BUREAU COUNTY, IL LAND AUCTION – CRISMAN

Thursday, February 23, 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

How to participate in a Virtual Online Auction

SOLD!

$11,000 PER ACRE

TOTAL – $899,470.00

LOCATION

Bureau County, Illinois

The James E. Crisman farm is located approximately 4 miles southwest of Buda, Illinois or 18 miles southwest of Princeton, Illinois. The property is further described as being located in Section 17, T15N-R7E, Macon Township, Bureau County, Illinois.

SELLER

James E. Crisman Estate

Scott Crisman – Executor

MANAGED BY

Dale Jones (309) 299-6400

GENERAL INFORMATION

81.77 Preliminary Surveyed Acres • 1 Tract

The real estate contains a total of 81.77 Preliminary Surveyed Acres, will be sold in 1 tract and represents highly productive, well maintained, Class A soil and a small wooded area suitable for recreational purposes.

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

AUCTION BROCHURE

VIEW INTERACTIVE AUCTION BROCHURE

INTERNET BIDDING CATALOGS

CLICK HERE TO VIEW INTERNET BIDDING AND IMPORTANT DOCUMENTS

TRACT INFORMATION

Tract 1 - 81.77 Preliminary Surveyed Acres

FSA map indicates 70.7 NHEL cropland acres
Productivity Index (PI): 133.6 (Class A)
Soil types include Osco, Sawmill, Muscatune, Rozetta, Greenbush, Fayette, Plano, and Parkway
Small wooded area with recreational possibilities
Access from the east by 800 E. St. BUYER REIMBURSEMENT Note: The buyer will reimburse the seller at closing for fall tillage and anhydrous fertilizer applied fall 2022. Contact auction manager for details.

METHOD & TERMS

The James E. Crisman farm will be sold on a price per acre basis, based on ~~80 taxable acres~~ 81.77 Preliminary Surveyed 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 March 23, 2023.

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. 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.

The buyer will reimburse the seller at closing in the amount of $17,580.55 for fall tillage and anhydrous fertilizer applied fall 2022.

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.”