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PENDING:
$3,800,332.90 – $9,275/Acre
Tract 1: $10,000/Acre
Tracts 2-4: $9,100/Acre
Virtual Live Auction:
Auction Time: Tuesday, May 10th 10:00 AM CDT
Bidding Procedure
The property is being offered in four tracts. The Property will be offered in 4 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 will be in dollars per acre. Surveys for Tracts 1-4 will be completed by auction day and the final purchase prices for these tracts will be determined by multiplying the surveyed acreage by the high bid(s). The auction will be conducted live via the online bidding platform starting at 10AM CDT on May 10th.
Contact an MWA representative with any questions regarding the bidding procedure or property.
REGISTRATION
All bidders are required to register at www.MurrayWiseAssociates.com on or before 12 noon CDT on Monday, May 9, 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.
Property Information
The entire property to be offered at the Auction consists of approximately 408+- acres located at the northwest corner of Illinois Route 173 and Zarnstorff Road, McHenry County, Illinois and consisting of four tracts described as follows:
Tract 1:
80 ± Acres consisting of quality McHenry County farmland. Great access from the south and east road. The farm features McHenry silt loam and Kidder loam. This tract offers an incredible opportunity for buyers looking for Illinois farmland.
Tract 2:
120± Acres consisting of nearly all tillable productive McHenry County farmland. This tract is primarily McHenry silt loam and Kidder loam.
Tract 3:
97± Acres consisting of mostly farmable land. This tract is primarily McHenry silt loam and Virgil silt loam.
Tract 4:
111± Acres consisting of excellent recreational property with ponds and building potential.
Directions
From the intersection of U.S. Highway 12/Main Street and Illinois Highway 173/Kenosha Street in Richmond, travel west on Highway 173 for 2.5 miles and the property will be on the north side of the road.
McHenry Co. IL Farmland Auction from Murray Wise Associates on Vimeo.