Live & Online Land Auction – 104 Acres – 3 Tracts in Knox County, IL

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Live & Online Land Auction – 104 Acres – 3 Tracts in Knox County, IL

Live & Online Land Auction – 104 Acres – 3 Tracts in Knox County, IL

Sat, November 18, 2023 10:00 am

Auction Location:

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

Seller:

DAN WYNNE ESTATE

Sold at Auction:

 

Tract 1 – $14,000 per acre

 

Tract 2 – $10,250 per acre

 

Tract 3 – $5,250 per acre

 

 

LIVE AND ONLINE

LAND AUCTION

 

104.46 ACRES (M/L) – 3 TRACTS

KNOX COUNTY, ILLINOIS

 

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

 

SATURDAY, NOVEMBER 18, 2023

AT 10 A.M.

 

 

 

PRODUCTIVE CROPLAND – DEVELOPMENT PROPERTY

PASTURE – CREEK – RECREATIONAL LAND

 

 

 

 

CLICK HERE TO BID ONLINE

** PLEASE TAKE NOTICE **

You are required to provide a bank reference before being accepted to participate in this auction online. Please have your lender e-mail this information to adkissonauction@gmail.com.

Online bidders must be registered and approved by the auction firm no later than 1 p.m. on November 17, 2023.

 

 

 

 

TRACT 1: 36.12 ACRES (M/L)

Tract 1 is located in the SE Quarter of Section 13, Galesburg Township (T.11N.-R.1E.), Knox County, IL PIN: 09-13-476-001. The property is located 1 block east of Grand Ave. (Route 150) on East 5th Street on the SE corner of Galesburg adjacent to I74. The parcel lies level, is mostly all tillable and offers a nice opportunity for expanding farmers and developers. Primary soil types feature highly productive Ipava, Osco and Sable silt loams – 141.6 PI. Property Class – Farmland.

 

 

 

 

 

 

 

 

 

 

TRACT 2: 8.26 ACRES (M/L)

Tract 2 is described as Parcel 362-A in the SW Quarter of Section 22, City of Galesburg (T.11N.-R.1E), Knox County, IL. PIN: 99-22-300-007. The property is located in the 1900 block of S. Henderson St. The parcel lies level, is mostly all tillable and is an attractive acreage for small farmers and investors. Primary soil types are Ipava, Osco and Sable silt loams – 138.7 PI. Property Class – Farmland.

 

 

 

 

 

 

 

 

 

TRACT 3: 60.08 ACRES (M/L)

Tract 3 is located in the NE Quarter of  Section 17, Indian Point Township (T.9N.-R.1E.), Knox County, IL. PIN: 17-17-200-004. The property is located 1.5 miles south of Abingdon, IL on Route 41 with additional frontage on Road 375N. The parcel lies undulating to rolling and presently includes 36.18 FSA cropland acres – 116 PI. The balance of the property includes grass waterways, timber and Indian Creek. The farm is well fenced and offers an excellent opportunity to livestock and grain producers.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SALE PROCEDURE: Tracts 1, 2 and 3 will be sold individually in order. No combinations will be offered.

 

TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before December 19, 2023. Buyers will receive full possession at the closing.  Title insurance will be provided. The 2023 real estate taxes payable in 2024 will be paid by the seller. The farm is selling with no contingencies. Bidders must have financing arrangements made prior to participating in the auction. 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.

 

NOTICE: The auction will be conducted both In-Person and Online. Online bidding is powered by Proxibid.

 

 

 

 

 

DAN WYNNE ESTATE

John Wynne and Craig Wynne, Co-Executors

Attorney: Patrick C. Egan | Egan Law LLC

2101 Windish Drive | Galesburg, IL 61401 | 309-343-5010

Auctioneers: Van Adkisson 309-337-1761 | Jeff Gregory 309-337-5255.

VAN ADKISSON AUCTION LLC

309/426-2000 – www.vanadkisson.com