McDonough County, IL Land Auction – Ogren

Tuesday, January 17, 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
SOLD!
TRACT 1 – $18,500 PER ACRE
TRACT 2 – $17,200 PER ACRE
TRACT 3 – $12,600 PER ACRE
TRACT 4 – $12,600 PER ACRE
TOTAL – $4,887,097.00
Location
McDonough County, Illinois

Seller
Del E. Ogren
Managed By
Jim Sullivan (217) 440-8172
Michael Sullivan (309) 333-0916
Auction Brochure
Internet Bidding Catalogs
Location & General Information
321.37 Surveyed Acres • 4 Tracts
Land is located approximately 6 miles northeast of Blandinsville in Section 11 of Blandinsville Township, McDonough County, Illinois, approximately 20 miles northwest of Macomb, Illinois. The individual tracts are predominately tillable farm land with highly productive Class A soils!
THE LANE AND HOME LOCATED BETWEEN TRACTS 2 & 3 ARE PRIVATE PROPERTY AND NOT INCLUDED IN THE SALE
Tract Information
Tract 1 • 82.05 Surveyed Acres
- FSA Figures should indicate 80.6 acres of NHEL cropland
- Access on the north by N 2300TH RD.
- Muscatune, Osco and Sable soils
- PI rating of 141 (Class A)
Tract 2 • 76.90 Surveyed Acres
- FSA Figures should indicate 75.7 acres of NHEL cropland
- Access on the west by E 400TH ST
- Muscatune and Osco soils
- PI rating of 143.7 (Class A)
Tract 3 • 132.81 Surveyed Acres
- FSA Figures should indicate 86.8 acres of NHEL cropland
- The non cropland acres are wooded and old pastureland
- Access on the west by E 400TH ST
- Predominately Osco, Muscatune soils
- PI rating of 141.3 on the tillable acres (Class A). The entire tract has a PI rating of 137.2 (also Class A!)
Tract 4 • 29.61 Surveyed Acres
- FSA Figures should indicate 27.7 acres of cropland
- Access on the south by N 2200TH RD
- Predominately Osco and Muscatune soils
- PI rating of 136.9 (Class A)
Method & Terms
All 4 tracts will be sold by the acre, based on surveyed acres, and offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) any or all tracts for their high bid. If the high bidder does not take all offered tracts, then the remaining tracts will be offered. The tracts will not be offered together at the conclusion of the auction.
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 1, 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”.
Del E. Ogren
Representing Attorney:
Brian Holland | Holland & Holland
397 W Main St, Bushnell, IL 61422 | (309) 772-3178
Auction Manager:
Jim Sullivan (217) 440-8172
Michael Sullivan (309) 333-0916