Illinois Land Auction

Location: 5511 Legion Hall Rd., Dunlap, IL
Auction Venue: Dunlap American Legion Post 1078
5 p.m. Tuesday November 14th, 2017
REAL ESTATE
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169.37 Surveyed Acres Offered in 4 Tracts 

 
Productive Central IL farmland! Recreational land with awesome hunting, along with tillable fields!  (Best of both worlds!) Ideal building sites! All tracts located minutes from Peoria, IL!
 
Location & General Information
Land is located in Sections 15 & 16 of Radnor Township, Peoria County, IL, just west of Dunlap, IL. Dunlap, IL is located northwest of Peoria, IL.
 
Tract Information
TRACT 1 – 80.94 SURVEYED ACRES
  • FSA records indicate there are 72.52 NHEL acres tillable
  • Access on the north from Legion Hall Road and on the east from Duggins Road
TRACT 2 – 25.0 SURVEYED ACRES
  • FSA records indicate there are 5.09 HEL tillable acres
  • The balance of the acres are in mature hardwood trees
  • Several possible building sites. Excellent opportunity to purchase a small tract of land suited for enjoying the outdoors with a small amount of tillable acres that provide income. Access on the north from Legion Hall Road and on the west from Duggins Road
TRACT 3 – 31.01 SURVEYED ACRES
  • FSA records indicate there are 9.82 HEL tillable acres
  • The balance of the acres are in mature hardwood trees
  • Several possible building sites
Excellent opportunity to purchase a small tract of land suited for enjoying the outdoors with a small amount of tillable acres that provide income. Access on the west from Duggins Road.
 
TRACT 4 – 32.42 SURVEYED ACRES
  • FSA records indicate there are 22.43 NHEL tillable acres
  • The balance of the acres are in mature hardwood trees
  • Several possible building sites
Excellent opportunity to purchase a small tract of land suited for enjoying the outdoors with a small amount of tillable acres that provide income. Access on the west from Duggins Road and on the south from Salem School Road.

 

For Maps, Video & Photos, CLICK HERE 

 
Method & Terms
The Bush Trust farm has recently been surveyed and will be sold on a price per acre basis, with the surveyed acres being used to calculate the final settlement price. Tracts 1 – 4 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” of auctioning will continue until all tracts have been sold. The farm will NOT be offered in its entirety at the conclusion of the auction.
Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before Thursday, December 14, 2017. Title insurance in the full amount of the purchase price will be provided by the seller. The 2017 real estate taxes, due and payable in 2018, will be paid by the seller, based upon the latest tax information. The 2018 real estate taxes will be paid by the buyer(s). Possession will be given to the buyer(s) at the time of closing, subject only to the current tenant’s crop lease. The farm sells free and clear for the 2018 crop season. There are no hunting leases associated with the property.
The Seller reserves the right to refuse any and all bids. 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”
 

Eugene W. Bush Trust

JPMorgan Chase Bank, N. A. Trustee

 

Schwartz Family Trust

Betty Lynn Goris, Trustee

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Representing Attorney: Randall W. Segatto
Barber, Segatto, Hoffee, Wilke & Cate, LLP; 831 E Monroe St. • Springfield IL 62701. Phone 217-953-4979

Illinois Land Auction

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