KNOX COUNTY, IL LAND AUCTION – GALESBURG ORDER BUYERS INC.

Monday, February 27, 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


Knox County, Illinois

SELLER


Galesburg Order Buyers Inc.

Marty Anderson

Randy Anderson

Tim Anderson

MANAGED BY


Jim Sullivan (217) 440-8172

AUCTION BROCHURE


ONLINE BIDDING


Bidding Now Open!

INTERNET BIDDING CATALOGS


LOCATION & GENERAL INFORMATION


159.34 Surveyed Acres • 1 Tract

Land is located at the south edge of Galesburg, Illinois in Sections 26 and 35 of Galesburg Township, Knox County, Illinois. This is a Class A farm with a PI rating of 141.9! There is public road access on the north and west sides.

TRACT INFORMATION


  • FSA figures should indicate 157.34 acres of NHEL cropland
  • Productivity Index (PI): 141.9 (Class A)
  • The predominate soil types include Ipava, Sable and Osco
  • Access on the north by Township Rd 217 and on the west by Co. Rd 25

METHOD & TERMS


Bidding will be on a per acre basis based on surveyed acreage.

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 31, 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. Buyer will be responsible for 2023 and all subsequent taxes. Possession will be given at the time of closing. The properties sell free and clear of 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 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


FSA INFORMATION


SURVEY MAPS


PLAT MAP


AERIAL MAP


SOIL MAP


SUBJECT PHOTOS


Galesburg Order Buyers Inc.

Marty Anderson

Randy Anderson

Tim Anderson

Representing Attorney:

Brian A. Peterson | Simpson Peterson

246 E. Main St., Suite 201, Galesburg, IL 61401 | (309) 343-6152

Auction Manager:

Jim Sullivan (217) 440-8172