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MCLEAN COUNTY, ILLINOIS LAND AUCTION WHEATLEY/ADAMS TRANSITIONAL REAL ESTATE
SELLING AS 1 TRACT FOR A LUMP SUM TOTAL DOLLAR AMOUNT TUESDAY, OCTOBER 21, 2025 - 1:00 PM CT
LOCATION & GENERAL INFORMATION
The land is located just south of Bloomington, IL city limits at the corner of Bunn Street & Hamilton Road and is further described as being located in Section 15, T23N-R2E, Bloomington Township, McLean County, Illinois. Transitional farmland ideally situated adjacent to Bloomington, IL city limits that offers unlimited development potential!
SUBJECT
TRACT INFORMATION
• 12.719 surveyed acres (12.69 taxable) • FSA records indicate 12.17 NHEL cropland acres • Productivity Index (PI): 140.4
• Zoned M-2 General Manufacturing • Close to city services • Property Address: 2306 Bunn Street, Bloomington, IL
• Soil types include Ipava and Sable • Currently in agricultural production • Adjacent to Bloomington city limits
• Access along the west side from Bunn Street and along the north side from Hamilton Road
SCAN FOR MORE INFORMATION
AUCTION MANAGER: KEVIN HAAS (309) 264-7767
Representing Attorney: Richard Marvel | Marvel Law PC | 221 East Front Street, Bloomington, IL | (309) 807-2885 SULLIVAN AUCTIONEERS | (844) 847-2161 | LICENSE #444000566 DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
FIRST CLASS U.S. POSTAGE PAID
QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
METHOD & TERMS
The land will be sold for a lump sum total dollar amount. 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, November 21, 2025. The seller will provide title insurance in the full amount of the purchase price and will pay all the 2025 taxes due and payable in 2026 through a credit at closing based on the best available information. Buyer will pay all 2026 taxes and beyond. Open farm lease for the 2026 crop year. 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 pertaining to this property. Real estate is being sold “AS IS”.
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