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SOLD AT AUCTION
Tract 1 - $9,000 per acre
Tract 2 - $9,000 per acre
Tract 3 - $8,000 per acre
Tract 4 - $7,250 per acre.

LAND AUCTION

237.17 SURVEYED ACRES - 4 TRACTS
KNOX COUNTY, ILLINOIS

AUCTION LOCATION: Best Western Prairie Inn, 300 S. Soangetaha Rd., I74 at East Main St. Exit #48, Galesburg, Illinois.

WEDNESDAY, JANUARY 25, 2012
AT 10 A.M.

PRIME FARMLAND – DEVELOPMENT PROPERTY

The tracts are generally located 2 miles east of Galesburg, IL on East Fremont Road (County 7) and north of and contiguous to the Village of East Galesburg, IL on County Road 9 (E650).

 
TRACT 1: 136.027 ACRES

LOCATION: 2 miles east of Galesburg or 1 mile north of East Galesburg at the intersection of East Fremont Road (County 7) and County Road 9 (E650), in the Southeast Quarter of Section 6, Knox Township (T.11N.-R.2E.), Knox County, IL.

DESCRIPTION: The prime tract lies level to undulating and presently includes 129.7 cropland acres according to FSA data. The balance of the property consists of a former building site in the southwest corner of the farm that could easily be converted to cropland. Primary soil types are Ipava, Osco and Sable silt loams, all highly productive Class A soils!

State: Illinois
County: Knox
Location: 006-011N-002E
Township: Knox
Acres: 136
Date: 1/1/2012

Fsa borders provided by the Farm Service Agency as of May 23, 2008.
Soils data provided by USDA and NRCS.
PLSS provided by Illinois State Geological Survey.

 
TRACT 2: 72.412 ACRES

LOCATION: ¼ mile north of East Galesburg and adjacent to the subdivision of newer homes on the east side of Lake Rice, in the South Half of Section 7, Knox Township (T.11N.-R.2E.), Knox County, IL.

DESCRIPTION: Tract 2 is considered prime farmland and development property with frontage on Moreland, Goodsill and Lakeview Drives and County Road 9. The tract lies level to undulating and consists of 68.83 cropland acres, according to FSA data. Primary soil types are Greenbush, Ipava, Rozetta and Osco silt loams, all highly productive soils!

State: Illinois
County: Knox
Location: 007-011N-002E
Township: Knox
Acres: 72.4
Date: 1/1/2012

Fsa borders provided by the Farm Service Agency as of May 23, 2008.
Soils data provided by USDA and NRCS.
PLSS provided by Illinois State Geological Survey.

 
TRACT 3: 15.589 ACRES

LOCATION: The parcel is contiguous to and in the Village of East Galesburg, being a part of the South Half of Section 7, Knox Township (T.11N.-R.2E.), Knox County, IL.

DESCRIPTION: Tract 3 has frontage on Main Street and Lakeview Drive, lies level to undulating and consists of 15.54 tillable acres according to FSA data. The primary soil type is Rozetta silt loam.

State: Illinois
County: Knox
Location: 007-011N-002E
Township: Knox
Acres: 15.6
Date: 1/1/2012

Fsa borders provided by the Farm Service Agency as of May 23, 2008.
Soils data provided by USDA and NRCS.
PLSS provided by Illinois State Geological Survey.

 
TRACT 4: 13.146 ACRES

LOCATION: The parcel is contiguous to and in the Village of East Galesburg, being a part of the South Half of Section 7, Knox Township (T.11N.-R.2E.), Knox County, IL.

DESCRIPTION: Tract 4 has frontage on Main Street and Lakeview Drive, is adjacent to Tract 3 and a residential section of the Village of East Galesburg. The acreage lies level to rolling and presently consists of timber and open grassland. There are several select building sites along Lakeview Drive.

State: Illinois
County: Knox
Location: 007-011N-002E
Township: Knox
Acres: 13.4
Date: 1/1/2012

Fsa borders provided by the Farm Service Agency as of May 23, 2008.
Soils data provided by USDA and NRCS.
PLSS provided by Illinois State Geological Survey.

 

TERMS: The tracts have been recently surveyed and will be sold by the bidder’s choice method of marketing. Ten percent (10%) of the purchase price to be paid down at time of sale with balance due on or before February 25, 2012. Full possession will be given at the closing. Title insurance provided. The seller will pay the 2011 real estate taxes payable in 2012 and the buyer(s) shall pay all subsequent taxes. All statements and representations are believed to be correct, however, the sellers and the auctioneers make no warranties, expressed or implied. An agreement covering conditions of sale will be signed by the buyer(s) and the seller at the close of the auction and the terms thereof are incorporated herein by reference. Any announcements made on the day of sale will supersede those previously advertised.

NOTE: This is an outstanding offering of exceptionally well located, prime farmland and development property. We invite farm operators, investors, developers and sportsmen to inspect the property and to be prepared to purchase at the auction! The complete listing with maps and color photos is available online @ www.biddersandbuyers.com and may be obtained by contacting the auction firm.

WILLIAM M. SWANSON ESTATE

Attorney: John J. Blake for the Blake Law Office
250 E. Main St.-Suite 303-5, Galesburg, IL 61401 – Ph. (309)343-3155
Winship Farm Management - Harold Winship
250 E. Main St.-Suite 212, Galesburg, IL 61402-1618 – Ph. (309)342-2800

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