Auction Information
Online Bidding SiteDEKALB COUNTY, IL LAND AUCTION BLUM
LOCATION
DeKalb County, Illinois
234.98 Taxable Acres 1 Tract
GENERAL INFORMATION
Located in Sections 20 &21, T38NR4E, Clinton Township, DeKalb County, IL.
REAL ESTATE TAX INFORMATION
PIN 14-21-300-014 - 26.61 acres - $1471.06
PIN 14-20-200-008 - 53.81 acres - $1262.98
PIN 14-21-100-008 - 154.56 acres - $7808.62
SOIL TEST RESULTS
pH P#/A K#/A
6.0 75 262
LOCATION & GENERAL INFORMATION
The Michael C. Blum Living Trust #1 real estate is located 1/2 mile southwest of Waterman, IL or 14 miles south of DeKalb, IL or 20 miles west of Aurora, IL. The property is further described as being in Sections 20 and 21, T38N-R4E, Clinton Township, DeKalb County, IL.
The farm contains a total of 234.98 taxable acres and will be sold in 1-tract. Farmers and investors, be sure to check out this investment quality, nearly 100% tillable, Class A soils farm.
TRACT INFORMATION
2...
234.98 taxable acres
FSA maps should indicate 230.93 cropland acres
Productivity Index (PI): 135.8 (Class A)
Soil types include Elpaso, Flanagan, Danabrook and Parr
Preserve Road borders along the north side and Rueff Road along the south
The farm sells subject to a Right of First Refusal - contact auction manager for details
The farm sells subject to certain Deed Covenants and Conditions - contact auction manager for details
METHOD AND TERMS
The real estate will be sold on a price per acre basis, based on the 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 April 15, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. Possession at closing and the land sells free and clear of crop tenancy for 2022. The property sells subject to a Right of First Refusal & certain Deed Covenants and Conditions. (Contact auction manager for further details).
Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.
All announcements made 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.
Michael C. Blum Living Trust #1
Michael C. Blum, Trustee
Representing Attorney:
M. Thomas Suits
114 W Mason St
Polo, IL 61064
815-946-2276
Auction Manager:
Kevin Haas (309) 264-7767
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel Information