Location and General Information
the lambert Bros. farms are located in the heart of Central illinois, northwest of Princeville (north of Peoria, il). several of the tracts represent some of the most productive farmland in illinois with Productivity indexes in the 130 - 135 range (Class a soils). other tracts offer premier whitetail deer and wild turkey hunting land, combined with tillable acres which offers a considerable amount of income.
PLEASE REVIEW ALL PLATS, AERIALS, SOIL MAPS AND OTHER INFORMATION IN THIS BROCHURE.
Method & Terms
a survey has recently been completed. tracts 1 – 8 will be sold on a price per acre basis, based on the recently surveyed acres. tracts 1 - 8 will be offered through the marketing method of “Buyer’s Choice,” whereas the high bidder can elect (in any order) any or all tracts for their high bid. “Buyer’s Choice” auctioning will continue until tracts 1 - 8 have been sold. tract 9 will be offered last and sold for a “lump sum” total dollar amount. the farm will not be offered in its entirety at the conclusion of the auction or in any combinations. ten percent (10%) of the bid price to be paid on the day of sale, with the balance due at the time of closing. Closing will be within 30 days, on or before friday, october 7, 2016. title insurance will be issued in the full amount of the purchase price. the 2016 real estate taxes will be paid by the sellers, as they are retaining the 2016 cash rent income. Possession will be given at the time of closing, subject only to the current farm tenant's rights for the 2016 crop year. the farm sells free and clear for the 2017 crop year. all announcements made sale day take precedence over prior advertising either written or oral. the information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. all lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. there are no expressed or implied warranties pertaining to this property. real estate is being sold “as is”.
FOR ADDITIONAL INFORMATION REGARDING THE FARM, CONTACT KEVIN HAAS (309) 264-7767 OR ATTEND A PUBLIC SHOWING HEADQUARTERED AT TRACT 9 ON SATURDAY, AUGUST 27 TH • 12:00 NOON - 1:30 P.M.
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