Will County, IL Land Auction – Agrashares Fund, LLC
Wednesday, November 23, 2022 - 1:00 pm Central
Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at
SOLD!
TRACT 1 – $3,500 PER ACRE
TRACT 2 – $4,250 PER ACRE
TOTAL – $425,939.00
Location
Will County, Illinois
Seller
Agrashares Fund, LLC
Managed By
Rodney Borrowman (630) 247-0667
John Borrowman (217) 430-0645
General Information
Tract 1 of the Agrashares Fund, LLC property is located approximately 3 miles south of Shorewood, IL, or 11 miles southwest of Joliet, IL, and conveniently located at the southwest corner of I55/I80 exit. The farm is further described as being located in Section 28, T35N-R9E, Troy Township, Will County, IL.
Tract 2 is located on the east edge of Beecher, IL, or approximately 14 miles south of Chicago Heights, IL. and is further described as being located in Section 15, T33N-R14E, Washington Township, Will County, IL.
Auction Brochure
Online Bidding
Tract Information
Tract 1 - 49.629 Surveyed Acres
- FSA maps indicate 41.73 NHEL cropland acres
- Productivity Index (PI): 106.9
- Soil types include Blount and Ashkum
- Zoned R-4, home development potential
- Access along the east side I55 Frontage Road
Tract 2 - 59.350 Surveyed Acres
- FSA maps indicate 14.20 NHEL and 41.73 UHEL cropland acres
- Productivity Index (PI): 124.4
- Soil types include Pella and Markham
- Excellent tillable farm with development potential
- Access along the east side from South Cottage Grove Road
Method & Terms
The Agrashares Fund, LLC farm will be sold in numerical order based on surveyed acres. Each sale will be final. The farm will NOT be offered in its entirety or in any combinations
Bidding is NOT contingent upon financing, an appraisal or inspection.
Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 30 days, on or before Thursday, December 29, 2022 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. Full possession will be given at the time of closing, subject to the current lease with a tenant. Both tracts sell free and clear for the 2023 crop year.
All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.
Aerial Tour
Plat Maps
Tract 1
Tract 2
Survey Maps
Tract 1
Tract 1
Tract 2
Aerial Maps
Tract 1
Tract 2
SOIL MAPs
Tract 1
Tract 2
Subject Photos
Agrashares Fund, LLC
Representing Attorney:
Jason A Doran | Momkus, LLP
1001 Warren Rd., Suite 500, Lisle, IL 60532 | (630) 434-0400
Auction Manager:
Rodney Borrowman (630) 247-0667
John Borrowman (217) 430-0645