BUREAU COUNTY, IL LAND AUCTION - BLUKEL 1959 LT

Tract 1 – 79.781 surveyed acres

• FSA figures indicate 78 NHEL cropland acres (split field) -- Includes approximately 3.0 CRP acres (split field), annual payment $900.00, expires 9/30/2027
• Productivity Index (PI): 134.3 (Class A)
• Soil types include Catlin, Muscatune, Sawmill, and Sable
• Access along the north side from CR 2500N and along the east side from CR 3100E

Tract 2 – 95.942 surveyed acres

• FSA figures indicate 93 NHEL cropland acres (split field) -- Includes approximately 2.0 CRP acres (split field), annual payment $600.00, expires 9/30/2027
• Productivity Index (PI): 134.8 (Class A)
• Soil types include Catlin, Sawmill, Muscatune, and Saybrook
• Includes a small parking area with 2 grain bin pads, situated along the west side
• Access along the west side from St Rt 89 and along the east side from CR 3100E

The Blukel 1959 Land Trust farm will be sold on a price per acre basis, based on surveyed acres. Both tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any of the tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Friday, January 5, 2024 Wednesday, January 10, 2024.

The seller will provide title insurance in the full amount of the purchase price. Open lease for 2024 crop year and beyond. Possession at closing, subject to an existing lease for the 2023 crop year.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.

Tract 1

• pH - 6.4
• P - 75 #/A
• K - 318 #/A

Tract 2

• pH - 6.2
• P - 76 #/A
• K - 278 #/A

2023 Corn

• 251 bu. per acre

2022 Soybean

• 67.3 bu. per acre

2021 Corn

• 197 bu. per acre