MARSHALL COUNTY, IL LAND AUCTION - MCLAUGHLIN

Monday, October 30, 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

LOCATION

Marshall County, Illinois

The McLaughlin Family Farm is located 4 miles NE of Camp Grove or 25 miles N of Peoria IL. The farm is further described as Section 8, T13N-R8E, Saratoga Township, Marshall County, Illinois.

SELLER

McLaughlin Family Farm LLC

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

142.886 surveyed acres • 1 tract

This tract represents nearly 100% tillable, Class A soils.

AUCTION BROCHURE

VIEW INTERACTIVE AUCTION BROCHURE

INTERNET BIDDING CATALOGS

CLICK HERE FOR INTERNET BIDDING AND IMPORTANT DOCUMENTS

SOLD!

TRACT 1 - $13,200.00 PER ACRE

TOTAL - $1,886,095.20

TRACT INFORMATION

142.886 surveyed acres
FSA records indicate 142.5 NHEL cropland acres (split field)
- ~~Includes 1.9 acres CRP, $584 annual payment, expires 9/30/2023~~
- Update: Includes 1.9 acres CRP, $570 annual payment, expires 9/30/2033
- Includes 0.9 acres CRP, $270 annual payment, expires 9/30/2027
Productivity Index (PI): 136.3 (Class A)
Soil types include Muscatune, Saybrook, Sable, Catlin, Osco, Sawmill, and Radford
Access along the north side from CR 1400 N

CLICK HERE FOR TILE MAP

METHOD & TERMS

The McLaughlin Family Farm will be sold on a price per acre basis, 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, December 1, 2023.

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”.

CLICK HERE FOR FSA INFORMATION

Note: This FSA information includes acres that are not involved in the auction.