Dekalb County Land Auction May 15th 2012

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Sold for 9300 per Acre!

Auction Details

158 ACRES* DEKALB COUNTY LAND AUCTION *158 ACRES*
PH.: 815/825-2727 All Our Auctions With Pictures Are
Advertised Worldwide @ www.almburgauctions.com
IN ORDER TO SETTLE THE ESTATE OF ROBERT & RITA BROWN
THE FOLLOWING 158 MORE OR LESS ACRES WILL BE OFFERED
AT AUCTION, LOCATED AT THE KISHWAUKEE COLLEGE
CONFERENCE CENTER, 21193 MALTA RD., MALTA, IL.
TUESDAY MAY 15th STARTING AT 11:00 A.M.
THIS HIGHLY PRODUCTIVE FARM IS LOCATED IN SECTION 26
OF MALTA TWP., JUST SOUTH OF MALTA, IL ON UNIVERSITY
RD. & JUST WEST OF DEKALB, IL ON FAIRVIEW RD. THE LAND
WILL BE OFFERED 3 WAYS, OFFERING 100 ACRE PARCEL & A
58 ACRE PARCEL. AFTER HIGH BIDS HAVE BEEN ESTABLISHED
ON EACH PARCEL, WE WILL THEN COMBINE THEM & OFFER
THE TOTAL 158 ACRES. THE FARM HAS BEEN MANAGED
UNDER A HIGH RATE OF PRODUCTION & FERTILITY & HAS
BEEN OPERATED BY THE J.P. FAIVRE PARTNERSHIP FOR THE
PAST 40 YEARS. THE SUCCESSFUL BUYER WILL RECEIVE THE
2012 CASH RENTAL INCOME & WILL PAY ALL 2012 TAXES.
TERMS FOR AUCTION: $20,000 DOWN OF EA. PARCEL ON
AUCTION DAY. BALANCE DUE ON OR BEFORE JUNE 15, 2012.
THE CROP LAND WILL BE AVAILABLE FOR THE 2013 CROP
YEAR W/POSSESSION SUBJECT TO THE REMOVAL OF 2012
CROPS. SELLERS WILL PROVIDE SURVEY & A GUARANTEED
TITLE FOR EA. PARCEL. ANNOUNCEMENTS MADE DAY OF
SALE TAKE PRECEDENCE OVER ALL OTHER ADVERTISEMENT.
PROPERTY BEING OFFERED AS-IS WITH NO CONTINGENCIES.
BUYER MUST BE WILLING TO COOPERATE WITH SELLER ON
1031 EXCHANGE.
THE FARM WILL BE OFFERED AS FOLLOWS:
PARCEL #1 100 SURVEYED ACRES. THIS PARCEL HAS
FRONTAGE ON FAIRVIEW & IS UNDER A CURRENT CASH
RENTAL LEASE W/THE J.P. FAIVRE PARTNERSHIP. ZONED A-1 &
OFFERED BY THE SURVEYED ACRE.
PARCEL #2 58 ACRES M.O.L. THIS PARCEL HAS FRONTAGE
ALONG FAIRVIEW & UNIVERSITY RDS. & IS UNDER A CURRENT
CASH RENTAL LEASE W/THE J.P. FAIVRE PARTNERSHIP.
ZONED A-1 & OFFERED BY THE SURVEYED ACRE.
PARCEL #3 COMBINATION OF PARCELS 1 & 2 TOTALING 158
SURVEYED ACRES.
ALMBURG AUCTIONEERS INC. MALTA, IL. 815-825-2727.
STEVE & ANDREW ALMBURG, AUCTIONEERS.
LIC#440.000771 #441.001160.
ROBERT & RITA BROWN ESTATE, OWNERS.
BROWN LAW GROUP, LLC, CHARLES G. BROWN, ATTORNEY
815-756-6328

 

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