MCLEAN COUNTY, IL LAND AUCTION - WINTERLAND

Tract 1 – 139.53 surveyed acres

• FSA records should indicate 131 NHEL cropland acres (estimated)
• Productivity Index (PI): 128.3
• Soil types include Chenoa, Ashkum, Graymont, and Andres
• The balance of this tract contains several machinery storage buildings and a large yard
• Several mature trees make this an excellent building site
• Access along the south side from E 2550N Rd

Tract 2 – 139.53 surveyed acres

• FSA figures should indicate 138 NHEL cropland acres (estimated)
• Productivity Index (PI): 130.1
• Soil types include Chenoa, Ashkum, Graymont, and Drummer and Elpaso
• Former country school site sits in the southeast corner of this tract
• Access along the south side from E 2550N Rd

All tracts will be sold on a price per acre basis, based on surveyed acres, and will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect either tract for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until both tracts have been elected. The tracts will NOT be offered in their entirety 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 Friday, March 29, 2024.

The seller will provide title insurance in the full amount of the purchase price. Seller will pay the 2023 real estate taxes due in 2024 with a credit at closing. Buyer pays 2024 taxes and beyond. 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”.

This farm has a Wind Energy Lease Option Agreement with the Lexington Chenoa Wind Farm II LLC wind project. This option agreement is dated June 1, 2021 with an option term of 4 years. There was a one-time payment received upon signing, with no annual payments after that. Refer to the attached documents for more information.

Henry Winterland Trust will also be selling items in the Wednesday, February 28, 2024 IL & IA Focus Auction.

Highlights include: ‘76 JD 4630 2WD Tractor, ‘75 JD 4430 2WD Tractor, ‘74 JD 2630 2WD Tractor w/Loader, '83 JD 6620 2WD Combine; JD 21 Hay conditioner; JD 643 6R30” Corn Head; JD 220 20’ Platform Head; DMI D312A Gravity Wagon; (2) DMI Gravity Wagon; Gravity Wagon w/Auger; PLUS MORE!

Click here for the full listing and bidding catalog

Contact Jake Firkins at (217) 714-5266 for questions about the machinery items.

PIN 10-02-200-002 - 271.52A - $11,090.88

Tract 1

• pH - 6.4
• P - 59#/A
• K - 404#/A

Tract 2

• pH - 6.3
• P - 51#/A
• K - 350#/A