PRIME CHAMPAIGN COUNTY FARMLAND ~ DEVELOPMENT POTENTIAL
LAND AUCTION
SATURDAY, SEPTEMBER 10, 2011
10:00 A.M.
***SOLD***
$12,000 PER ACRE
AUCTION LOCATION: Holiday Inn Conference Center
1001 W. Killarney
Urbana, IL
(Interstate 74 to Lincoln Ave. South Exit)
LAND LOCATION & DESCRIPTION:
196.846 acres located within and on the East side of St. Joseph, IL: Excellent Champaign County soils, Drummer, Flanagan, and Pella.
PARTIAL LEGAL DESCRIPTION:
Part of the Northeast Quarter of Section 14 and the Northwest Quarter of Section 13, Township 19 North, Range 10 East of the 3rd PM, Champaign County, IL.
TERMS: 10% down payment on the day of the Auction, upon signing contract to purchase. Balance payable at closing on or before October 7, 2011. Possession will be given after harvesting the 2011 growing crops.
TAXES: Seller will give credit at closing for the 2011 property taxes, due in 2012. Taxes for 2010, payable 2011 are $6189.82. Buyer will be responsible for all taxes thereafter. Seller reserves the right to reject any and all bids. Announcements sale day take precedence over all previous advertising.
AUCTION NOTE: This is an opportunity to purchase prime farmland, with added future development possibilities. There is potential for 400 homes, to St. Joseph, one of the fastest growing communities in Central Illinois. Short commute, only 6 miles to Champaign-Urbana where the sun is always at your back to and from work. Northern Il Water Co. & Sanitary Sewer system available for development.
WOODARD DEVELOPMENT CORP., OWNER