Adams County, IL Land Auction - Henry

Adams County, IL Land Auction - Henry

Tuesday, September 7, 2021  |  10:00 AM Central
Auction closed.
Adams County, IL Land Auction - Henry

Adams County, IL Land Auction - Henry

Tuesday, September 7, 2021  |  10:00 AM Central
Auction closed.
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Description

71.6 Surveyed Acres • 3 Tracts

The Henry property offers outstanding development, recreational and hunting opportunities with its ideal location, mature timber land and open areas for home building sites.

The Albert C. Henry, Jr property contains 71.6 surveyed acres and is located 2 miles east of the Quincy Regional Airport, or 4 miles northwest of Liberty or 10 miles east of Quincy, IL, along Highway 104 (adjacent to 5 Points). The land contains 71.9 surveyed acres and will be sold in 3-tracts. The property is further described as being located in the Northwest Quarter of Section 6, T2S-R6W, Liberty Township, Adams County, IL.

Auction Managers:
John Borrowman (217) 430-0645
John Sullivan (309) 221-6700
Catalog Terms of sale
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Method and Terms

Lot # 0 (Sale Order: 1 of 4)      


This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-3.

All 3 tracts will sell by the acre based the recently completed surveyed acres. The tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect (in any order) any or all 3 tracts for their high bid. Buyer's Choice auctioning will continue until all 3 tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the winning bidder(s) 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 October 7, 2021. The 2021 real estate taxes will be prorated to the closing date. The seller will provide title insurance in the full amount of the purchase price. Possession will be given at the time of closing.

Bidding is NOT subject to the following 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 this brochure 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 - revised 9/2/21

CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT & TITLE COMMITMENT

CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT & TITLE COMMITMENT

CLICK HERE TO VIEW TRACT 3 PURCHASE AGREEMENT & TITLE COMMITMENT


Albert C. Henry, Jr. Family Farm

Representing Attorney:
William L. Siebers
Law Offices of Scholz, Loos, Palmer, Siebers and Duesterhaus LLP
625 Vermont Street
Quincy, IL 62301
(217) 214-1909

Farm Manager:
Rick Edwards AFM

Auction Managers: 
John Borrowman (217) 430-0645
John Sullivan (309) 221-6700


...more

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This lot was not sold.

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Tract 1 - 6.8 Surveyed Acres

Lot # 1 (Sale Order: 2 of 4)      

Quantity: 7

 
  • Level to rolling open pasture land with patches of wooded areas
  • FSA map indicates 4.80 acres currently enrolled in CRP at $135/acre, which expires September 30, 2021.
  • Road access on the north side off County Road 1200N (Quincy to Kellerville Road)
  • ABS public water available
  • Excellent home building sites and recreational land

The purchase agreement will be adjusted to a quantity of 6.8 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 9,550.00
$9,550.00 x 7 = $66,850.00
Total Bid: USD 66,850.00

You've been outbid  to b****b! to YOU!

Placing your bid. please wait...

$9,550.00 x 7 = $66,850.00 Total

Tract 2 - 14.0 Surveyed Acres

Lot # 2 (Sale Order: 3 of 4)      

Quantity: 14

 
  • Level to rolling open pasture land with patches of wooded areas
  • FSA map indicates 11.50 acres currently enrolled in CRP at $135/acre, which expires September 30, 2021.
  • Road access on the west side off Highway 104
  • ABS public water available
  • Excellent home building sites and recreational land
  • A small, older family cemetery is located on this tract

The purchase agreement will be adjusted to a quantity of 14.0 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
 
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 9,000.00
$9,000.00 x 14 = $126,000.00
Total Bid: USD 126,000.00

You've been outbid  to L****r! to YOU!

Placing your bid. please wait...

$9,000.00 x 14 = $126,000.00 Total

Tract 3 - 50.8 Surveyed Acres

Lot # 3 (Sale Order: 4 of 4)      

Quantity: 51

 
  • Level to rolling mature timber land with areas of open pasture land
  • FSA map indicates 4.80 acres currently enrolled in CRP at $135/acre, which expires September 30, 2021.
  • Road access on the west side by Highway 104
  • ABS public water available
  • Outstanding outdoor recreational and hunting land with a meandering creek
  • Excellent home building sites

The purchase agreement will be adjusted to a quantity of 50.8 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
...more

Bid Not Accepted!

Bid Accepted!

You've been outbid!

Sold for: USD 5,950.00
$5,950.00 x 51 = $303,450.00
Total Bid: USD 303,450.00

You've been outbid  to j****n! to YOU!

Placing your bid. please wait...

$5,950.00 x 51 = $303,450.00 Total
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