VIRTUAL ONLINE
DEWITT COUNTY, ILLINOIS LAND AUCTION TUESDAY, OCTOBER 29, 2024 AT 10:00 AM CT 319.81 TOTAL ACRES± • SELLING IN 4 TRACTS
TRACT 1
TRACT 1
TRACT 2
TRACT 2
TRACT 2
TRACT 3
TRACT 3
TRACT 4
TRACT 4
AUCTION MANAGERS:
CANTRELL TRUST Representing Attorney: Law Office of Todd E. Bugg 2205 E. Empire Street, Suite K, Bloomington, IL 61704 | (309) 386-1884
KEVIN HAAS (309) 264-7767
SCAN FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING!
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY WWW.SULLIVANAUCTIONEERS.COM | (844) 847-2161 | LICENSE #444000107
Tracts 1-3 are located 4 miles west of Farmer City, IL or 20 miles southeast of Bloomington, IL. Tract 4 is located 3 miles southwest of Farmer City, IL or 25 miles southeast of Bloomington, IL. The land is further described as being located in Section 34, T21N-R4E, Rutledge Township, and Section 7, T20N-R5E, Santa Anna Township, DeWitt County, Illinois. Farmers & investors, the Cantrell Trust farms offer the best DeWitt County has to offer. Investment grade class A soils, excellent location with tremendous eye appeal. Don’t miss this opportunity! LOCATION & GENERAL INFORMATION
METHOD & TERMS
The Cantrell Trust farms will be sold on a price per acre basis, based on surveyed acres for Tracts 1-3 and based on taxable acres for Tract 4. All 4 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 6, 2024. The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2024 crop income and will pay all the 2024 real estate taxes, due and payable in 2025, through a credit at closing. Possession at closing subject to an existing lease for the 2024 crop year only. Open lease for 2025 crop year and beyond. 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”.
TRACT INFORMATION
TRACT 1 – 77.81 SURVEYED ACRES • FSA records indicate approximately 76.5 NHEL cropland acres (split field) • Productivity Index (PI): 139.9 (Class A soils!) • Soil types include Sable, Ipava, Catlin, Harpster, and Hartsburg • Access along the west side from N2100E Rd (Leroy Rd) and along the east side from N2150E Rd TRACT 2 – 81.01 SURVEYED ACRES • FSA records indicate approximately 79.5 NHEL cropland acres (split field) • Productivity Index (PI): 141.2 (Class A soils!) • Soil types include Ipava, Sable, and Catlin • Additional income from 2 actively producing oil wells • Access along the west side from N2100E Rd (Leroy Rd) and along the east side from N2150E Rd
TRACT 3 – 81.0 SURVEYED ACRES • FSA records indicate 80.74 NHEL cropland acres
• Productivity Index (PI): 140.3 (Class A soils!)
• Soil types include Ipava, Sable, Catlin, and Dana
• Access along the west side from N2100E Rd (Leroy
Rd) and along the east side from N2150E Rd
TRACT 4 – 79.99 TAXABLE ACRES • FSA records indicate 79.0 NHEL cropland acres
• Productivity Index (PI): 141.2 (Class A soils!)
• Soil types include Sable, Ipava, and Catlin
• Access along the west side from 2450E Rd (Coyote Rd)
ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. IF YOU NEED ASSISTANCE WITH BIDDING, PLEASE CONTACT OUR OFFICE AT (844) 847-2161
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
319.81 TOTAL ACRES± SELLING IN 4 TRACTS
VIRTUAL ONLINE | DEWITT COUNTY, ILLINOIS LAND AUCTION TUESDAY, OCTOBER 29, 2024 AT 10:00 AM CT
CANTRELL TRUST
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
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