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WILL COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 23, 2022 AT 1:00 PM CDT
105.979 SURVEYED ACRES • SELLING IN 2 TRACTS
PRODUCTIVE TILLABLE CROPLAND
COMMERCIAL RESIDENTIAL DEVELOPMENT
AGRASHARES FUND, LLC Representing Attorney: Jason A Doran | Momkus, LLP 1001 Warrenville Rd., Suite 500, Lisle, IL 60532 | (630) 434-0400 Auction Managers: Rodney Borrowman: (630) 247-0667 John Borrowman: (217) 430-0645
RODNEY BORROWMAN
JOHN BORROWMAN
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION
105.979 SURVEYED ACRES • 2 TRACTS Tract 1 of the Agrashares Fund, LLC property is located approximately 3 miles south of Shorewood, IL, or 11 miles southwest of Joliet, IL, and conveniently located at the southwest corner of I55/I80 exit. The farm is further described as being located in Section 28, T35N-R9E, Troy Township, Will County, IL. Tract 2 is located on the east edge of Beecher, IL, or approximately 14 miles south of Chicago Heights, IL. and is further described as being located in Section 15, T33N-R14E, Washington Township, Will County, IL. BOTH TRACTS REPRESENT PRODUCTIVE, TILLABLE FARMLAND WHICH SELL FREE & CLEAR FOR THE 2023 CROP YEAR!
TRACT 1
TRACT INFORMATION
TRACT 1 • 46.639 SURVEYED ACRES • FSA maps indicate 41.73 NHEL cropland acres • Productivity Index (PI): 106.9 • Soil types include Blount and Ashkum • Zoned R-4, home development potential • Access along the east side by I55 Frontage Road. TRACT 2 • 59.350 SURVEYED ACRES • FSA maps indicate 14.20 NHEL and 41.73 UHEL cropland acres • Productivity Index (PI): 124.4 • Soil types include Pella and Markham • Excellent tillable farm with development potential • Access along the east side from South Cottage Grove Road.
TRACT 2
Soils Map
TRACT 2
Soils Map
TRACT 1
State:
Illinois Will
County: 15-33N-14E Location: Township: Washington Acres: 54.63 Date: 9/21/2022
State:
Illinois Will
County: 28-35N-9E Location: Township: Troy Acres: 40.58 Date: 9/21/2022
Soils data provided by USDA and NRCS. Area Symbol: IL197, Soil Area Version: 16 Code Soil Description
Crop productivity index for optimum management
Acres Percent of field
Corn Bu/A
Soybeans Bu/A
Wheat Bu/A
Sorghum c Bu/A
Alfalfa d hay, T/A
Grass legu me e hay, T/A
Subsoil rooting a
Oats Bu/A b
153A Pella silty clay loam, 0 to 2 percent slopes **531C2 Markham silt loam, 4 to 6 percent slopes, eroded **530D3 Ozaukee silty clay **298B Beecher silt loam, 2 to 4 percent slopes 103A Houghton muck, 0 to 2 percent slopes 232A Ashkum silty clay loam, 0 to 2 percent slopes **530D2 Ozaukee silt loam, 6 to 12 percent slopes, eroded loam, 6 to 12 percent slopes, severely eroded
31.91 58.4% FAV 183
60
70 92
0 0.00
5.27
136
13.73 25.1% FAV **147
**48 **58 **75
0 **3.93
0.00
**108
Soils data provided by USDA and NRCS. Area Symbol: IL197, Soil Area Version: 16 Code Soil Description
3.93
7.2% FAV **129
**40 **52 **69
0 **3.23
0.00
**94
Crop productivity index for optimum management
Acres Percent of field
Corn Bu/A
Soybeans Bu/A
Wheat Bu/A
Sorghum c Bu/A
Alfalfa d hay, T/A
Grass legu me e hay, T/A
Subsoil rooting a
Oats Bu/A b
2.10
3.8% FAV **150
**50 **60 **78
0 0.00
**4.59
**113
**23B Blount silt loam, Lake Michigan Lobe, 2 to 4 percent slopes 232A Ashkum silty clay loam, 0 to 2 percent slopes **530D2 Ozaukee silt loam, 6 to 12 percent slopes, eroded
35.31 87.0% FAV **138
**47 **57 **64
0
0.00
**4.35
**104
1.56
2.9% FAV 175
57
0
0
0 0.00
0.00
130
5.10 12.6% FAV 170
56
65 85
0
0.00
5.14
127
0.76
1.4% FAV 170
56
65 85
0 0.00
5.14
127
0.17
0.4% FAV **140
**44 **56 **74
0 **3.50
0.00
**101
0.64
1.2% FAV **140
**44 **56 **74
0 **3.50
0.00
**101
106.9
124.4
Weighted Average 142 106.9 Table: Optimum Crop Productivity Ratings for Illinois Soil by K.R. Olson and J.M. Lang, Office of Research, ACES, University of Illinois at Champaign-Urbana. Version: 1/2/2012 Amended Table S2 B811 Crop yields and productivity indices for optimum management (B811) are maintained at the following NRES web site: http://soilproductivity.nres.illinois.edu/ ** Indexes adjusted for slope and erosion according to Bulletin 811 Table S3 a UNF = unfavorable; FAV = favorable 48.1 58 66.7 * 0.01 4.43
Weighted Average 167.9 124.4 Table: Optimum Crop Productivity Ratings for Illinois Soil by K.R. Olson and J.M. Lang, Office of Research, ACES, University of Illinois at Champaign-Urbana. Version: 1/2/2012 Amended Table S2 B811 Crop yields and productivity indices for optimum management (B811) are maintained at the following NRES web site: http://soilproductivity.nres.illinois.edu/ ** Indexes adjusted for slope and erosion according to Bulletin 811 Table S3 a UNF = unfavorable; FAV = favorable 54.8 63.1 82.6 * 1.26 3.33
TRACT 1
TRACT 2
TRACT 1
TRACT 1
TRACT 1
TRACT 2
TRACT 2
TRACT 2
PRODUCTIVE & TILLABLE FARMLAND
METHOD & TERMS
The Agrashares Fund, LLC farm will be sold in numerical order based on surveyed acres. Each sale will be final. The farm will NOT be offered in its entirety or in any combinations. Bidding is NOT contingent upon financing, an appraisal or inspection. Ten (10%) percent of the bid price to be due on the day of sale with the balance due at closing, on or before Thursday, January 12, 2023 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. Full possession will be given at the time of closing, subject to the current lease with a tenant. Both tracts sell free and clear for the 2023 crop year. All announcements sale day shall take precedence over any 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 the property. This real estate is being sold “as is”.
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WILL COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 23, 2022 AT 1:00 PM CDT
105.979 SURVEYED ACRES • SELLING IN 2 TRACTS
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 AGRASHARES FUND, LLC
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