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.
AUCTION BROCHURE
INTERNET BIDDING CATALOGS
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
FSA INFORMATION
Note: This FSA information covers acres that are not included in this auction.
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