Land Auction – 301.19 Surveyed Acres – 4 Tracts, Warren County, IL

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Land Auction – 301.19 Surveyed Acres – 4 Tracts, Warren County, IL

Fri, December 2, 2016

Auction Location:

Monmouth American Legion, Route 34 & North 11th Street, Monmouth, IL

SOLD AT AUCTION:

Tract 1:  $10,600 Per Acre

Tract 2:  $11,550 Per Acre

Tract 3:  $11,250 Per Acre

Tract 4:  $8,900 Per Acre

LAND AUCTION

301.19 SURVEYED ACRES – 4 TRACTS

WARREN COUNTY, ILLINOIS

AUCTION LOCATION: Monmouth American Legion, Route 34 & North 11TH Street, Monmouth, IL 61462

FRIDAY, DECEMBER 2, 2016

AT 10 A.M.

* HIGHLY PRODUCTIVE CROPLAND – 141.7 AVE. PI*

*GRAIN STORAGE – MACHINE SHED*

FARM LOCATION: The Sampson Farm is located 2 miles South of Galesburg, IL on Route 41 to the Munson Road (1300N) then 3 miles West or 1 mile North of Cameron, IL on County Hwy. 15 (140th St.) to 190th Ave. then 3 miles East in Sections 25 & 36, Coldbrook Township (T.11N.-R.1W.), Warren County, Illinois.

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TRACT 1- 11.27 ACRES

Tract 1 is located on the north side of 190th Ave. in the South Half of the Southwest Quarter of Section 25, Coldbrook Township, Warren County, IL. The parcel lies level, is all tillable and consists of highly productive Class A Sable and Ipava silt loam soils. PI – 142.7.

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TRACT 2 – 85.27 ACRES

Tract 2 has frontage on 190th Ave. and 170th St. in the West Half of Section 36, Coldbrook Township, Warren County, IL. The parcel lies level to undulating and is all tillable with the exception of the building site and a small grass waterway. Primary soil types are highly productive Class A Ipava, Osco and Sable silt loams: PI – 140.6.  Improvements consist of a Wick 50’x100’ machine shed and 5 grain bins with a total capacity of approximately 85,000 bushels. The grain facility includes: 1-28,000 bushel +/- bin with fan and aeriated floor; 2 – 20,000 bushel +/- storage bins; 1 – 10,000 bushel +/- bin with dryer and aeriated floor; and 1 – 7,000 bushel +/- storage bin.

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TRACT 3 – 85.27 ACRES

Tract 3 is located along 190th Ave. directly east of Tract 2 in the West Half of Section 36, Coldbrook Township, Warren County, IL. The parcel lies level to undulating and is all tillable with the exception of a small grass waterway. Primary soil types are highly productive Class A Ipava, Sable and Osco silt loams: PI – 141.4.

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TRACT 4 – 119.38 ACRES

Tract 4 has frontage on 170th St. and is located south of the AMTK Railroad right-of-way in the Southwest Quarter of Section 36, Coldbrook Township, Warren County, IL. The parcel lies level, is all tillable and consists of highly productive Class A Sable and Ipava silt loam soils. PI – 142.5.

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NOTE: This is an outstanding offering of highly productive Western Illinois farmland! The tracts are well located close to grain markets and would make an excellent addition to any farming operation or investment portfolio. We invite your inspection of the property at any time.

SALE PROCEDURE: The tracts have been recently surveyed and will be offered by the Bidder’s Choice Method of Marketing wherein the successful bidder in the first session may select any individual tract, any combination of tracts or all 4 tracts. In the event that less than all of the tracts are selected in the first session, the remaining tracts will be offered by the same method until all have been sold.

TERMS: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before January 20, 2017. Full possession for the 2017 farming season will be given at the closing. Title insurance will be provided. The 2016 real estate taxes payable in 2017 will be paid by the seller. All statements and representations herein are believed to be correct, however, the seller 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.

WALTER E. SAMPSON ESTATE

Daniel B. Stoerzbach, Executor

Attorney: Daniel B. Stoerzbach – Stoerzbach Law Office P.C.

2101 Windish Dr. – Galesburg, IL 61401 – Ph. 309/343-5010

VAN ADKISSON AUCTION LLC

309/426-2000 – www.vanadkisson.com