BUREAU COUNTY, IL LAND AUCTION – HENSEL

Friday, November 03, 2022 - 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


Bureau County, Illinois

The Robert Hensel Estate farm real estate is located 4 miles south of Walnut, IL, or 10 miles northwest of Princeton, IL, or 20 miles south of Sterling, IL. The property is further described as being located in part of Section 32, T18N-R8E, Walnut Township, Bureau County, IL.

SELLER


Robert Hensel Estate

William Hensel, Executor

MANAGED BY


Kevin Haas (309) 264-7767

GENERAL INFORMATION


80 Taxable Acres± • 1 Tract

The farm contains a total of 80.0 taxable acres and will be sold in 1 tract, which represents mostly tillable and highly productive farmland.

Farmers and investors, be sure to check out this productive, Bureau County, IL farm real estate.

SOLD!

TRACT 1 - $9,350.00 PER ACRE

TOTAL - $748,000.00

TRACT INFORMATION


  • 80.0 taxable acres
  • FSA figures indicate 77.50 cropland acres
  • Productivity Index (PI): 126.3
  • Soil types include Biggsville, Sable and Waukegan
  • The balance of the acres is a small wooded area on the north end of the farm
  • Access along the south side from 2400 N Ave

METHOD & TERMS


The real estate will be sold on a price per acre basis, based on 80 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 Monday, December 4, 2023.

The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2023 income and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession will be given at the time of closing, subject to existing 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 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”.

AERIAL TOUR


REAL ESTATE TAX INFORMATION


PIN 03-32-400-001 - 80.0A - $2823.80

PLAT MAP


AERIAL MAP


SOIL MAP


FSA INFORMATION


SUBJECT PHOTOS


Robert Hensel Estate

William Hensel, Executor

Representing Attorney:

John C. Isaacson | Angel, Isaacson, & Tracy

Trimble Building, 111 Park Ave E | Princeton, IL 61356 | (815) 875-6551

Auction Manager:

Kevin Haas (309) 264-7767