Land Auction – 85.60 Surveyed Acres – 2 Tracts – Warren County, IL

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Land Auction – 85.60 Surveyed Acres – 2 Tracts – Warren County, IL

Fri, February 15, 2019

Auction Location:

Roseville Community Center, 265 West Penn Ave., Roseville, IL

Sold At Auction:

Tract 1 – $13,400 Per Acre

Tract 2 – $13,400 Per Acre

LAND AUCTION

85.60 SURVEYED ACRES – 2 TRACTS

WARREN COUNTY, ILLINOIS

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

FRIDAY, FEBRUARY 15, 2019

AT 10 A.M.

PRIME CROPLAND – POINT PLEASANT TOWNSHIP

FARM LOCATION: The Lee Farm is located 5 miles south of Roseville, IL on Route 67 to 20th Ave., 4 miles west to 20th St. then 1 mile north or 3 miles west of Route 67 on the Raritan Road (40th Ave.) to 30th Street, 1 mile south to 30th Ave. then 1 mile west. The land is located on the southeast corner of the intersection of 20th Street and 30th Avenue.

PLAT LOCATION: The West Half of the Northwest Quarter of Section 21, Point Pleasant Township (T.8N.-R.3W.), Warren County, Illinois containing 85.60 surveyed acres to be offered in 2 contiguous tracts.

TRACT 1 – 43.60 ACRES

Tract 1 is the West parcel and has frontage on 20th Street and 30th Ave. The land lies level, is all tillable and consists of highly productive Sable and Muscatune silt loam soils with a Productivity Index Rating of 144.4!

TRACT 2 – 42.00 ACRES

Tract 2 is located directly east of Tract1 with frontage on 30th Ave. The parcel lies level, is all tillable and consists of highly productive Sable, Muscatune and Osco silt loam soils with a Productivity Index Rating of 143.2!

SALE PROCEDURE: Tracts 1 and 2 will be offered by Bidder’s Choice wherein the first successful bidder may select either one or both tracts. In the event one tract is selected the remaining tract will then be sold.

TERMS: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before March 15, 2019. Full possession for the 2019 farming season will be given at the closing. Title insurance will be provided. The 2018 real estate taxes payable in 2019 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 sellers and assumes no liability of any kind with the property being sold.  The land is being sold subject to a wind energy lease and easement agreement with Cardinal Point LLC. Presently there are no wind towers being proposed to be built on the property being sold. The existing easement is being proposed for use as access and right-of-way along the south boundary lines of Tracts 1 and 2. Please contact the auction firm for further information.

NOTE: This auction offers an outstanding opportunity to farm operators and investors interested in acquiring top quality Western Illinois farmland! View the full listing online @ www.vanadkisson.com

BEN M. LEE FAMILY FARM

Jeffrey M. Lee and James R. Lee

Attorney: George Hennenfent of the

McMillan, Hennenfent, DeJoode, & Humbert Law Firm

120 N. Main Street, Roseville, IL – Ph. 309/426-2176

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

VAN ADKISSON AUCTION LLC

309/426-2000 – vanadkisson.com