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Search Land - AUCTION: Class A Farmland with Development Potential, Jacksonville, IL

AUCTION: Class A Farmland with Development Potential, Jacksonville, IL

Auction
East Morton Avenue, Jacksonville, IL
Status: Under Contract
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Property Type
Acreage
Commercial Acreage
Farm Auction
Rural Business
Acreage
82.5 acres
County
Morgan, IL
Format
Auction
Features
Development Potential
Hwy-County Rd Frontage
List Date
Oct 4, 2024
Documents
N/A
Description
What an opportunity to own a Class A farm right along the main artery of Jacksonville, IL! This 82.5± acre parcel has 76.8± tillable acres that boast an incredibly strong 142.2 Productivity Index Rating. As farmland, this tract is a known producer with average yields of 245 bu/ac corn and 70 bu/ac soybeans. Given its location, it could offer broader appeal beyond farmland, as well. The tract is located on the far East end of Morton Avenue/Business 72 amongst other industrial development. Road access is exceptional, spanning the entire South and West boundaries of the property with Norfolk Southern Rail Access along the North. Interstate 72 is less than one-half mile from the property, making transportation of goods and accessibility to services a breeze. City water and sewer are adjacent to the site. Don’t miss your chance to purchase this great property! The farm is free of tenancy in 2025 and ready to be taken in any direction the new owner desires. Get your questions answered and be ready to bid on November 12! Contact Allan Worrell (217-473-3418) or Luke Worrell (217-473-7039) to learn more. Property Location & Access: Central Morgan County, Illinois along the far East side of Morton Avenue in Jacksonville, IL which is located right along I-72. The property is accessible from Morton Avenue along the South and Mobil Road along the West. Morgan County Section 23 – Township 15N – Range 10W. Acreage: 82.5± taxable acres, 76.8± tillable acres Primary Soil Types: Muscatune and Ipava Productivity Index Rating: 142.2 Yield Averages: 245 bu/ac corn, 70 bu/ac beans Topography: Level to slightly rolling Tenancy: Open for 2025 Parcel Numbers: 09-23-200-003, 09-23-400-001 2023 Real Estate Taxes: $5,344.18 ************************** Seller: Tri-County Community Development Corporation Representing Attorney: Dan Beard · Bellatti Fay Bellatti & Beard LLP · 217-245-7111 Auctioneer: Darrell Moore · IL. Lic. 440.000506 · Cell 217-473-5486 Auction Format Live in-person and online bidding. Pre-bids and max-bids may be placed online anytime leading up to the live auction. If bidding in-person with no desire to place pre-bids online, you may register at Pathway Services the morning of the auction. You may register to bid online anytime between now and 7:00AM on Tuesday, November 12. Sales Terms Summary Upon conclusion of auction, Seller and Buyer(s) shall enter into a purchase Agreement, with the Buyer(s) to pay ten percent (10%) of the purchase price as down payment. Balance due and payable on or before December 31, 2024. Possession will be given at closing unless otherwise requested. Seller will convey by Warranty Deed, and will furnish title insurance in amount of the purchase price. Buyer will be given a credit at closing for the 2024 real estate taxes payable in 2025. Procurement of financing shall be the sole responsibility of the Buyer(s) and must be obtained prior to the auction. Broker is acting as the Seller’s agent for the Tri-County Community Development Corporation and is not representing any Buyer(s). The property is being sold “AS IS” without representation or warranty expressed or implied. The sale is subject to Seller approval. The property is being sold by the acre based on taxable acreage. Auctioneer reserves the right to set the bid increments. Seller is not responsible for any accidents that may occur while inspecting the property. Buyer(s) should verify the information to their satisfaction. ANNOUNCEMENTS MADE BY THE BROKER AND/OR AUCTIONEER AT THE TIME OF SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. You must be a registered user to bid, either in-person or online. By bidding you are stating that you are ready and willing to purchase the tract for your bid amount. Bidders acknowledge that Worrell Land Services, LLC does not have any responsibility or liability for the website(s) used for Internet bidding. Despite best efforts to prevent technology failures, Buyer and Seller acknowledge that Worrell Land Services, LLC cannot guarantee the operation or performance of the Internet bidding site. There may be occasional interruptions and delays relating to the use of the Internet and the Website. Furthermore, Worrell Land Services, LLC shall not be held liable (for lost profits or special damages) or responsible for the function of the website or its inability to function. Bidders acknowledge that hardware malfunctions, software malfunctions, viruses, and similar issues do occur and are beyond the knowledge, scope, and control of Worrell Land Services, LLC. Worrell Land Services, LLC reserves the right to deny any person access to online bidding if unable to adequately verify the bidder. Winning bidders will be notified via phone or email immediately after the close of the auction to make arrangements for completing the purchase agreement and collection of earnest money. Information was obtained from private and public sources with best efforts to express same as accurately as possible and is subject to individual verification. No liabilities for any inaccuracies, errors or omissions is assumed by the owners or their agents. Boundaries on maps and photos are approximate. Worrell Land Services, LLC is acting as the seller’s agent.
Listing Agent
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Luke Worrell
Co-Op Member Owner
Worrell Land Services, LLC
Jacksonville, Illinois
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Co-Listing Agent
Agents Name: Allan Worrell
Office Number: 217-245-1618
Cell Number: 217-473-3418
Co-op approved lenders in Morgan County, IL:
Farm Credit
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