Auction Information
Online Bidding Site119 Acres in Urbana, IL
Virtual Live Auction:
Auction Time: Tuesday, March 28th at 10:00 AM
Bidding Procedure
The Property will be offered in a virtual online auction format in 2 individual tracts using the Buyers Choice method of sale, whereas the high bidder at the conclusion of the first round of bidding can purchase either individual tract or both tracts for their high bid. Should the high bidder not select both tracts, the remaining tract will be offered with another round of bidding. This process will repeat until both parcels have been chosen by a high bidder. Bidding and livestream viewing will be available on MWA's website. Bidding will be on a dollars per acre basis.
The final sale price for Tract 1 will be determined by multiplying the high bid by the taxable acres. The final sale price for Tract 2 will be determined by multiplying the high bid by the surveyed acreage.
REGISTRATION
All bidders are ...
All bidders are required to register on MWA's website on or before Noon on Monday, March 27, 2023. Once the online registration form is filled out it will be automatically sent to Murray Wise Associates LLC for approval to allow bidding. Auction company may request a letter of recommendation from prospective bidders financial institution stating funds are available for the 10% deposit and that bidder has the financial capacity for final purchase
Property Description:
119 Acres of Champaign County Land with locations near Urbana, IL and St. Joseph, IL. This property offers many opportunities.
Tract 1:
49 Acres consisting of Birkbeck silt loam and Drummer silty clay loam. Potential homesite and recreational opportunities. Located just north of I-74 on Anthony Drive in Urbana, Illinois. The weighted average PI of the tillable acreage is approximately 121.
Located in Section 10 of Cunningham and Urbana Township, Champaign County, Illinois
Tract 2:
70 Acres consisting of Flanagan silt loam and Drummer silty clay loam including two outbuildings. This is a Class A farm with a weighted average PI of approximately 144. Located south of St. Joseph, Illinois on County Road 1300 North.
Located in Section 36 of St. Joseph Township, Champaign County, Illinois
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