Bureau County, IL Land Auction - Buckman

Location & General Information

141.75 Taxable Acres • 1 Tract

The Arnold Buckman farm is located approximately 6 miles northeast of Princeton, Illinois or 18 miles northwest of Peru, Illinois. The property is further described as being located in Section 6, T16N-R10E, Selby Township, Bureau County, Illinois. The real estate contains a total of 141.75 taxable acres, will be sold in 1 tract and represents highly productive, well maintained, Class A soil.

Farmers and investors, be sure to check out this Class A farm in Bureau County, Illinois.

Tract Information

141.75 Taxable Acres

FSA map indicates 142.63 NHEL cropland acres
Productivity Index (PI): 137 (Class A)
Soil types include Osco, Muscatune and Buckhart
Very well tiled with fantastic drainage
Access from the west off County Rd 2400 E

Method & Terms

The Arnold Buckman farm will be sold on a price per acre basis, based on 141.75 taxable acres.

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 February 15, 2023. Seller will pay the 2022 real estate taxes, due and payable in 2023. The buyer will be responsible for the 2023 and all subsequent real estate taxes. Possession will be given at the time of closing, subject to the current farm tenancy for the 2022 crop year only. The farm sells free & clear 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 on 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.”