ADAMS COUNTY, IL LAND AUCTION - WEISENBORN

Tuesday, August 15, 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

LOCATION


Adams County, Illinois

SELLER


James R. & Mary Ann Weisenborn Trust

Steve Weisenborn, Susie Grist & Tom Weisenborn - Trustees

MANAGED BY


Michael Sullivan (309) 333-0916

John Borrowman (217) 430-0645

Rodney Borrowman (630) 247-0667

LOCATION & GENERAL INFORMATION


The Weisenborn farms are located at the north edge of Quincy, IL and are further described as being located in Sections 8, 19 & 20, T1S - R8W, Ellington Township, Adams County, IL. All tracts represent productive, tillable farmland with excellent locations north of Quincy, IL. Road frontages include Weiss Lane, Ellington Road, N 36th St. & Spring Lake Road. These farms have tremendous development potential in addition to the productive farmland!

SOLD!

TRACT 1 - $30,000.00 PER ACRE

TRACT 2 - $30,000.00 PER ACRE

TRACT 3 - $26,300.00 PER ACRE

TRACT 4 - $21,900.00 PER ACRE

TRACT 5 - $18,500.00 PER ACRE

TRACT 6 - $17,100.00 PER ACRE

TRACT 7 - $18,000 PER ACRE

TOTAL - $7,007,254.00

TRACT INFORMATION


Tract 1 • 19.46 Surveyed Acres

  • FSA figures should indicate this tract to be nearly 100% cropland
  • Productivity Index (PI): 135.9 (Class A)
  • Soil types include Mannon & Biggsville
  • Currently Zoned RU1 (Enterprise Zone)
  • Prime development potential with access along the north side by Ellington Road

Tract 2 • 41.01 Surveyed Acres

  • FSA figures should indicate this tract to be nearly 100% cropland
  • Productivity Index (PI): 131.2 (Class B)
  • Soil types include Biggsville, Mannon & Stookey
  • Currently Zoned RU1
  • Prime development potential with access along the north side by Ellington Road

Tract 3 • 19.98 Surveyed Acres

  • FSA figures should indicate approx. 16 acres of cropland
  • Productivity Index (PI): 128.5 (Class B)
  • Soil types include Biggsville, Stookey & Mannon
  • Currently Zoned RU1 (Enterprise Zone)
  • Prime development potential with access along the south side by Weiss Lane

Tract 4 • 40.76 Surveyed Acres

  • FSA figures should indicate this tract to be nearly 100% cropland
  • Productivity Index (PI): 133 (Class A)
  • Soil types include Biggsville, Wakenda & Stookey
  • Currently Zoned RU1
  • Prime development potential with access at the southwest corner by Weiss Lane

Tract 5 • 34.10 Surveyed Acres

  • FSA figures should indicate this tract to be nearly 100% cropland
  • Productivity Index (PI): 132.5 (Class B)
  • Soil types include Wakenda, Downsouth, Edwardsville & Biggsville
  • Currently Zoned RU1
  • Prime development potential with access along the east side by N 36th St.

Tract 6 • 72.46 Taxable Acres

  • FSA figures indicate 72.12 acres of cropland
  • Productivity Index (PI): 124.8 (Class B)
  • Soil types include Downsouth, Wakenda, Winfield & Bunkum
  • Currently Zoned RU1
  • In addition to the tillable acres, there is a large pond located at the south end of the property
  • Access is along the north side by Ellington Road

Tract 7 • 105.84 Taxable Acres

  • FSA figures indicate 109.89 acres of cropland - this includes the acres located under & owned by CIPS (power lines).
  • Productivity Index (PI): 133 (Class A)
  • Soil types include Wakenda, Downsouth, Winfield & Menfro
  • There is a small timbered draw located at the north end of the property
  • This piece is improved with a 54’x 72’ Morton machine shed (gravel floor) and (2) 10,000 bushel grain bins with drying floors, twin auger stirators, 8” unloading augers & fans w/ propane heaters
  • Access is along the south side by Spring Lake Road

METHOD & TERMS


All 7 tracts will sell on a per acre basis. Tract 1-5 have recently been surveyed & will sell based on said surveyed acres. Tracts 6 & 7 will be sold based on taxable acres. All 7 tracts will be offered through the marketing method of “Buyer's Choice”, whereas the high bidder can purchase (in any order) any or all tracts for their high bid. “Buyer's Choice” auctioning will continue until all 7 tracts have been elected. The tracts will NOT be offered together or in any combination at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to enter into a written Real Estate Sales Contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment. The balance of the bid price will be due at the time of closing, on or before Monday, September 18, 2023.

The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes, due and payable in 2024. Possession will be given at the time of closing, subject to the removal of the crops. Possession of the grain bins & machine shed on Tract 7 will be given no later than April 1, 2024.

Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure 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 pertaining to the property. The real estate and improvements are being sold “AS IS”.

AERIAL TOUR


PLAT MAP


AERIAL MAPS


James R. & Mary Ann Weisenborn Trust

Steve Weisenborn, Susie Grist & Tom Weisenborn - Trustees

Representing Attorney:

John Hauk | Hauk & Owens, LLC

811 Maine St, Quincy, IL 62301 | (217) 214-2757

Auction Managers:

Michael Sullivan (309) 333-0916

John Borrowman (217) 430-0645

Rodney Borrowman (630) 247-0667