Lot # : 1 - 62.79 (+/-) Taxable Acres | Geneseo, IL

Live Webcast Auction
Geneseo, IL Farm Ground at auction! 62.79 (+/-) Taxable Acres
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Cambridge, IL 61238
Date(s)
11/23/2024 - 11/27/2024
AUCTIONEER INFORMATION
Catalog
Geneseo, IL Farm Ground at auction! 62.79 (+/-) Taxable Acres
Bidding Notice:

LIve and Online Bidding! 10% Non Refundable down payment and signed purchase contract due at the conclusion of the auction. If bidding online, please contact Stenzel Auction at 309.937.1444 to pre register.

Auction Notice:

No buyers fee! Visit www.stenzelauction.com for more information! Auctioneer will set bidding increments during the live auction.

Information
Lot # 1
Quantity x62.79
Group - Category Real Estate - Ag / Farm Land
Lead 62.79 (+/-) Taxable Acres | Geneseo, IL
Description
Julius Cocquit, Geneseo, IL will offer his farm ground located off of Wolf Road in Geneseo, IL at the above mentioned time and place. Attorney for seller is Jennifer L. Kincaid | Pepping Balk Kincaid & Olson, LTD | Silvis, IL. Location: The farm lies on Wolf Road and E 1280 St in Geneseo, IL; Phenix Township, Section 31, Henry County, PIN #03-31-426-002 62.79 +/- Taxable Acres. A survey that has been completed represents 10.12 +/- acres removed from the original 72.91 taxable acres which seller is retaining. A nice productive farm with a P.I. (tillable acres) of 129.9. Soil types include Littleton, Joyce, Joy, Waukegan, Seaton-Timula silt loams; Sable silty clay loam, Coyne loam, Dickinson sandy loam, Coloma sand.
Name FARM GROUND AUCTION | GENESEO, IL (62.79 +/- Acres)
Auctioneer
Stenzel Auction Service, Inc.
Type Live Webcast Auction
Date(s) 11/23/2024 - 11/27/2024
Auction Date/Time Info
LIVE AUCTION WILL BEGIN PROMPTLY AT 10:00 A.M.. CST on WEDNESDAY Morning | November 27. Pre-bidding will open on Saturday | November 23 at 8:00 a.m CST
Preview Date/Time Contact Stenzel Auction Service | 309.937.1444
Checkout Date/Time 10% of the purchase price will be required at the conclusion of the auction. Please contact our office if bidding online and will not be available at the auction.
Location
AUCTION LOCATION: Stenzel's Auction Facility 135 West Center Street
Cambridge, IL 61238
Buyer Premium No buyers premium
Description
Julius Cocquit, Geneseo, IL will offer his farm ground located off of Wolf Road in Geneseo, IL at the above mentioned time and place. Attorney for seller is Jennifer L. Kincaid | Pepping Balk Kincaid & Olson, LTD | Silvis, IL. Location: The farm lies on Wolf Road and E 1280 St in Geneseo, IL; Phenix Township, Section 31, Henry County, PIN #03-31-426-002 62.79 +/- Taxable Acres. A survey that has been completed represents 10.12 +/- acres removed from the original 72.91 taxable acres which seller is retaining. A nice productive farm with a P.I. (tillable acres) of 129.9. Soil types include Littleton, Joyce, Joy, Waukegan, Seaton-Timula silt loams; Sable silty clay loam, Coyne loam, Dickinson sandy loam, Coloma sand.
Terms & Conditions: #1. The successful bidder will be required to sign a binding Offer to Purchase and pay 10% of the purchase price as a nonrefundable down payment at the conclusion of the auction payable to Pepping Balk Kincaid & Olson, LTD Trust Account. The balance will be due and payable on or before closing (30 to 60 days from contract date). Copies of the required agreement are available for viewing by contacting Attorney Jennifer L. Kincaid | 105 Seventh St. | Silvis, IL | 309.755.3511. #2. Seller will keep allof 2024 cash rent income and the 2024 real estate taxes, due in 2025 will be prorated to the date of possession and paid by the seller. #3. The seller shall provide a title insurance policy in the amount of the purchase price of the subject property. #4. The entire property is being sold in an “As Is” condition, with no warranties of any kind. Stenzel Auction Service, Inc. serves solely as agent for the seller and assumes no liability of any kind in connection with any property being sold. All information is believed to be accurate. However, all prospective buyers are strongly urged to thoroughly research all pertinent data to draw their own conclusions. #6. Any of the above terms of sale may be modified by announcements made the day of the auction. Seller reserves the right to accept or reject any and all offers. For information on the property contact our business office by email at info@stenzelauction.com or by phone 309.937.1444. For viewing of property, please call
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 900.00 50.00 USD
900.01 - 1,000.00 50.00 USD
1,000.01 - 9,950.00 500.00 USD
9,950.01 - 100,000.00 500.00 USD
100,000.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium No buyers premium
Payment Terms
10% Non Refundable of purchase price due at the conclusion of the auction.