 AM CT
SELLING AS 5 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 WILLIAM L. CARMICHAEL ESTATE SUZIE SOULE - EXECUTOR
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