Agrashares Sale Bill

VIRTUAL ONLINE

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”.

WWW.SULLIVANAUCTIONEERS.COM

FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301

PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com

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

Page 1 Page 2 Page 3 Page 4

Made with FlippingBook interactive PDF creator