Land for Sale - Paynes Point, IL 61061 - 112.09 acres

OGLE COUNTY, IL LAND AUCTION - WENCK

Paynes Point, IL | Lat/Lng:  42.0199, -89.1747

Auction
112.09 ac.
09/25/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

LOCATION Ogle County, Illinois The land is located 9 miles east of Oregon, IL or 20 miles south of Rockford, IL and is further described as being located in Section 1, T23N-R11E, Pine Rock Township, and Section 18, T41N-R1E, White Rock Township, Ogle County, Illinois. Physical Address: 292 N Meridian Rd, Chana, IL 61015 SELLER Estate of Diane C. Wenck Erin Carpenter, Administrator MANAGED BY Kevin Haas (309) 264-7767 OPEN HOUSE Saturday, October 4 10:00 AM - 12:00 PM GENERAL INFORMATION 112.09 acres 1 tract A combination of productive, tillable farmland and a country home situated in a beautiful setting. Close to excellent grain market outlets. TRACT INFORMATION 112.09 surveyed acres FSA records indicate 101.18 cropland acres Productivity Index (PI): 126.3 Soil types include Ogle, Assumption, Saybrook, Osco, Sawmill, and Lawson Multiple conservation practices in place including established terraces Timber lined creek along the east side provides an opportunity for deer hunting Country home on an established lot surrounded by mature walnut trees Greek revival style, built in 1842 8 bedroom, 1 bathroom Wide plank wood floors Original doors & wood trim throughout New siding in 2020 Property Address: 292 N Meridian Road, Chana, IL 61015 Access from Meridian Road and along the south side from E Brick Road METHOD & TERMS The land will be sold on a price per acre basis, based on surveyed acres. Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Friday, November 21, 2025. The seller will provide title insurance in the full amount of the purchase price and will pay all the 2025 taxes due and payable in 2026 through a credit at closing based on the best available information. Buyer will pay all 2026 taxes and beyond. Open farm lease for the 2026 crop year. Possession at closing. This auction is subject to court approval. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers pertaining to this property. Real estate is being sold AS IS. REAL ESTATE TAX INFORMATION PIN 17-01-200-003 - 84.3A - $6614.40 PIN 18-18-300-002 - 28.31A - $1300.10 Estate of Diane C. Wenck Erin Carpenter, Administrator Representing Attorney: Jack Vieley 121 N Main St, Suite B-1, Bloomington IL 61701 | (309) 827-8888 Auction Manager: Kevin Haas (309) 264-7767

Details

CountyOgle
Zipcode61061
Property Type OneFarms
Property Type TwoResidential Property
BrokerageSullivan Auctioneers
Brokerage Linkwww.sullivanauctioneers.com
Land Listing Agent Photo
Sullivan Auctioneers
Sullivan Auctioneers
(844) 847-2161
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