+/- 27.35 Acres; +/- 15.15 Wooded Acres, +/- 12.20 Tillable Acres, 125.6 PI
Standalone tract, cannot be bid on in combination.
Part of section 30, T19N- R12W Catlin TWP. Vermilion County, IL.
PIN# 22-30-200-017, Real Estate Tax = $614.54 = $22.47 per acre.
AUCTION, +/- 27.35 acres, Catlin Twp. Vermilion County, Illinois
AUCTION, +/- 168.22 acres, 3 Tracts, Catlin & Danville, Twp’s, Vermilion County, Illinois
+/- 168.22 Acres, Offered in 3 Tracts
Catlin Twp. and Danville Twp. Vermilion County, IL.
Auction Time & Date:
Tuesday, 10:00 AM, January 9th.
Auction Location:
Turtle Run Banquet Center
332 E Liberty Ln, Danville, IL 61832
Productive Tillable Land
Commercial and Residential Development Potential
High Traffic Counts
Wooded Recreational Land
Open Farm Tenancy for 2024
T1: +/- 27.35 Acres; +/- 15.15 Wooded Acres, +/- 12.20 Tillable Acres, 125.6 PI
Standalone tract, cannot be bid on in combination.
Part of section 30, T19N- R12W Catlin TWP. Vermilion County, IL.
PIN# 22-30-200-017, Real Estate Tax = $614.54 = $22.47 per acre.
T2: +/- 56.67 Acres; +/- 51.64 Tillable Acres, 143.9 PI.
Part of section 32, T19N – R11W, Danville TWP. Vermilion County, IL.
PIN# 23-32-100-001, Real Estate Tax = $3,327.72 = $58.68 per acre.
T3: +/- 84.20 Acres; +/- 68.60 Tillable Acres, 129.2 PI
Part of section 32, T19N- R11W Danville TWP. Vermilion County, IL.
PIN# 23-32-100-010, Real Estate Tax Total = $3,461.10 = $41.11 per acre.
Land Broker and Auctioneer
Travis M Selby
IL AUCTION Lic.# 441001485
217-304-1686
Auction terms and conditions:
Procedure: T1 will be offered individually. Bidding for T2 and T3 will open after T1 bidding is closed.
T2 and T3 will be offered as individual tracts, and as a combination of T2 and T3. Bidding shall remain open until the auctioneer announces bidding closed.
The auction will be conducted publicly with online bidding available for pre-registered online bidders.
BIDDING IS NOT CONDITIONAL UPON FINANCING.
Acceptance of Bid Prices/Contracts: All successful bidders will sign a sale contract at the auction site immediately following the close of the bidding.
Down Payment: A 10% earnest money deposit of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of a personal check, business check, or cashiers check. The balance of the contract purchase price is due at closing.
Closing: T1 closing shall take place 30 days after the auction day, or as soon thereafter as applicable closing documents are completed. The anticipated closing date for T1 shall be February 8th, 2024.
T2 and T3 closing shall take place 45 days after the auction day subject to approval of Vermilion County, IL Circuit Court.
Possession: Possession will be given at closing. Open tenancy for 2024 crop year.
Survey: T1 will be sold per deeded acre. A new survey shall not be provided, and the sales shall not be subject to a survey.
A new survey has been provided for T2 and T3.
Title: Sellers shall provide an Owners Policy of Title Insurance in the amount of the purchase price and shall execute a deed conveying to the buyer(s). Sellers shall pay the premium for the Title Insurance Policy and the sellers search charges. Commitments for Title Insurance will be available for review at the office of the auctioneer and at the auction site. Bidders shall be deemed to have reviewed and approved the Title Commitments by submitting bids.
Real Estate Taxes and Assessments: Buyer shall receive a tax credit from seller at closing for the 2023 real estate tax due and payable in 2024 in the amount of: T1: $614.54; T2: $3,327.72; T3: $3,461.10
The buyer shall be responsible for paying 100% of the 2023 real estate tax due and payable in 2024.
Mineral Rights: The sale of the property shall include all mineral rights owned by the seller.
Agency: Ag Exchange Inc. and their representatives are exclusive agents of the Seller.
Disclaimer and Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the sales contract.
ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
The property is being sold on an as is basis, and no warranty or representation either expressed or implied, concerning the condition of the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning this property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the sellers or the auction company. All sketches and dimensions in this brochure are approximate. Photographs are used for illustrative purposes only. Conduct at the auction and increments of the bidding are at the discretion of the auctioneer. The sellers and the auction company reserve the right to preclude any person from bidding and to remove any person from the auction if there is any question as to the persons credentials, fitness, conduct, etc. All decisions of the auctioneer are final.
T1 Seller: Carolyn J Schlorff
T2 and T3 Seller: Heirs of Dorthy Dunsmore
14.05 WOODED ACRES, VERMILLION COUNTY, IN
+/- 14.05 Wooded Acres, Vermillion County, IN.
Property has a variety of terrain changes with a mix of mature hardwood timber. Excellent recreational property offering deer, turkey, and small game hunting.
Black Top Road frontage on 75W. Several sites suitable for a home or cabin.
JOINK, Internet fiber runs along 75W.
Vermillion County, IN Assessor parcel number: 83-06-07-300-002.000-005
Location Address:
Property is located just south of 3107 N 75W Cayuga, IN 47928
Terms of sale: 10% down, closing to occur 30 days after signing of the sale agreement. Sale shall not be conditional upon financing.
Property will be shown to financially qualified buyers only.
Contact Travis Selby
217.304.1686
AUCTION +/- 286.37 Acres, 7 Tracts Akron and Hallock Twp. Peoria County, IL.
SOLAR LEASE and SOLAR LEASE OPTIONS IN PLACE – PHASE 2
Excellent Investment Opportunity
FARMLAND AUCTION
+/- 286.45 Acres, 7 Tracts
Akron and Hallock Twp. Peoria County, IL.
Auction Time & Date:
10 AM, December 5th
Auction Location:
Holiday Inn
7601 N. Orange Prairie Road, Peoria, IL 61615
In Person Public Auction with Online Internet Bidding.
MULTI PARCEL, 7 TRACT AUCTION
Class A SOILS
2024 Open Farm Tenancy
Solar Lease and Solar Lease Options
Excellent Investment Opportunity
Farm Location Address:
Located south of 19709 N STATE ROUTE 40, EDELSTEIN, IL, 61526
+/- 286.45 acres consisting of +/- 138.43 acres located in part of section 24, T11N R7E Akron, Twp.
and +/- 148.03 acres located in part of section 19, T11N R8E Hallock Twp. Peoria County, IL.
T1: +/- 49.68 Acres, 140.0 PI. Solar Lease Option Permitting in place – Phase 2.
Site 1: Minimum payment once final construction is completed will be $20,000 per year with a 2% annual increase.
Lease option contracts available upon request. See attached T1 site plan maps.
Site 2: Minimum payment once final construction is completed will be $20,000 per year with a 2% annual increase.
Lease option contracts available upon request. See attached T1 site plan maps.
Part of section 19, T11N R8E Akron TWP. Parcel ID: 00324200002; Estimated Real Estate Tax: $2,643.46
T2: +/- 50.00 Acres, 139.5 PI.
Part of section 19, T11N R8E Akron TWP. Parcel ID: 0324200003; Estimated Real Estate Tax: $2,659.44
T3: +/- 38.75 Acres, 139.5 PI.
Part of section 19, T11N R8E Akron TWP. Parcel ID: 0324426001; Estimated Real Estate Tax: $1,909.42
T4: +/- 74.94 Acres, 132.4 PI.
Part of section 19, T11N R8E Hallock TWP. Parcel IDs: 0419100001; 72.95 Acres, and 0419100004; 2.00 Acres.
Estimated Real Estate Tax: $ 3,206.46
T5: +/- 33.00 Acres, 131.8 PI.
Part of section 19, T11N R8E Hallock TWP. Parcel ID: 0419100005; Estimated Real Estate Tax: $1,389.66
T6: +/- 19.83 Acres, 131.8 PI. Solar Farm Lease. The next payment payable in August 2024 to the new owner will be $21,224.16.
Part of section 19, T11N R8E Hallock TWP. Parcel ID: 0419100012; Estimated Real Estate Tax: Paid by lease holder. 20-year solar lease with a 2% increase per year, signed in 2020, with two, 5-year extension options. The first payment was made in August 2021, and last payment will be August 2040.
T7: +/- 20.17 Acres, 133.7 PI. Solar Lease Option Permitting in place – Phase 2.
Minimum payment once final construction is completed will be $20,000 per yr with a 2% annual increase.
Lease option contracts available upon request.
