MCDONOUGH COUNTY, IL LAND AUCTION - WAYLAND

Thursday, December 5, 2024 - 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


McDonough County, Illinois

The Wayland farm is located approximately 5 miles south of Macomb IL and is further described as being located in Section 35, T5N - R3W, Chalmers Township, McDonough County, Illinois.

SELLER


Paul Wayland

MANAGED BY


Michael Sullivan (309) 333-0916

GENERAL INFORMATION


40 taxable acres± • 1 tract

The farm represents prime, Class A tillable farmland which sells free & clear for the 2025 crop year!

TRACT INFORMATION


  • 40 taxable acres
  • FSA figures indicate 39.80 acres of NHEL cropland
  • Productivity Index (PI): 139.6 (Class A)
  • Soil types include Virden & Ipava
  • Sells free & clear for the 2025 crop year
  • Access is along the north side by County Hwy 22 & along the east side by E 1100th St.

METHOD & TERMS


The Wayland farm will be sold on a price per acre basis, based on 40 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 Wednesday, January 15, 2025.

The seller will provide title insurance in the full amount of the purchase price and pay all the 2024 real estate taxes, due and payable in 2025. Buyer will receive possession of the farm at closing. The farm sells free & clear of any tenancy for the 2025 crop year & 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, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.

AERIAL TOUR


PLAT MAP


AERIAL MAP


SOIL MAP


Paul Wayland

Representing Attorney:

Eric G. Icenogle | Capps, Ancelet, Icenogle & Wallace

55 S Adams St, Carthage, IL 62321 | (217) 357-2107

Auction Manager:

Michael Sullivan (309) 333-0916