MARSHALL COUNTY, IL LAND AUCTION - FENOGLIA
Tuesday, December 5, 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
LOCATION
Marshall County, Illinois
The Marjorie Fenoglia Farm is located 5 miles southeast of Toluca, IL or 30 miles north of Bloomington, IL. The farm is further described as Section 35, T29N-R1E, Bennington Township, Marshall County, Illinois.
SELLER
Marjorie Fenoglia Farm
MANAGED BY
Kevin Haas (309) 264-7767
GENERAL INFORMATION
77.816 surveyed acres • 1 tract
This tract represents productive central Illinois farmland. Farmers & investors – don’t miss this opportunity!
AUCTION BROCHURE
INTERNET BIDDING CATALOGS
SOLD!
TRACT 1 - $13,400.00 PER ACRE
TOTAL - $1,042,734.40
TRACT INFORMATION
- 77.816 surveyed acres
- FSA records indicate 75.67 NHEL cropland acres
- Productivity Index (PI): 131.1
- Soil types include Rutland, Streator, and Wenona
- Access along the north side from CR 100N and along the south side from CR 50N
METHOD & TERMS
The Marjorie Fenoglia Farm will be sold on a price per acre basis, based on taxable acres based on 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 Friday, January 12, 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 cash rent 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”.
AERIAL TOUR
REAL ESTATE TAX INFORMATION
PIN 14-35-200-004 - 77.3A - $2846.12
FSA INFORMATION
Marjorie Fenoglia Farm
Representing Attorney:
Ryan J. Anderson, Attorney at Law
611 Second Street, PO Box 174, Henry, Illinois 61537 | (309)364-2354
Auction Manager:
Kevin Haas (309) 264-7767