Part of section 19, T11N R8E Hallock TWP. Parcel ID: 0419100012; Estimated Real Estate Tax: $ 930.92.
Travis M. Selby
Land Broker and Auctioneer # 441001485
217.304.1686 cell
WWW.AGEXCHANGE.COM
Auction Terms and Conditions:
Procedure: The farm will be offered as 7 individual tracts, any combination of tracts and as a total of +/- 286.36 acres. There will be open bidding on all tracts and combinations during the auction. The auction will be conducted publicly with online bidding available for pre-registered online bidders. Bidding shall remain open until the auctioneer announces bidding closed.
BIDDING IS NOT CONDITIONAL UPON FINANCING.
Acceptance of Bid Prices/Contracts: All successful bidders will sign a sale contract at the auction site immediately following the close of the bidding.
Down Payment: A 10% earnest money deposit of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of a personal check, business check, or cashiers check. The balance of the contract purchase price is due at closing.
Closing: Closing shall take place 36 days after auction day, or as soon thereafter as applicable closing documents are completed.
The anticipated closing date shall Thursday, January 5th, 2023.
Possession: Possession will be given at closing. Open tenancy for 2024 crop year.
Survey: A new survey shall not be provided, and the sale shall not be subject to a survey. The farm tracts will be sold per deeded acre.
Title: Sellers shall provide an Owners Policy of Title Insurance in the amount of the purchase price and shall execute a warranty deed conveying to the buyer(s). Sellers shall pay the premium for the Title Insurance Policy and the sellers search charges. Commitments for Title Insurance will be available for review at the office of the auctioneer and at the auction site. Bidders shall be deemed to have reviewed and approved the Title Commitments by submitting bids.
Real Estate Taxes and Assessments: Buyer shall receive a tax credit from seller at closing for the 2023 real estate tax due and payable in 2024 in the amount of:
T1: $2,643.46; T2: $2,659.44; T3: $1,909.42; T4: $3,206.46; T5: $1,389.66; T6:Paid by lease Holder; T7: $930.92.
The buyer shall be responsible for paying 100% of the 2023 real estate tax due and payable in 2024.
Mineral Rights: The sale of the property shall include all mineral rights owned by the seller.
Agency: Ag Exchange Inc. and their representatives are exclusive agents of the Seller.
Disclaimer and Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the sales contract.
ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
The property is being sold on an as is basis, and no warranty or representation either expressed or implied, concerning the condition of the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning this property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the sellers or the auction company. All sketches and dimensions in this brochure are approximate. Photographs are used for illustrative purposes only. Conduct at the auction and increments of the bidding are at the discretion of the auctioneer. The sellers and the auction company reserve the right to preclude any person from bidding and to remove any person from the auction if there is any question as to the persons credentials, fitness, conduct, etc. All decisions of the auctioneer are final.
Seller: HAKES FARMING, LLC.
AUCTION, +/- 279.47 Acres, 3 Tracts, Vermilion and Iroquois County, IL.
FARMLAND AUCTION
+/- 279.47 Acres offered in 3 Tracts
Grant TWP. Vermilion County, IL & Ash Grove Twp. Iroquois County, IL.
10 AM, December 7th
Auction Location:
Town and Country Event Center
35 E Jones St, Milford, IL 60953
Productive Soils
Excellent Investment Opportunity
Open Farm Tenancy for 2024 crop year
T1: +/- 81.46 Acres, +/- 76.09 Tillable Acres, 126.8 PI
Part of section 6, T23N R11W Grant TWP. Vermilion County, IL.
PIN 04-06-100-005 and the north half of PIN 04-06-300-002 and the north half of PIN 04-06-400-001.
Estimated real estate tax = $3,165.68 = $38.86 per acre.
T2: +/- 80 Acres, +/- 77 Tillable Acres, 130 PI
Part of section 6, T23N R11W Grant TWP. Vermilion County, IL.
The south half of PIN 04-06-300-002 and south half of PIN 04-06-400-001.
Estimated real estate tax = $3,111.20 = $38.89 per acre.
T3: +/- 118 Acres, +/- 113.68 Tillable Acres, 120.4 PI
Part of section 13, T25N R13W, Ash Grove TWP. Iroquois County, IL.
