Sold $7450 an acre!
*189 ACRES* LEE COUNTY LAND AUCTION *189 ACRES*
The Following Farm Will Be Offered, At Public Auction, Held At The Resource Bank, 102 S. Indian Rd, Shabbona, Il 60550, East Side Of Town Just Off Rt. 30.
WEDNESDAY DECEMBER 12TH 2018 @ 10:00 A.M.
This Highly Productive Farm Is Located In Section 23 Of Willow Creek Twp., Just 3 Miles South West Of The Village Of Lee, Illinois And 1 Mile West Of The Dekalb County Line On Rt. 30.
The Farm Has Frontage On Johnson Road To The West, Woodlawn Road On The East And Rt. 30 On The North.
The Farm Has 177 M.O.L. tillable Acres, 13.6 Acres are CRP program until 9/30/22 These acres are made up of the waterways throughout the farm. The payment is 254.58 per acre. Paid Annually on October 1st Totaling $3,462.28
We Will Offer The Farm In 4 Parcels, As Follows:
Parcel #1, 39.81 Surveyed Acres With Frontage On Johnson Road And Rt. 30.
Parcel #2, 73.38 Surveyed Acres With Frontage On Rt. 30.
Parcel #3, 80.01Surveyed Acres With Frontage On Rt. 30 And Woodlawn Road.
Parcel #4, The Combination Of All 3 Parcels Totaling 192.77 Surveyed Acres.
All parcels will Be Offered By The Surveyed Acre. All Real Estate Taxes For The 2018 Year Will Be Paid By The Sellers. Buyers Will Be Responsible For 2019 Real Estate Taxes. The farm is available for the 2019 crop year and possession will be given at closing. Tax ID#12-23-100-002 & #12-23-200-004.
Total Real Estate Taxes paid in 2018 Are $5,011.02 or $26.50 per acre.
Terms: $10,000 Down On Each Parcel or $30,000 Down If Farm Sells As 1 Parcel on Auction Day. Balance Due At Closing. Sellers Are Willing To Close In December 28th208 Or January 11th 2019. Sellers Will Provide Guarantee Title Commitment and Survey to be completed In 2018.
Almburg Auctioneering. 815-739-3703. Steve, Adam & Andrew Almburg