PUBLIC AUCTION
155.94 +/- ACRES

PRIME LEE COUNTY, ILLINOIS FARMLAND

 

SATURDAY, AUGUST 22, 2020
10:00 A.M.

 

The tracts are well located approximately 4 miles Northeast of Ohio, Illinois

 

TRACT 1: 76.75 +/- Acres located in part of the W ½ of the NE ¼ of Section 26 in East Grove Township (T19N R 9E) Lee County, Illinois. (Easterly Parcel). Estimated P. I. of 111.3 with 72.23 +/- Tillable. Soils include Gilford Fine Sandy Loam, Clyde Clay Loam, Sparta Loamy Sand, Ayr Sandy Loam, La Rose Silt Loam and Odell Silt Loam.

2019 TAXES: PPN 08-20-26-200-004 - $1,756.72

 

TRACT 2: 79.19 +/- Acres located in the N ½ of the NW ¼ of Section 26 of East Grove Township (T19N R 9E) Lee County, Illinois. (Westerly Parcel). Estimated P. I. of 113.4 with 64.78 +/- Tillable. Soils include Odell Silt Loam, Wyanet Fine Sandy Loam, Ayr Sandy Loam, Sparta Loamy Sand, Adrian Muck, Selma Loam and Clyde Clay Loam

2019 TAXES: PPN 08-20-26-001 & 08-20-26-100-004 - $1,667.08

 

 

 

 

 

 

SELLERS: 
PEARL F. OWENS ESTATE

LOREN OWENS - EXECUTOR

 

 

MICHAEL ENGLISH - PRINCETON, IL - ATTORNEY FOR THE ESTATE

 

TERMS OF THE SALE

The farm will be sold on a dollar per acre basis based on surveyed acres provided by seller. The successful bidder will be required to enter into a standard purchase contract and pay ten percent (10%) down the day of the auction with the balance being due on or before December 1, 2020. Taxes for 2020 will be provided as a credit to the purchaser based on 2019 taxes. Open tenancy for 2021. A title policy in the amount of the purchase price will be furnished to the buyer at closing. All announcements made day of sale take precedence over previous advertised or announced terms and/or conditions.  Seller has the right to accept or reject any and all bids. Information is believed to be accurate but we urge all prospective buyers to thoroughly research all pertinent data and to draw their own conclusions.

 

SALE CONDUCTED BY:
DAHL REAL ESTATE

DARRELL R. DAHL - AUCTIONEER
102 NORTH MAIN

WALNUT, ILLINOIS
815 379-2447

DARRELL R. DAHL (815) 379-2447 LIC. # 440.000235

 

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