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!

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

PLAT MAP


AERIAL MAP


SOIL MAP


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