VIRTUAL ONLINE
MCLEAN COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, DECEMBER 18, 2024 AT 1:00 PM CT
64.34 SURVEYED ACRES • SELLING IN 2 TRACTS
CHARLES R. FRANK TRUST STATE BANK OF GRAYMONT, TRUSTEE Representing Attorney: Tom Jennings | Livingston, Barger, Brandt, & Schroeder, LLP 115 W. Jefferson St., Suite 400 Bloomington, IL 61701 | (309) 828-5281
AUCTION MANAGER:
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
The Frank farm is conveniently located just a mile east of Bloomington, IL along Rt 9. It is further described as being located in Section 33, T24N-R3E, Towanda Township, McLean County, Illinois. Farmers & investors don’t miss this opportunity to purchase 2 small, well-located farms with Class A soils that lie just east of Bloomington, IL! LOCATION & GENERAL INFORMATION
TRACT INFORMATION
TRACT 1 – 35.18 SURVEYED ACRES • FSA records indicate 33.99 NHEL cropland acres • Productivity Index (PI): 135.7 • Soil types include Sable, Catlin, Ipava, Saybrook and Elkhart • Class A soils! • Access along the south side from IL Rt 9 • TRACT 2 – 29.16 SURVEYED ACRES • FSA records indicate 29.27 NHEL cropland acres • Productivity Index (PI): 137.1 • Soil types include Catlin, Ipava and Sable • Class A soils! • Access along the south side from IL Rt 9
TRACT 1
TRACT 1
TRACT 2
137.1
135.7
METHOD & TERMS
The Frank farm will be sold on a price per acre basis, based on surveyed acres. Both 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 will be offered. 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, January 19, 2025. The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 taxes due and payable in 2025 through a credit a closing. Buyer will pay 2025 taxes and all subsequent year taxes. Open lease for 2025 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, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.
ADDITIONAL INFORMATION, SOIL MAPS, 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
64.34 SURVEYED
VIRTUAL ONLINE | MCLEAN COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, DECEMBER 18, 2024 AT 1:00 PM CT
ACRES SELLING IN 2 TRACTS
CHARLES R. FRANK TRUST STATE BANK OF GRAYMONT, TRUSTEE
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
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