PIN 32-13-100-004. Estimated real estate tax = $3,139.04 = $26.60 per acre
T3 Yield History:
2014 222 Corn
2015 54 Soybeans
2016 197 Corn
2017 62 Soybeans
2018 218 Corn
2019 38 Soybeans
2020 202 Corn
2021 59 Soybeans
2022 207 Corn
2023 69 Soybeans
Land Broker and Auctioneer, Travis Selby
IL AUCTION Lic.# 441001485
217-304-1686
WWW.AGEXCHANGE.COM
Stephanie Spiros
Owner and Managing Broker
217.304.0404
Procedure: T1 and T2 will be offered as two individual tracts, and as a combination. T3 is a stand-alone tract. T3 will not be combined in a combination bid. The auction will be conducted publicly with online bidding available for pre-registered online bidders. Bidding shall remain open until the auctioneer announces bidding closed.
BIDDING IS NOT CONDITIONAL UPON FINANCING.
SALES ARE SUBJECT TO THE OWNERS CONFIRMATION.
Acceptance of Bid Prices/Contracts: All successful bidders will sign a sale contract at the auction site immediately following the close of the bidding.
Down Payment: A 10% earnest money deposit of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of a personal check, business check, or cashiers check. The balance of the contract purchase price is due at closing.
Closing: Closing shall take place 36 days after auction day, or as soon thereafter as applicable closing documents are completed. The anticipated closing date shall be on or before January 12th, 2024.
Possession: Possession will be given at closing.
Title: Sellers shall provide an Owners Policy of Title Insurance in the amount of the purchase price and shall execute a warranty deed conveying to the buyer(s). Sellers shall pay the premium for the Title Insurance Policy and the sellers search charges. Commitments for Title Insurance will be available for review at the office of the auctioneer and at the auction site. Bidders shall be deemed to have reviewed and approved the Title Commitments by submitting bids.
Real Estate Taxes and Assessments: Buyer shall receive a tax credit from seller at closing for the 2023 real estate tax due and payable in 2024 in the amount of: T1 = $3,165.68; T2 = $3,111.20; T3 =$3,139.04.
The buyer shall be responsible for paying 100% of the 2023 real estate tax due and payable in 2024.
Mineral Rights: the sale of the property shall include all mineral rights owned by the seller, if any.
Agency: Ag Exchange Inc. and its representatives are Exclusive Agents of the Seller.
Survey T1 and T2: A new survey shall be provided where there is no existing legal description. Any need for a new survey shall be determined solely by the seller. The cost of a new survey will be split equally between buyer and seller. The type of survey performed shall be at the sellers option and sufficient for providing title insurance. The final sale price of T1 and T2 will be the high bid amount times the final surveyed acres.
Survey T3: The sale of T3 shall not be subject to a survey.
T3 acreage is approximate and has been determined by deeds, legal description, and aerial photographs.
Disclaimer and Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the sales contract.
ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
The property is being sold on an as is basis, and no warranty or representation either expressed or implied, concerning the condition of the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning this property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the sellers or the auction company. All sketches and dimensions in this brochure are approximate. Photographs are used for illustrative purposes only. Conduct at the auction and increments of the bidding are at the discretion of the auctioneer. The sellers and the auction company reserve the right to preclude any person from bidding and to remove any person from the auction if there is any question as to the persons credentials, fitness, conduct, etc. All decisions of the auctioneer are final.
T1 and T2 Seller: Scott E. Stewart
T3 Seller: Clayton J. Holycross
AUCTION, +/- 120 Acres, 2 Tracts, West Twp. Effingham County, IL
FARMLAND AUCTION
+/- 120 Acres offered in 2 Tracts
West Twp. Effingham County, IL.
10 AM, November 28th
Auction Location:
Carriage House Event Center
8 West Carriage Lane, Altamont, IL 62411
Live in Person, Public Auction with Online Internet Bidding.
MULTI PARCEL, 2 TRACT AUCTION
100% tillable tracts
2024 Open Farm Tenancy
Excellent Farmland Investment Opportunity
T1: +/- 40 Acres, 109.6 PI. 100% Tillable Tract.
Located in the SW of the SW of section 26, T6N R4E,
West Twp. Effingham County, IL. Parcel ID: 15-01-026-004.
2022 real estate tax payable 2023 = $831.44 = 20.79 per acre.
T2: +/- 80 Acres, 113.8 PI. 100% Tillable Tract.
Located in the NE of the NW and the N of the NE , section 35, T6N R4E,
West Twp. Effingham County, IL. Parcel ID: 15-01-035-012.
