This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-2.

Tract 1 will be sold on a price per acre basis, based on surveyed acres. Tract 2 will be sold for a "lump sum", total dollar amount. The tracts will NOT be offered in their entirety at the conclusion of the auction. 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, December 15, 2023.

The seller will provide title insurance in the full amount of the purchase price. Seller will retain all the 2023 cash rent income and will pay all of the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession at closing, subject to an existing cash rent lease for the 2023 crop year. There are no hunting leases associated with the property.

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 SURVEY PLAT

CLICK HERE TO VIEW TITLE COMMITMENT

CLICK HERE TO VIEW PURCHASE AGREEMENT - TRACT 1

CLICK HERE TO VIEW PURCHASE AGREEMENT - TRACT 2
CLICK HERE TO VIEW RESIDENTIAL DISCLOSURES


Harold H. Edwards

Representing Attorney:
Ryan M. Krisher | Bougher, Krisher & Associates, Attorneys at Law, P.C.
202 N. Lafayette St., Macomb, Illinois 61455 | (309) 833-1702

Auction Managers:
Colette Kennedy (309) 360-1226
Michael Sullivan (309) 333-0916

 

• FSA records indicate 22.44 cropland acres
• Productivity Index Rating (PI): 122.6
• Soil types include Greenbush, Ipava, and Keomah
• The non cropland acres represent timber, draws, and brushy areas which make for excellent hunting and recreational opportunities
• Access is along the south side by N 700th Road and along the west side by E 1050th Street

The purchase agreement will be adjusted to a quantity of 49.34 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. 

 

• Open House: Nov. 2, 2023 from 4:30pm - 6:00pm
• Home Address: 7265 E 1050th St, Macomb, IL 61455
• 3 Bedrooms, 2 Baths
• Detached garage
• Dishwasher, Microwave and Stove replaced in 2022
• Septic system installed in 2011
• Roof recently replaced in August, 2023
• Solar Panel installed in August, 2016
• Central air/Propane heat/Rural water through West Prairie Water Coop
• Various outbuildings and an older mobile home that can be used for storage
• This small acreage consists of a large yard, some cropland, a pond and mature trees for ample shade
• Access is along the west side by E 1050th Street

This tract will be sold for a lump sum, total dollar amount.