Washington County, IL Land Auction – Chicago Title Land Trust Company

Calendar

Tuesday, February 21, 2023 - 10:00 am Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at

(844) 847-2161

Location

Washington County, Illinois

The farm is located 2 miles west of Irvington, IL or 9 miles southwest of Centralia, IL. and is further described as being located in Sections 15 & 16, T1S•R1W, Irvington Township, Washington County, IL.

Calendar

Seller

Chicago Title Land Trust Company

Managed By

Rodney Borrowman (630) 247-0667

John Borrowman (217) 430-0645

General Information

247 Taxable Acres± • 1Tract

The farm represents a total of 247 taxable acres± and will be sold in 1 tract.  The farm represents nearly all productive tillable farm ground.

Farmers & investors, be sure to check out this income-producing farm.

Tract Information

Tract 1 - 247 Taxable Acres±

  • FSA records indicate 238.11 cropland acres
  • Soil Productivity Index:  99.9 (tillable acres)
  • Soils include: Hoyleton-Darmstadt, Darmstadt-Coulterville, and Cisne-Huey
  • Nearly 100% tillable
  • Waterways to provide excellent drainage
  • Access along the north side from IL-177 and along the east side from Tower Road.

Method & Terms

The Chicago Title Land Trust Company farm will be sold on a price per acre basis, based on 247 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 April 3, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023, and the buyer will be responsible for the 2023 and all subsequent taxes. Possession will be given at the time of closing, and the farm sells free and clear of crop tenancy for 2023 and beyond.

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.”

Plat Map

Aerial Map

SOIL MAP

Subject Photos

Chicago Title Land Trust Company

 

Representing Attorney:

John A. Lipinsky  | Clingen Callow & McLean, LLC

2300 Cabot Drive, Suite 500 Lisle, Illinois  60532  |  (630) 871-2600

 

Auction Managers:

Rodney Borrowman (630) 247-0667

John Borrowman (217) 430-0645