Land Auction – 381.41 Surveyed Acres – 5 Tracts – Knox County, IL

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Land Auction – 381.41 Surveyed Acres – 5 Tracts – Knox County, IL

Fri, November 9, 2018

Auction Location:

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

Sold At Auction:

Tract 1 – $7,200 Per Acre

Tract 2 – $5,600 Per Acre

Tract 3 – $7,400 Per Acre

Tract 4 – $7,400 Per Acre

Tract 5 – $3,320 Per Acre

LAND AUCTION

381.41 SURVEYED ACRES – 5 TRACTS

CEDAR, CHESTNUT & ORANGE TOWNSHIPS

KNOX COUNTY, ILLINOIS

Friday, November 9, 2018 – 10 A.M.

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

I-74 at East Main Street, Exit #48

 

TRACTS 1 & 2: 141.41 ACRES

The Helen Peck Trust Cedar Township Farm includes 141.4 surveyed acres +/- selling in 2 tracts located 4 miles south of Galesburg, IL on Route 41 to County Highway 26 (1050N) then 1.5 miles west in Section 7, Cedar Township (T.10N.-R.1E.), Knox County, Illinois.

TRACT 1: 102.61 ACRES: Tract 1 is located in the North Half of Section 7 in Cedar Township and has frontage on the north side of County Highway 26 (1050N). The tract lies level to undulating and presently includes 95.48 +/- tillable acres. Primary soil types of the cropland are Class A Ipava and Osco silt loams with a PI rating of 138.3. The balance of the acreage consists of well-maintained grass waterways.

TRACT 2: 38.80 ACRES: Tract 2 is located in the South Half of Section 7 in Cedar Township and has frontage on the south side of County Highway 26 (1050N), directly across from Tract 1. The parcel lies undulating to rolling and presently includes 11 +/- acres of cropland with the balance of the acreage in mature timber, grassland and a seasonal stream. Primary soil types of the cropland are Class A Osco and Ipava silt loams with a PI rating of 127.9.  

 

TRACTS 3 & 4: 156.98 ACRES

The Robert Peck Trust Chestnut Township Farm consists of 156.98 acres selling in 2 contiguous tracts located 6 miles east of Abingdon, IL or 6 miles west of Maquon, IL on County Highway 20 (550N) in the Northwest Quarter of Section 3, Chestnut Township (T.9N-R.2E.), Knox County, Illinois.

TRACT 3: 78.49 ACRES: Tract 3 is the West Half of the farm. The parcel lies level to gently rolling and presently consists of 73 +/- tillable acres with the balance in grass waterways. The primary soil types of the cropland are highly productive Ipava, Osco, Sable and Clarksdale silt loams with a PI rating of 137. Tract 3 has frontage on County Highway 20 and Knox Road 900E.

TRACT 4: 78.49 ACRES: Tract 4 is the East Half of the farm. The parcel lies level to gently rolling and presently includes 69 +/- tillable acres with the balance consisting of a grass waterway and a small timbered draw. Primary soil types of the cropland are Ipava, Rozetta, Sable and Greenbush silt loams with a PI rating of 134.7. Tract 4 has frontage on County Highway 20.

TRACT 5: 83.02 ACRES

The Robert Peck Trust Orange Township Farm consists of 83.02 acres selling in 1 tract located directly north of Tracts 3 and 4 in the South Half of the Southwest Quarter of Section 34, Orange Township (T.10N.-R.2E.), Knox County, Illinois. Tract 5 has frontage on Roads 900E and 600N and presently includes 18 tillable acres with the balance in mature timber and creek. The parcel provides excellent hunting and recreation opportunities to the new owner!

NOTE: The farms feature highly productive cropland, buildings sites, timber, hunting and recreation. View the full listing online @ www.vanadkisson.com and www.biddersandbuyers.com

SALE PROCEDURE: Tracts 1 and 2 will be sold individually in order. Tracts 3 and 4 will be offered by Bidder’s Choice wherein the first successful bidder may select either one or both tracts. If one tract is selected the remaining tract will then be sold. Tract 5 will be sold individually at the conclusion of the auction.

TERMS: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before December 12, 2018. Title insurance will be provided. The 2018 real estate taxes payable in 2019 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.

ROBERT D. PECK & HELEN E. PECK TRUSTS

David Peck, Trustee

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

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

Auctioneers: Van Adkisson 309/337-1761 and Jeff Gregory 309/337-5255

VAN ADKISSON AUCTION LLC

309/426-2000 – www.vanadkisson.com