McDonough County, IL Land Auction - McDonald
McDonough County, IL Land Auction - McDonald
See Special Terms for additional fees
Description
The live auction will be held at the Macomb V.F.W., 1200 East Jefferson St., Macomb, IL 61455.
Bidders are invited to join us at the auction venue or to participate remotely online from your home or office. No buyer’s premium will be charged.
106.00 SURVEYED ACRES – 2 TRACTS - McDONOUGH COUNTY, ILLINOIS
The McDonald farm features highly productive Class A farmland!
Physical Address: 20120 E. 1400TH Street, Good Hope, IL 61438
The property is located 2.5 miles NE of Good Hope or 8 miles North of Macomb, IL at the intersection of N. 2000th Road and E. 1400th Street.
SELLER: THE McDONALD FARM
Linda K. McDonald, Trustee
ATTORNEY: George Hennenfent | McMillan, Hennenfent & DeJoode P.C.
120 North Main St., Roseville, IL 61473 Ph. 309-426-2176
AUCTIONEERS: Van Adkisson (309)337-1761 & Jeff Gregory (309)337-5255
INTERNET BIDDING: Heather Gregory (309)337-2217
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Terms of Sale
Lot # 0 (Sale Order: 1 of 3)
* This Lot is for informational purposes only *
The McDonald farm features highly productive Class A farmland!
Click here to view the Aerial Tour
SALE PROCEDURE: Tracts 1 and 2 will be offered by Bidder's Choice and Privilege whereby the high bidder in the first auction session shall have the privilege to select either one or both tracts. In the event that one tract is selected the remaining tract will then be sold.
TERMS OF SALE: Ten percent (10%) of the purchase price to be paid down at time of sale. Tract 1 closing on December 21, 2023. Tract 2 closing on January 5, 2024. Buyers will receive full possession at the closings for the 2024 crop year. Title insurance will be provided. The 2023 real estate taxes payable in 2024 will be paid by the seller. The farm is selling with no contingencies. Bidders must have financing arrangements made prior to participating in the auction. All statements and representations herein are believed to be correct, however, the sellers and the auctioneers make no warranties or guarantees expressed or implied. Any announcements made on the day of sale will supersede those previously advertised. Van Adkisson Auction Service LLC serves solely as agent for the seller and assumes no liability of any kind with the property being sold.
SELLER: THE McDONALD FARM
Linda K. McDonald, Trustee
Attorney: George Hennenfent | McMillan, Hennenfent & DeJoode P.C.
120 North Main St., Roseville, IL 61473 Ph. 309-426-2176
AUCTIONEERS: Van Adkisson (309)337-1761 & Jeff Gregory (309)337-5255
INTERNET BIDDING: Heather Gregory (309)337-2217
Click here to view the full listing on our website
Tract 1 - The North 53.00 Acres (M/L)
Lot # 1 (Sale Order: 2 of 3)
Quantity: 53
Tract 1 lies level to undulating and is 100% tillable. Primary soil types are highly productive Sable, Osco and Ipava silt loams with a PI rating of 142.3.
Tract 2 - The South 53.00 Acres (M/L)
Lot # 2 (Sale Order: 3 of 3)
Quantity: 53
Tract 2 is located directly south of Tract 1 and is all tillable with the exception of a small building site improved with a single car garage, a small metal clad storage building and a few trees. The building site could easily be converted to cropland should the new owner desire. Primary soil types are Osco, Sable and Ipava silt loams with a PI rating of 141.6.
