L.B. Wolf Farm L.P. Auction

Real Estate

Location: Virtual, Online Only, IL

5 p.m. Tuesday, October 20th, 2020
For this auction's sale bill, catalog or poster, CLICK HERECLICK HERE to bid now online

This listing posted on 9-30-2020, for more photos and updates CLICK HERE.

• Choice “Class A” Farmland!
• Unprecedented Development Potential!
• Full Farming Rights for 2021!
 

LOCATION & GENERAL INFORMATION

  • Land is located at the east edge of Macomb, IL in Section 32, T6N • R2W, Macomb Township, McDonough County, IL.
  • This farm is 100% tillable with FSA figures indicating 42.57 acres of NHEL cropland.
  • Class A soils with a productivity index of 142.6.
  • Access is along the entire east side by N. Bower Rd.
     

METHOD & TERMS

  • The Wolf farm will be sold on a price per acre basis, based on 42.28 surveyed acres.
  • Immediately following the auction, the successful buyer 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 Friday, November 20, 2020. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2020 real estate taxes, due and payable in 2021, will be paid by the sellers. The 2021 real estate taxes will be paid by the new buyer. The farm sells with a tenant for the 2020 crop year only. Possession will be given at the time of closing, subject only to the current tenant for the 2020 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”.


L.B. Wolf Farm L.P.
“Known locally as the Burnham Farm”

George E. Wolf, Jr. – General Partner

 

 

Representing Attorney: Lawrence (Larry) John Kwacala, Flack, McRaven & Stephens, 32 West Side Courthouse Square, P.O. Box 359, Macomb, IL 61455; (309) 837-5000

 

Terrill Title Co., Inc., 117 South Side Square, Macomb, IL 61455; (309) 833-5375

L.B. Wolf Farm L.P. Auction

For more information, call:
Auction Managers: Dan Sullivan (319) 795-1833 & Kyle Ferguson (309) 255-8353

Also Visit: Auctioneer's Website
Questions about this auction? Phone 217.847.2160 or email our office at [email protected].

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Sullivan Auctioneers, LLC

[email protected]

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