Land Auction – 385.95 Acres – 5 Tracts – Warren County, IL (Oberjohnn)

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Land Auction – 385.95 Acres – 5 Tracts – Warren County, IL (Oberjohnn)

Land Auction – 385.95 Acres – 5 Tracts – Warren County, IL (Oberjohnn)

Fri, August 21, 2020

Auction Location:

Roseville Community Center, 265 West Penn Ave. (Route 116) , Roseville I

Sale Holder:

Oberjohnn Acres, Inc.

Sold At Auction:

Tract 1 – $12,700 Per Acre

Tract 2 – $14,000 Per Acre

Tract 3 – $12,600 Per Acre

Tract 4 – $13,500 Per Acre

Tract 5 – $8,400 Per Acre

LAND AUCTION

385.95 SURVEYED ACRES – 5 TRACTS

PRIME CROPLAND

WARREN COUNTY, ILLINOIS

AUCTION VENUE: Roseville Community Center, 265 West Penn Ave., Roseville, IL 61473

FRIDAY, AUGUST 21, 2020 – 10 A.M.

The farms are generally located South of Roseville, IL or North of Macomb, IL near the Warren-McDonough County line.

TRACTS 1 & 2 – 167.46 ACRES

Farm Location: 6 miles south of Roseville or 14 miles north of Macomb on Route 67 to 10th Ave. then 1 mile west. The property is located at the intersection of 10th Ave. and 50th Street.

Plat Location: Tracts 1 & 2 are contiguous and are located in the Southwest Quarter of Section 25, Point Pleasant Township (T.8N.-R.3W.), Warren County, Illinois.

Description: The tracts lie level to undulating and are all tillable. Primary soil types are highly productive Class A Ipava, Osco and Sable silt loams.

Tract 1: The West 83.62 Acres – 141.0 PI rating. 2019 Taxes – $43.20 per acre.

Tract 2: The East 83.84 Acres – 141.6 PI rating. 2019 Taxes – $43.20 per acre.

TRACT 3 – 81.53 ACRES

Farm Location: 7 miles south of Roseville or 13 miles north of Macomb on Route 67 to the Warren-McDonough County line (1st Ave.) then 1 mile east. The parcel is located at the intersection of 1st Ave. and 70th Street.

Plat Location: 81.53 acres located in the East Half of the Southeast Quarter of Section 29, Swan Township (T.8N.-R.2W.), Warren County, Illinois.

Description: Tract 3 lies level to undulating and is all tillable with the exception of a small building site which could easily be converted to cropland. Primary soil types are highly productive Class A Ipava and Osco silt loams with a PI rating of 141.3. 2019 Taxes – $46.18 per acre.

TRACTS 4 & 5 – 136.96 ACRES

Farm Location: 5 miles south of Roseville or 15 miles north of Macomb on Route 67 to 20th Ave. (County Road 19), 2 miles east to 80th St. then 1 mile south. Tract 4 has frontage on 10th Ave. Tract 5 has frontage on 80th Street.

Plat Location: Tracts 4 and 5 are contiguous and are located in the Southeast Quarter of Section 29, Swan Township (T.8N.-R.2W.), Warren County, Illinois.

Tract 4 – 68.26 Acres: The parcel is located west of the intersection of 80th Street and 10th Ave. The land lies level to undulating and is all tillable. Primary soil types are highly productive Class A Ipava and Osco silt loams with a PI rating of 140.7. 2019 Taxes – $45.23 per acre.

Tract 5 – 68.70 Acres: The parcel is located along 80th Street north of Tract 3. The farm lies level to gently rolling and presently includes approximately 59.5 tillable acres. The balance of the acreage consists of grass and timbered waterways. Primary soil types of the cropland are highly productive Class A Osco and Ipava silt loams with a PI rating of 138.5. 2019 Taxes – $36.85 per acre.

SALE PROCEDURE: Tracts 1 and 2 will be offered by bidder’s choice whereby the high bidder has the privilege of selecting either one or both tracts. In the event one tract is selected the remaining tract will then be sold. Tracts 3, 4 and 5 will be offered by bidder’s choice whereby the high bidder has the privilege of selecting any individual tract, any combination of tracts or all three tracts. Bidders Choice and privilege will continue until all three tracts are sold.

AUCTION NOTE: This is an outstanding offering of exceptionally well-maintained highly productive Class A farmland that has been owned by the same family for several generations. We invite you to inspect the property and to be prepared to purchase at the auction.

TERMS OF SALE: Ten percent (10%) of the purchase prices to be paid down at time of sale with balance due at closing on or before October 1, 2020. Buyers will receive full possession following the harvest of the 2020 crop. Title insurance will be provided. The 2020 real estate taxes payable in 2021 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 full listing is available online @ https://vanadkisson.com/ and www.biddersandbuyers.com

OBERJOHNN ACRES, INC.

Roger A. German, President

Attorney: Jeff W. DeJoode of the

McMillan, Hennenfent, DeJoode, & Humbert Law Firm

402 East Jackson St., Macomb, IL – Ph. 309.837.2904

Auctioneers: Van Adkisson 309.337.1761 and Jeff Gregory 309.337.5255

VAN ADKISSON AUCTION LLC

309.426.2000 – vanadkisson.com