Mike Sullivan Land Sales LLC Auction Catalog - Hancock County, IL Land Auction - 79.41 Acres Online Auctions

Hancock County, IL Land Auction 79.41 Acres - 2 Tracts Thursday, January 26, 2023 at 10:00 AM Description, Location & Terms 79.41 Surveyed Acres - 2 Tracts Located approximately 10 miles north of Carthage, IL (2 miles NW of Adrian, IL). These tracts will be offered "Buyers Choice" with the first successful bidder having the opportunity to take either or both tracts. If only one tract is selected the remaining tract will then be sold. Bidding will be on a price per acre basis, based on the surveyed acres. Ten percent of the purchase price to be paid at the conclusion of the sale with the balance due on or before March 10, 2023. Both tracts sell subject to a cash rent lease for the 2023 farming season with the purchasers to receive the $240.00 per tillable acre cash rent. The 2023 real estate taxes due in 2024 to be paid by the Buyers. Sellers will furnish Title Insurance in the full amount of the purchase price. Immediately following the auction the Buyers will be required to enter into a purchase agreement with the Sellers. Announcements made at the auction shall supersede all prior advertising.

The NE1/4 of the NW1/4 of Section 4, Rock Creek Township, (T6N-R7W), Hancock County, IL. All level "Class A", tillable farmland with a 144.2 Productivity Index. 100% Sable & Muscatine soil and pattern tiled with 3" tile on 40' centers. Road 2400N borders the north end. The purchase amount of this tract will be 40 times the selling price.

The NE1/4 of the NE1/4 of Section 3, Rock Creek Township, (T6N-R7W), Hancock County, IL. All level "Class A" farmland with a 145.2 Productivity Index. It is nearly all tillable except for an older building site in the northwest corner and it contains 100% Muscatine & Sable soils. It borders Road 2400N on the north and 1700E on the east end. The purchase amount of this tract will be adjusted to 39.41 times the selling price.


Hancock County, IL Land Auction - 79.41 Acres
Real Estate > Mike Sullivan Land Sales LLC > Hancock County, IL Land Auction - 79.41 Acres
Hancock County, IL Land Auction - 79.41 Acres
by Mike Sullivan Land Sales LLC Thu, Jan 26, 2023 10:00 AM Central Hancock County, IL Land Auction 79.41 Acres - 2 Tracts Thursday, January 26, 2023 at 10:00 AM Description, Location & Terms 79.41 Surveyed Acres - 2 Tracts Located approximately 10 miles north of Carthage, IL (2 miles NW of Adrian, IL). These tracts will be offered "Buyers Choice" with the first successful bidder having the opportunity to take either or both tracts. If only one tract is selected the remaining tract will then be sold. Bidding will be on a price per acre basis, based on the surveyed acres. Ten percent of the purchase price to be paid at the conclusion of the sale with the balance due on or before March 10, 2023. Both tracts sell subject to a cash rent lease for the 2023 farming season with the purchasers to receive the $240.00 per tillable acre cash rent. The 2023 real estate taxes due in 2024 to be paid by the Buyers. Sellers will furnish Title Insurance in the full amount of the purchase price. Immediately following the auction the Buyers will be required to enter into a purchase agreement with the Sellers. Announcements made at the auction shall supersede all prior advertising.