2022 real estate tax payable 2023 = $1,874.40 = $23.43 per acre.
Auction terms and conditions:
Procedure: The farm will be offered as 2 individual tracts, and as a combination of the 2 tracts combined. There will be open bidding on the individual tracts and as a combination of the 2 tracts during the auction. The auction will be conducted publicly with online bidding available for pre-registered online bidders. Bidding shall remain open until the auctioneer announces bidding closed.
BIDDING IS NOT CONDITIONAL UPON FINANCING.
Acceptance of Bid Prices/Contracts: All successful bidders will sign a sale contract at the auction site immediately following the close of the bidding.
Down Payment: A 10% earnest money deposit of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of a personal check, business check, or cashiers check. The balance of the contract purchase price is due at closing.
Closing: Closing shall take place 45 days after auction day, or as soon thereafter as applicable closing documents are completed.
The anticipated closing date shall be Friday, January 12th, 2023.
Possession: Possession will be given at closing. Open tenancy for 2024 crop year.
Survey: A new survey shall not be provided, and the sales shall not be subject to a survey. The farm tracts will be sold per deeded acre.
Title: Sellers shall provide an Owners Policy of Title Insurance in the amount of the purchase price and shall execute a warranty deed conveying to the buyer(s). Sellers shall pay the premium for the Title Insurance Policy and the sellers search charges. Commitments for Title Insurance will be available for review at the office of the auctioneer and at the auction site. Bidders shall be deemed to have reviewed and approved the Title Commitments by submitting bids.
Real Estate Taxes and Assessments: Buyer shall receive a tax credit from seller at closing for the 2023 real estate tax due and payable in 2024. T1 tax credit = $831.44. T2 tax credit = $1,874.40. The buyer shall be responsible for paying 100% of the 2023 real estate tax due and payable in 2024.
Mineral Rights: The sale of the property shall include all mineral rights owned by the seller.
Agency: Ag Exchange Inc. and their representatives are exclusive agents of the Seller.
Disclaimer and Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the sales contract.
ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
The property is being sold on an as is basis, and no warranty or representation either expressed or implied, concerning the condition of the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning this property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the sellers or the auction company. All sketches and dimensions in this brochure are approximate. Photographs are used for illustrative purposes only. Conduct at the auction and increments of the bidding are at the discretion of the auctioneer. The sellers and the auction company reserve the right to preclude any person from bidding and to remove any person from the auction if there is any question as to the persons credentials, fitness, conduct, etc. All decisions of the auctioneer are final.
Seller: Alyssa Smith, Ashlee Smith, and Amber Simpson
Custard Cup, A Danville, IL tradition since 1949!
AUCTION
10 AM, October 26th
Custard Cup
A Danville tradition since 1949!
Serving families of Vermilion County, IL its iconic ice cream for 74 yrs.
Turnkey Business Established in 1949!
Business / Property / Proprietary Mix
2507 N. Vermilion St. Danville, IL 61832
To be sold at Public Auction.
10 AM, October 26th
Auction Location:
Turtle Run Banquet Center
332 E Liberty Ln, Danville, IL 61832
Online and in Person Public Auction
The sale shall include the Business, including equipment, inventory, goodwill, the Custard Cup name, and the right to use the proprietary Custard Cup ice cream mix within the geographic boundaries of Vermilion County, Illinois.
Real estate:
2507 N. Vermilion Street Danville, IL 61832
Zoned B-2 Highway Business District.
Rectangular lot, 157.50 ft x 200 ft.
760 square ft masonry building.
16 x 22 garage used for storage.
High traffic counts located at the corner of North Vermilion and Ridgeview streets.
Vermilion County, IL. Assessor Parcel Number: 18-29-401-020
2022 payable 2023 real estate tax = $5,770.28
Contact Broker and Auctioneer
Travis M. Selby
Auctioneer # 441001485
217.304.1686 cell
Auction Terms and conditions:
Procedure: In Person, Public Auction and Online Internet Bidding.
REAL ESTATE SALE:
Possession: Possession will be given at closing.
Title: The Owners shall provide an Owners Policy of Title Insurance in the amount of $220,000.00, the designated amount of the purchase price of the real estate and shall execute a deed sufficient for conveying ownership to the Purchaser(s). The Owners shall pay the premium for the Title Insurance Policy and the Sellers search charges.
Commitments for Title Insurance will be available for review at the office of the auctioneer and at the auction site.
