VIRTUAL ONLINE
ADAMS COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 29, 2023 AT 1:00 PM CT
33.6 TAXABLE ACRES± • SELLING IN 1 TRACT
LEE FAMILY TRUST Representing Attorney: Bill Siebers | Siebers Law, LLC 625 Vermont St, Quincy, IL 62301 | (217) 214-1000
AUCTION MANAGER:
MICHAEL SULLIVAN (309) 333-0916
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
The Lee Family farm is located a short distance east of Camp Point, IL along Hwy 24 & is further described as being located in Section 25, T1N - R6W, Camp Point Township, Adams County, IL. The farm represents Class A tillable farmland with an excellent location! LOCATION & GENERAL INFORMATION
TRACT INFORMATION
• FSA figures indicate 32.60 acres of NHEL cropland • Productivity Index (PI): 136.7 (Class A) • Soil types include Timewell & Emery • The balance of the farm is a waterway which provides an excellent tile outlet • Access is along the south side by Hwy 24 & along the north side by N 1950th Ave. 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
136.7
METHOD & TERMS
The Lee Family Trust farm will be sold on a price per acre basis, based on 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 Friday, December 29, 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 the 2023 real estate taxes, due and payable in 2024, through a credit at closing, based on 2022 taxes. Open tenancy for 2024 crop year and beyond. Possession at closing, subject to an existing cash rent lease for the 2023 crop year. 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”.
ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
33.6 TAXABLE ACRES±
VIRTUAL ONLINE | ADAMS COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 29, 2023 AT 1:00 PM CT
SELLING IN 1 TRACT
LEE FAMILY TRUST
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
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