This lot is informational and may be used for test bidding - place your actual bids below on Lot #1.

The real estate will be sold on a price per acre basis, based on the 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 Monday, June 20th, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. Full possession will be given at closing subject to a current cash rent lease for the 2022 crop year only - contact auction company for details.

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, LLC pertaining to this property. Real estate is being sold "AS IS".


CLICK HERE TO VIEW FSA INFORMATION

CLICK HERE TO VIEW SURVEY PLAT

CLICK HERE TO VIEW TITLE COMMITMENT

CLICK HERE TO VIEW PURCHASE AGREEMENT


Kari DeBrock & Brian DeBrock - Sellers


Representing Attorney:
Richard Stone
Stone & Palmgren
211 S State St
Geneseo, IL 61254
(309) 944-4628


Auction Manager:
Dale Jones (309) 299-6400
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• 116.13 Surveyed Acres
• FSA figures indicate 112.1 acres of cropland.
• Productivity Index Rating (PI): 134.7 (Class A)
• Productive soil types include Calco, Orion, Greenbush, Osco, Muscatune, Biggsville, Sable & Seaton.
• Some conservation work done including tile & waterways (Contact auction manager for details and yield history).
• Improvements include a GSI 36' 6-ring grain bin (approximately 18,000 bu. capacity) with Airstream LP gas dryer and stir-alls as well as a nice, older corn crib currently used for machinery storage.
• Access is along the north side by township road N 1470th Ave. and along the west side by township road E 1900th St.
• Real Estate Tax Information
  • PIN 14-20-300-001 - 116.13 surveyed acres (120 taxable acres) - $4,595.48

The purchase agreement will be adjusted to a quantity of 116.13 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
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