Bidders shall be deemed to have reviewed and approved the Title Commitments by submitting bids.
Real Estate Taxes and Assessments:
The 2023 real estate tax payable in 2024 shall be prorated from January 1, 2023, to the day of closing.
Survey: A new survey shall not be provided, and the sale of the Real estate shall not be subject to a survey.
Real Estate to be Sold As-Is, Where-Is: The improvements on the Real estate are being sold on an as is, where-is basis, and no warranty or representation either expressed or implied, concerning the condition of the improvements on the Real estate are made by the Owners of the Real Estate or Ag Exchange. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning this real estate and the Business.
Real Estate Sellers: Jarling Trust dated August 27, 2009, as to a 1/3 interest and Rodney Smart, as to a 1/3 interest and Douglas Jarling, as to a 1/3 interest.
BUSINESS SALE:
ASSET SALE OR STOCK PURCHASE: The Business shall be sold either as an asset purchase, or as the purchase of the stock of Custard Cup, Inc, an Illinois Corporation, as the Purchaser shall determine. The sale of the Business, including equipment, inventory, goodwill, the Custard Cup name, and the right to use the proprietary Custard Cup ice cream mix within the geographic boundaries of Vermilion County, Illinois, and nowhere else.
GOOD STANDING OF CORPORATION:
Custard Cup Inc, an Illinois Corporation in good standing with the Illinois Secretary of State.
GENERAL CONDITIONS:
The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Owners or Shareholders or Ag Exchange. All sketches and dimensions in this brochure are approximate. Photographs are used for illustrative purposes only. The conduct of the auction and increments of the bidding are at the discretion of the auctioneer.
Bidding is not conditional upon financing.
Acceptance of Bid Prices/Contracts: All successful bidders will sign a sale contract at the auction site immediately following the close of the bidding. Copies of such contracts are available for review at the office of the auctioneer.
Down Payment: A 10% earnest money deposit of the total contract purchase price will be due immediately after being declared the Purchaser. The down payment may be paid in the form of a personal check, business check, or cashiers check. The balance of the contract purchase price is due at closing by cashiers check.
Closing: Closing shall take place 33 days after auction day, or as soon thereafter as applicable closing documents are completed. The anticipated closing date is on or before Tuesday, November 28, 2023.
The Owners and Shareholders and Ag Exchange reserve the right to preclude any person from bidding and to remove any person from the auction if there is any question as to the persons credentials, fitness, conduct, etc.
AUCTION, +/- 460.39 Acres, CLASS A SOILS, Catlin TWP. Vermilion County, Illinois
FARMLAND AUCTION
Class A Soils
+/- 460.39 Acres, Offered in 5 Tracts
Catlin TWP. Vermilion County, IL.
Auction Time & Date:
Thursday, 10:00 AM, November 9th.
Auction Location:
Georgetown Fair Banquet Center
413 N Seminary Street
Georgetown, IL. 61846
Farm tracts are located 1 mile west of Westville, IL on County HWY 5, and 1.5 miles south of Catlin, IL on County HWY 7, and 2.5 miles south of Catlin IL on County Rd. 1100 North.
Part of sections 9,10, 11, and 1, T18N- R12W Catlin TWP. Vermilion County, IL.
Class A Soils.
T1, T2, T3, and T4, system tiled farms.
Highly Productive Drummer and Flanagan Soils.
Open farm tenancy for 2024.
Online and In Person, Multi Parcel Bidding.
T5 is a standalone tract.
Impressive Yield History, See attached Production History PDF.
T1: +/- 80.00 Acres; +/- 77.03 Tillable Acres, 143.3 PI
Part of section 10 and section 11, T18N- R12W Catlin TWP. Vermilion County, IL.
PIN# 27-10-200-002 (40.00A); tax = $2,656.40
PIN# 27-11-100-001 (40.00A); tax = $2,726.38
2022 payable 2023 Real Estate Tax Total = $5,382.78 = $67.28 per acre.
T2: +/- 118.69 Acres; +/- 117.9 Tillable Acres, 142.8 PI.
Part of section 11, T18N- R12W Catlin TWP. Vermilion County, IL.
PIN# 27-11-100-002 (78.79A); tax = $5,123.78
PIN# 27-11-300-004 (39.75A); tax = $2,601.74
PIN# 27-11-300-005 (00.15A); tax = $ 0
2022 payable 2023 Real Estate Tax Total = $7,725.52 = $65.09 per acre.
