BUREAU COUNTY, IL LAND AUCTION - RINGENBERG

Monday, November 6, 2023 - 1:00 PM 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 Ringenberg Trust farm is located 1 mile northwest of Sheffield, IL or 15 miles west of Princeton, IL or 12 miles northeast of Kewanee, IL. The farm is further described as being located in Sections 13 & 24, T16N-R6E, Mineral Township, Bureau County, Illinois.

SELLER


Ringenberg Trust

Joe Ringenberg - Co Trustee

Claire Guede - Co Trustee

MANAGED BY


Kevin Haas (309) 264-7767

GENERAL INFORMATION


37.49 taxable acres± • 1 tract

Land represents a mix of productive farmland income and field edge deer hunting.

TRACT INFORMATION


  • 37.49 taxable acres
  • FSA records indicate 34.38 NHEL cropland acres
  • Productivity Index (PI): 123.9
  • Soil types include Waukegan, Sawmill, and Drummer
  • Offers a mix of cropland income and field edge deer hunting, with Coal Creek bordering the north side of the farm
  • Close proximity to excellent grain markets
  • Access along the east side from CR 550E Rd

METHOD & TERMS


The Ringenberg Trust farm will be sold on a price per acre basis, based on 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 December 6, 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.

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 13-13-300-012 - 11.21A - $478.80

PIN 13-13-300-013 - .87A - $37.32

PIN 13-13-300-014 - 1.13A - $49.22

PIN 13-24-100-010 - 24.28A - $807.80

PLAT MAP


AERIAL MAP


SOIL MAP


FSA INFORMATION


Note: This FSA information covers acres that are not included in this auction.

SUBJECT PHOTOS


Ringenberg Trust

Joe Ringenberg - Co Trustee

Claire Guede - Co Trustee

Representing Attorney:

Jennifer A. Hahn | Ketra A. Mytich, Ltd.

1230 W. Candletree Drive, Suite A, Peoria, IL 61614 | (309) 673-1805

Auction Manager:

Kevin Haas (309) 264-7767