• Property photo 1 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 2 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 3 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 4 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 5 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 6 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 7 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 8 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 9 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 10 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 11 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 12 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 13 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 14 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 15 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 16 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 17 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 18 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
  • Property photo 19 - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts
MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts

MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts

Mclean, Marshall & Lasalle Counties, Illinois

Tue, Sep 6, 2011 EASTERN

AUCTION IS OVER

• 640+/- Acres in Mclean County Along I-55 - Chenoa, IL • 1,400 +/- Acres in Marshall & Lasalle Counties, Along I-39 - Wenona, IL • Prime Illinois Farmland • Excellent Location • Development Potential • Attention Investors • Productive Tillable Farmland • Commercial & Industrial Zoning • 2 Corners of the I-55 & US 24 Interchange • Country Homes & Outbuildings • Future Development Potential • All 4 corners of the I-39 & SR 17 Interchange • Adjacent to Village of Wenona


OPEN HOUSE/INSPECTION DATES

1,400 Acres Marshall & Lasalle Counties Inspection Date:
Wednesday, August 17 from 4pm to 6pm
Meet a Murray Wise Associates representative at the buildings located on Tract 4 to learn more about the property and the sale procedure


640 Acres - Mclean County Inspection Date:
Wednesday, August 17 • 10AM to Noon
Meet a Murray Wise Associates representative at the buildings located on Tract 21 to learn more about the property and the sale procedure.

AUCTION LOCATION

South Pointe Park Community Center - El Paso, IL

PROPERTY DESCRIPTION

1,400± Acres - Marshall & Lasalle counties, IL
Along I-39 - Wenona, Illinois

  • All four corners of the I-39 and State Route 17 interchange at Wenona!
  • 19 Tracts of Productive farmland with future development potential
  • 25 Miles North of Bloomington
  • 20 Miles South of I-80
  • Adjacent to existing commercial development
  • Adjacent to Village of Wenona â€â€

    TRACT DESCRIPTIONS

    Tract 1:

    Tract 2:

    Tract 3:

    Tract 4:

    Tract 5:

    Tract 6:

    Tract 7:

    Tract 8:

    Tract 9:

    Tract 10:

    Tract 11:

    Tract 12:

    Tract 13:

    Tract 14:

    Tract 15:

    Tract 16:

    Tract 17:

    Tract 18:

    Tract 19:

    Tract 20:

    Tract 21:

    Tract 22:

    Tract 23:

    Tract 24:

    Tract 25:

    Tract 26:

    Tract 27:

    Tract 28:

    Tract 29: 113± ac

    Tract 30: 80± ac


    AREA MAP

    Satellite area map of the auction location near Mclean, Marshall & Lasalle Counties, Illinois

    • TRACT MAP(S)

    Tract map - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts

    Tract map - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts

    AREA MAP(S)

    Area map - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts

    Area map - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts

    Area map - MAJOR ILLINOIS LAND AUCTION - 2,040 Acres Offered in 30 Tracts

    PROCEDURE: The property will be offered in 30 individual tracts, any combination of tracts, or as a whole property. The property will be sold in the manner resulting in the highest total sale price.

    DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier’s check. The balance of the contract purchase price is due in cash at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING.

    SUBDIVISION APPROVAL: If Tracts 20-27 sell individually, then an application for subdivision will be required to be submitted to the City of Chenoa. The sale of these tracts will be contingent upon receiving final subdivision approval from the City of Chenoa.

    POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenants, if any.

    2011 CROP INCOME: Seller shall retain all income from the 2011 crop year.

    ACCEPTANCE OF BID PRICES: All successful bidders will sign an Agreement to Purchase at the auction site immediately following the close of bidding. All final bid prices are subject to approval or rejection by Seller.

    CLOSING: Closing shall occur within 30 days or as soon thereafter as applicable closing documents are completed.

    TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s). REAL ESTATE TAXES AND ASSESSMENTS: The 2011 calendar year taxes due and payable in 2012 shall be paid by Seller in the form of a credit at closing. The most recent tax figures available will be used to determine the amount of the credit.

    EASEMENTS AND LEASES: Sale of said property is subject to any and all easements of record.

    SURVEY: AT THE SELLER’S OPTION, the Seller shall provide a new survey after the auction and approval of high bid price where there is no existing legal description sufficient to convey title. Any need for a new survey shall be determined solely by the Seller unless such surveys are required by State or local law. The cost of the survey shall be paid by the Seller. The type of survey performed shall be at the Seller’s option and sufficient for providing a standard form owner’s title insurance policy and the transfer of merchantable title. MINERAL RIGHTS: Sale shall include 100% of the Mineral Rights owned by the Seller, if any.

    AGENCY: Murray Wise Associates LLC and Schrader Real Estate and Auction Company, Inc. are exclusive agents of the Seller. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the agreement to purchase. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an â€

    None at this time