T3: +/- 116.21 Acres; +/- 115.23 Tillable Acres, 140.8 PI
Part of section 11, T18N- R12W Catlin TWP. Vermilion County, IL.
PIN# 27-11-200-005 (116.21A)
2022 payable 2023 Real Estate Tax Total = $7,093.38 = $61.04 per acre.
T4: +/- 48.22 Acres; 100% Tillable Tract, 144 PI
Part of section 1, T18N- R12W Catlin TWP. Vermilion County, IL.
PIN# 27-01-400-010 (09.22A); tax = $ 615.56
PIN# 27-01-400-007 (39.00A); tax = $2,526.24
2022 payable 2023 Real Estate Tax Total = $3,141.80 = $65.15 per acre.
T5: +/- 97.27 Acres in total; 100% Tillable Tract, 143.8 PI.
Standalone tract, cannot be bid on in combination.
Part of section 9 and section 10, Catlin TWP, T18N R12W, Vermilion County, IL.
PIN# 27-09-400-002 (20.00 acres); tax = $1,384.22
PIN# 27-10-300-006 (27.67 acres); tax = $1,815.06
PIN# 27-10-300-005 (49.60 acres); tax = $3,294.40
2022 payable 2023 real estate tax = $6,493.68 = $66.75 per acre.
Land Broker and Auctioneer, Travis Selby
IL AUCTION Lic.# 441001485
217-304-1686
WWW.AGEXCHANGE.COM
Auction terms and conditions:
Procedure: T1, T2, T3, and T4 shall be offered individually with multi parcel bidding.
T5 will be offered individually. T5 is a standalone tract, cannot be bid on in combination with other tracts.
The auction will be conducted publicly with online bidding available for pre-registered online bidders. Bidding shall remain open until the auctioneer announces bidding closed.
BIDDING IS NOT CONDITIONAL UPON FINANCING.
Acceptance of Bid Prices/Contracts: All successful bidders will sign a sale contract at the auction site immediately following the close of the bidding.
Down Payment: A 10% earnest money deposit of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of a personal check, business check, or cashiers check. The balance of the contract purchase price is due at closing.
Closing: Closing shall take place 33 days after auction day, or as soon thereafter as applicable closing documents are completed.
The anticipated closing date shall be Tuesday December 12th, 2023.
Possession: Possession will be given at closing subject to the existing 2023 crop lease. Open tenancy for 2024 crop year.
Survey: A new survey shall not be provided, and the sales shall not be subject to a survey. The farms will be sold per deeded acre.
Title: Sellers shall provide an Owners Policy of Title Insurance in the amount of the purchase price and shall execute a Trustees deed conveying to the buyer(s). Sellers shall pay the premium for the Title Insurance Policy and the sellers search charges. Commitments for Title Insurance will be available for review at the office of the auctioneer and at the auction site. Bidders shall be deemed to have reviewed and approved the Title Commitments by submitting bids.
Real Estate Taxes and Assessments: Buyer shall receive a tax credit from seller at closing for the 2023 real estate tax due and payable in 2024 in the amount of: T1: $5,382.78; T2: $7,725.52; T3: $7,093.38; T4: $3,141.80; T5: $6,493.68.
The buyer shall be responsible for paying 100% of the 2023 real estate tax due and payable in 2024.
Mineral Rights: The sale of the property shall include all mineral rights owned by the seller.
Agency: Ag Exchange Inc. and their representatives are exclusive agents of the Seller.
Disclaimer and Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the sales contract.
ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
The property is being sold on an as is basis, and no warranty or representation either expressed or implied, concerning the condition of the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning this property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the sellers or the auction company. All sketches and dimensions in this brochure are approximate. Photographs are used for illustrative purposes only. Conduct at the auction and increments of the bidding are at the discretion of the auctioneer. The sellers and the auction company reserve the right to preclude any person from bidding and to remove any person from the auction if there is any question as to the persons credentials, fitness, conduct, etc. All decisions of the auctioneer are final.
T1, T2, T3, and T4 Seller: ACWE HOLDINGS INC.
T5 Seller: Freda M Varner
+/- 130.5 Acres, Ashkum TWP. Iroquois County, IL
+/- 130.5 Acres, part of section 28, T28N – R14W Ashkum TWP. Iroquois County, IL.
