Auction Information
Online Bidding SiteBUREAU COUNTY, IL LAND AUCTION HENSEL
Friday, November 03, 2022 - 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 (844) 847-2161
LOCATION
Bureau County, Illinois
The Robert Hensel Estate farm real estate is located 4 miles south of Walnut, IL, or 10 miles northwest of Princeton, IL, or 20 miles south of Sterling, IL. The property is further described as being located in part of Section 32, T18N-R8E, Walnut Township, Bureau County, IL.
SELLER
Robert Hensel Estate
William Hensel, Executor
MANAGED BY
Kevin Haas (309) 264-7767
GENERAL INFORMATION
80 Taxable Acres 1 Tract
The farm contains a total of 80.0 taxable acres and will be sold in 1 tract, which represents mostly tillable and highly productive farmland.
Farmers and investors, be sure to check out this productive, Bureau County, IL farm real estate.
TRACT INFORMATION
...
80.0 taxable acres
FSA figures indicate 77.50 cropland acres
Productivity Index (PI): 126.3
Soil types include Biggsville, Sable and Waukegan
The balance of the acres is a small wooded area on the north end of the farm
Access along the south side from 2400 N Ave
REAL ESTATE TAX INFORMATION
PIN 03-32-400-001 - 80.0A - $2823.80
METHOD & TERMS
The real estate will be sold on a price per acre basis, based on 80 taxable acres.
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 Monday, December 4, 2023.
The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2023 income and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession will be given at the time of closing, subject to existing lease for the 2023 crop year.
Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal, or inspection of the property. All announcements made on 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.
Robert Hensel Estate
William Hensel, Executor
Representing Attorney:
John C. Isaacson | Angel, Isaacson, & Tracy
Trimble Building, 111 Park Ave E | Princeton, IL 61356 | (815) 875-6551
Auction Manager:
Kevin Haas (309) 264-7767
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Bureau County, Illinois
The Robert Hensel Estate farm real estate is located 4 miles south of Walnut, IL, or 10 miles northwest of Princeton, IL, or 20 miles south of Sterling, IL. The property is further described as being located in part of Section 32, T18N-R8E, Walnut Township, Bureau County, IL.