Cole Sale Bill

VIRTUAL ONLINE

HENRY COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 30, 2022 AT 10:00 AM CST

114.75 TAXABLE ACRES • SELLING IN 1 TRACT

PRODUCTIVE TILLABLE CROPLAND

WOODED AREAS & WHITETAIL DEER HABITAT

WILLIAM C. COLE TRUST Representing Attorney: Virgil A. Thurman | Virgil A. Thurman Attorney at Law 137 S State St Ste 208, Geneseo, IL 61254 | (309) 944-6866 Auction Managers: Dale Jones (309) 299-6400

DALE JONES

DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107

LOCATION & GENERAL INFORMATION

114.75 TAXABLE ACRES± • TRACT 1 The Cole farm is located approximately 4 miles northwest of Cambridge, IL, or 28 miles southeast of Moline, IL, or 11 miles southwest of Geneseo, IL. The property is further described as being located in Section 26, T16N-R2E, Osco Township, Henry County, IL. The farm offers productive, tillable cropland, wooded areas & whitetail deer habitat.

TRACT INFORMATION 114.75 TAXABLE ACRES± • TRACT 1 • Productivity Index (PI): 126.1 • Major soil types include Greenbush, Osco, Muscatune, MarseillesAtlas, Elco, Radford, Sawmill, Buckhart, others. • The balance of the farm is wooded draws offering hunting and recreational opportunities. • Nicely maintained access the north side of the farm to the recreational areas. • Cambridge School District • Road access along the west by Henry County Highway 16.

Soils Map

State:

Illinois Henry

County: 26-16N-2E Location: Township: Osco Acres: 100.7 Date: 10/20/2022

Soils data provided by USDA and NRCS. Area Symbol: IL073, Soil Area Version: 18 Code Soil Description

Crop productivity index for optimum management

Acres Percent of field

Corn Bu/A

Soybeans Bu/A

Wheat Bu/A

Grass le gume e hay, T/A

Sorghum c Bu/A

Alfalfa d hay, T/A

Subsoil rooting a

Oats Bu/A b

**675C2 Greenbush silt loam, 5 to 10 percent slopes, eroded

29.50 29.3% FAV **171

**54 **65 **90

0 0.00 **5.01

**125

**86B

Osco silt loam, 2 to 5 percent slopes 20.09 20.0% FAV **189

**59 **74 **101

0 **6.83 0.00 138 0.00 6.02

**140

51A

Muscatune silt loam, 0 to 2 percent slopes

17.54 17.4% FAV 200

64

75 104

147

**918D3 Marseilles Atlas silty clay loams, 10 to 18 percent slopes, severely eroded **119D2 Elco silt loam, 10 to 18 percent slopes, eroded 3074A Radford silt loam, 0 to 2 percent slopes, frequently flooded 3107A Sawmill silty clay loam, 0 to 2 percent slopes, frequently flooded **675B Greenbush silt loam, 2 to 5 percent slopes

10.10 10.0% UNF **93

**32 **37 **46

0 0.00 **2.48

**69

7.35 7.3% FAV **134

**44 **53 **67

0 **3.79 0.00

**100

4.63 4.6% FAV 186

58

73 99

0 0.00 5.52

136

4.03 4.0% FAV 189

60

71 98

0 0.00 5.77

139

3.34 3.3% FAV **182

**57 **69 **96

0 0.00 **5.34

**133

705A

Buckhart silt loam, 0 to 2 percent slopes

2.46 2.4% FAV 190

61

74 100

0 7.40 0.00

142

**280gC2 Fayette silt loam, glaciated, 5 to 10 percent slopes, eroded

0.74 0.7% FAV **155

**49 **61 **79

0 **4.90 0.00

**113

**86C2

Osco silt loam, 5 to 10 percent slopes, eroded Sable silty clay loam, 0 to 2 percent slopes

0.51 0.5% FAV **178

**56 **70 **95

0 **6.42 0.00

**131

68A

0.35 0.3% FAV 192

63

74 99

0 0.00 5.77

143

**549F2 Marseilles silt loam, 18 to 35 percent slopes, eroded

0.06 0.1% UNF **89

**29 **36 **47

0 **2.26 0.00

**66

126.1 126.1

Weighted Average 171.3

54.5 65.8 89.7

24 1.89 3.45

FARM PHOTOS

Auction to be conducted as a virtual, online auction. No Internet Buyer fees! If you need assistance with bidding, please contact our office at (844) 847-2161.

DRONE FOOTAGE AVAILABLE ON OUR WEBSITE

PRODUCTIVE & TILLABLE FARMLAND

METHOD & TERMS

The real estate will be sold on a price per acre basis, based on the taxable 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 December 30th, 2022. The seller will provide title insurance in the full amount of the purchase price and will provide the buyer with a credit at closing for the 2022 taxes payable in 2023 based upon the most current information available. Buyer will be responsible for 2023 and all subsequent real estate taxes. Possession will be given at closing subject to the current cash rent tenancy for the 2022 crop year only. 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”.

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FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301

PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com

HENRY COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 30, 2022 AT 10:00 AM CST 114.75 TAXABLE ACRES • SELLING IN 1 TRACT

DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 WILLIAM C. COLE TRUST

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