VIRTUAL ONLINE
PEORIA COUNTY, ILLINOIS LAND AUCTION GREEN VIEW NURSERY
39.08 TAXABLE ACRES± • SELLING IN 1 TRACT FRIDAY, OCTOBER 11, 2024 - 10:00 AM CT
LOCATION & GENERAL INFORMATION The Green View Nursery farm is located approx. 2.6 miles southeast of Dunlap, IL along Cedar Hills Dr. (hard surface) and is further described as being located in Section 18, T10N-R8E, Medina Township, Peoria County, Illinois. The farm represents Class A, productive, tillable farmland. A great opportunity for farmers and investors.
TRACT INFORMATION - 39.08 TAXABLE ACRES±
• FSA figures indicate 36.77 acres of NHEL cropland. Of those cropland acres FSA shows 7.54 acres currently planted to trees. • Seller will retain possession of the acres planted to trees and will have until May 15, 2025 to remove them.
• Productivity Index (PI): 135.5 (Class A) • Soil types include Osco, Catlin, Ipava • Access is along the south side by W Cedar Hills Dr and N Allen Rd
SCAN FOR MORE INFORMATION
AUCTION MANAGER: ISAAC TABER (309) 335-8081
Representing Attorney: Elias, Meginnes & Seghetti, P.C | 416 Main Street, Suite 1400, Peoria, Illinois 61602 | (309) 637-6000 DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
FIRST CLASS U.S. POSTAGE PAID
QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
METHOD & TERMS
The Green View Nursery Farm will be sold on a price per acre basis, based on taxable 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 Monday, November 11th, 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 in 2024 before closing. The seller is keeping all the 2024 cash rent income and will pay all of 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. Open lease for 2025 crop year and beyond. The seller will retain possession of the acres planted to trees and will have until May 15, 2025 to remove them. Contact sales representative for additional details. 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”.
Page 1 Page 2Made with FlippingBook Digital Publishing Software