Land Auction – 136.06 Surveyed Acres  – 2 Tracts – Knox County, IL

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Land Auction – 136.06 Surveyed Acres – 2 Tracts – Knox County, IL

Wed, November 20, 2019

Auction Location:

Knox Agri Center, 180 South Soangetaha Road, Galesburg, IL

Sold At Auction:

Tract 1 – $6,200 Per Acre

Tract 2 – $6,200 Per Acre

LAND AUCTION

136.06 SURVEYED ACRES – 2 TRACTS

RIO TOWNSHIP, KNOX COUNTY, IL

AUCTION VENUE: Knox Agri Center, 180 S. Soangetaha Road, Galesburg, IL 61401

WEDNESDAY, NOVEMBER 20, 2019

AT 10 A.M.

The Calderone Family Farm consists of 136.06 surveyed acres, subject to final survey, to be offered in 2 tracts located 7 miles North of Galesburg, IL on Route 150 to Knox Hwy. 35 (Road 2500N-Ontario Blacktop) then 2.5 miles East in the North Half Section 36, Rio Township (T.13N.-R1E.), Knox County, Illinois. The tracts have frontage on Knox Hwy. 35 (2500N) and Interstate 74.

TRACT 1 – 54.12 ACRES

Tract 1 is located on the west side of the I74 overpass along the Ontario Road. The parcel lies level to gently rolling and presently consists of approx. 36.35 tillable acres. The balance of the acreage features timber and a stream. Primary soil types of the cropland are Osco, Rozetta and Ipava silt loams with a PI rating of 127.1

TRACT 2 – 81.94 ACRES

Tract 2 is located on the east side of the I74 overpass along the Ontario Road. The parcel lies level to gently rolling and presently consists of approx. 56.52 tillable acres. The balance of the acreage features small grass waterways, timber and a stream. Primary soil types of the cropland are Osco, Ipava, Hickory and Rozetta silt loams with a PI rating of 123.5.

NOTE: These tracts offer an excellent location and feature productive cropland, timber, pristine hunting, recreation and potential home building sites! We invite your inspection of the property.

SALE PROCEDURE: Tracts 1 and 2 will be offered by bidder’s choice wherein the high bidder in the first session has the privilege of selecting one or both tracts. If one tract is selected the remaining tract will then be sold.

TERMS OF SALE: Ten percent (10%) of the purchase prices to be paid down at time of sale with balance due on or before December 20, 2019. Full possession will be given at closing. Title insurance will be provided. The 2019 real estate taxes payable in 2020 will be paid by the sellers. All statements and representations herein are believed to be correct, however, the sellers and the auctioneers make no warranties or guarantees expressed or implied. Any announcements made on the day of sale will supersede those previously advertised. Van Adkisson Auction Service LLC serves solely as agent for the seller and assumes no liability of any kind with the property being sold. The complete listing with maps and color photos is available online @ www.biddersandbuyers.com, www.vanadkisson.com  and may be obtained by contacting the auction firm, Van Adkisson 309/337-1761 and Jeff Gregory 309/337-5255.

CALDERONE FAMILY FARM

Peter Calderone, Family Representative

Attorney: James D. Blake – The Blake Law Office

250 East Main St. – Suite 303-5, Galesburg, IL 61401 – 309/343-3155

VAN ADKISSON AUCTION LLC

309/426-2000 – www.vanadkisson.com