Farm is located on the southeast side of Ashkum, IL.
Excellent hard road frontage along the north, east and south boundary of the farm.
+/- 127.75 Effective Cropland Acres, 128.5 PI
Productive Martinton silt loam and Milford silt clay soils.
+/- 121.45 tillable acres, currently cash rented with an attractive rate of return.
Open Farm Tenancy for 2024 crop year.
Impressive Yield History
2022: Corn 245Bu/Ac
2021: Beans 69Bu/Ac
2020: Corn 227 Bu/Ac
2019: Beans 53Bu/Ac
+/- 6.5 CRP filter strip acres paying $2,065 annually, expiring September of 2026.
2022 real estate tax due and payable in 2023 = $3,888.18 = $29.79 / Acre Tax.
Iroquois County Assessor Parcel #’s:
10-28-476-001
10-28-426-001
10-28-402-001
10-28-451-002
Contract Land Broker Travis Selby
217.304.1686
AUCTION, +/- 158.89 Acres, Lovejoy TWP. Iroquois County IL.
FARMLAND AUCTION
+/- 158.89 Acres, Lovejoy TWP. Iroquois County IL.
10 AM, October 5th
Auction will be held at the Town and Country Event Center
35 E Jones St, Milford, IL 60953
Thursday, October 5th, 10AM
Live in Person, Public Auction with Online Internet Bidding.
Lovejoy TWP. Iroquois County, IL.
Highly Productive Soils.
Excellent Farmland Investment Opportunity.
Open Farm Tenancy for 2024 crop year.
Farm is located just west of Wellington, IL. Along Rt 1. Look for signs.
+/- 158.89 acres consisting of 154.53 tillable acres, 132.3 PI
Highly productive Lisbond, Milford and Andres Soils.
Part of section 14, T24N R12W Lovejoy TWP. Iroquois County, IL.
Tax Parcel 40-14-100-005; 2022 Real Estate Tax payable 2023: $6,011.00
Tax Parcel 40-14-201-001; 2022 Real Estate Tax payable 2023: $ 157.62
2022 payable 2023 Real Estate Tax = $6,168.62 = $37.61 per acre.
Auction terms and conditions:
Procedure: In Person, Public Auction and Online Internet Bidding.
Property will be offered as one, +/- 158.89 acre tract.
BIDDING IS NOT CONDITIONAL UPON FINANCING.
Acceptance of Bid Prices/Contracts: All successful bidders will sign a sale contract at the auction site immediately following the close of the bidding. Copies of such contracts are available for review at the office of the auctioneer.
Down Payment: A 10% earnest money deposit of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of a personal check, business check, or cashiers check. The balance of the contract purchase price is due at closing.
Closing: Closing shall take place 33 days after auction day, or as soon thereafter as applicable closing documents are completed. The anticipated closing date shall be on or before November 7th 2023 .
Possession: Possession will be given at closing subject to the 2023 crop lease.
Open farm tenancy for the 2024 crop year.
Title: Sellers shall provide an Owners Policy of Title Insurance in the amount of the purchase price and shall execute a warranty deed conveying to the buyer(s). Sellers shall pay the premium for the Title Insurance Policy and the sellers search charges. Commitments for Title Insurance will be available for review at the office of the auctioneer and at the auction site. Bidders shall be deemed to have reviewed and approved the Title Commitments by submitting bids.
Real Estate Taxes and Assessments: Seller will credit buyer $6,168.62 at closing for the 2023 real estate property taxes due and payable in 2024.
Mineral Rights: the sale of the property shall include all mineral rights owned by the seller, if any.
Agency: Ag Exchange Inc. and its representatives are Exclusive Agents of the Seller.
Survey: A new survey shall not be provided, and the sale shall not be subject to a survey. The farm will be sold per deeded acre.
Disclaimer and Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the sales contract.
ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.
The property is being sold on an as is basis, and no warranty or representation either expressed or implied, concerning the condition of the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning this property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the sellers or the auction company. All sketches and dimensions in this brochure are approximate. Photographs are used for illustrative purposes only. Conduct at the auction and increments of the bidding are at the discretion of the auctioneer. The sellers and the auction company reserve the right to preclude any person from bidding and to remove any person from the auction if there is any question as to the persons credentials, fitness, conduct, etc. All decisions of the auctioneer are final.
Sellers: Nancy Fox, James Hoffman, Thomas Fox, and Eugene Fox.