Dekalb & Kane Counties, IL Farmland
Hinckley, IL 60520
DeKalb County, Illinois
Land Description
Virtual Live Auction.
Auction Time: Wednesday, November 30th 10:00 AM Cdt
Bidding Procedure
The Property will be offered in a virtual online auction format in 6 individual tracts using the “Buyer's Choice” method of sale, whereas the high bidder can purchase any individual tract or combination of tracts for their high bid. Should the high bidder not select all available tracts, the remaining tracts will be offered with another round of bidding. This process will repeat until all parcels have been chosen by a high bidder. Bidding and livestream viewing will be available on the Murray Wise Associates website. Bidding will be on a dollars per acre basis. Final sale price will be determined by multiplying the high bid(s) by taxable acres.
Contact an MWA representative with any questions regarding the bidding procedure or property.
Registration
All bidders are required to register on the Murray Wise Associates website on or before Noon CST on Tuesday, November 29, 2022. Once the online registration form is filled out it will be automatically sent to Murray Wise Associates for approval to allow bidding. Auction company may request a letter of recommendation from prospective bidder's financial institution stating funds are available for the 10% deposit and that bidder has the financial capacity for final purchase.
The entire property to be offered at the Auction consists of approximately 564± acres of high quality Northern Illinois farmland, and consisting of six tracts described as follows:
Tract 1:
155± acres in Afton Township of DeKalb County with primary soil types of Flanagan silt loam and Elpaso silty clay loam and a 134.4 Pi.
Tract 2:
80± acres in Afton Township of DeKalb County, primary soils types are Drummer silty clay loam, Danabrook silt loam, and Flanagan silt loam. 141.1 Pi.
Tract 3:
160± acres in Kaneville Township, Kane County with a 130.4 PI, primary soil types are Drummer silty clay loam and Mayville silt loam.
Tract 4:
28± acres in Squaw Grove Township, DeKalb County with primary soil types of Flanagan silt loam and Elpaso silty clay loam. 142.8 Pi.
Tract 5:
65± acres located in Sugar Grove Township of Kane County with a 134 PI. Primary soil types include Sabina silt loam, Drummer silty clay loam, and Flanagan silt loam.
Tract 6:
76± acres including two houses and outbuildings in Sugar Grove Township, Kane County. Tillable acreage includes soil types of Catlin silt loam, Drummer silty clay loam, and Flanagan silt loam. This tract has 140 PI. View more details about the houses on the Murray Wise Associates website.
