Auction
Auction114.84 Acres
Auction

116 Eakle Road, Walnut, IL 61376 - Lee County

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Property ID 21702617

Auction Information

Cindy Lou Porter Farm Auction
11041 IL State Route 92, Walnut IL 61376, IL
11/09/2024, 10:00 AM
Online Bidding SiteExternal Link

Cindy Lou Porter Farm

114.84 +/- ACRES

PRIME LEE COUNTY, ILLINOIS FARMLAND

WITH WIND TURBINE INCOME

SATURDAY NOVEMBER 9, 10 A.M.

THE UNDERSIGNED WILL OFFER THE FOLLOWING TRACT VIA

PUBLIC AUCTION AT THE DAHL AUCTION BUILDINGS LOCATED AT

11041 IL STATE ROUTE 92 WALNUT, IL 61376.

(Three Miles West of Walnut on Route 92)

LIVE AND ONLINE BIDDING AVAILABE

The tract is located approximately 3 miles Northwest of Walnut, Illinois with access from Eakle Road and County Line Road. Address is 116 Eakle Road Walnut, IL 61376

114.84 +/- Acres located in the South Half of the South Half of Section 30, Hamilton Township (T19N R 8E) Lee County, Illinois. Estimated P. I. of 127.9 with 109.33 +/- Tillable. OPEN TENACY FOR 2025

INCOME FROM THREE WIND TURBINES ON SITE

There are three income producing wind turbines located on the subject property providing annual payments to the owner of the farm. Please contact auctioneer for details.

2023 TAX INFORMATION:

PPN 09-19-30-400-004 The following information is Estimated after split from existing tract: Real Estate Tax - $4,010 Drainage Tax: $770

PPN 09-19-30-400-005 Land leased to Wind Turbine Company, 1.88 acres MOL. Taxes are the responsibility of the Wind Turbine Company.

SELLER: CINDY LOU PORTER

TERMS OF THE SALE

The farm will be sold on a dollar per acre basis based on 114.84+/- acres. 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 19, 2024. Taxes for 2024 will be provided as a credit to the purchaser based on 2023 taxes. Open tenancy for 2025. Seller shall retain 2024 Wind Turbine Income, Purchaser shall receive 2025 Wind Turbine Income. 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. Download The Dahl Real Estate App at The App Store or Google Play.

SALE CONDUCTED BY:

DAHL REAL ESTATE 815-379-2447

AUCTIONEERS: DARRELL R. DAHL & COLLIN G. RABE

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