232.74 ACRES± • 4 TRACTS MERCER & WARREN COUNTY, IL LAND AUCTION
METHOD & TERMS
Bidding will be on a per acre basis tract 1, 2 & 3. Bidding will be for the total dollar amount or “lump sum” on Tract 4. Tracts 1-3 will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any or all of Tracts 1-3 (in any order) for their high bid. “Buyers Choice” auctioning will continue on Tracts 1-3 until all 3 tracts have been purchased. Tract 4 will sell last. 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 and enter into a written 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 September 29, 2023. The Seller will provide Title Insurance in the full amount of the purchase price. Possession on the cropland acres will be given at the time of closing, subject to the removal of the crops growing thereon. Possession of the grain bins on Tract 4 will be given at the time of closing. Seller will retain the 2023 crop and pay the 2023 real estate taxes. 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 If you need assistance with bidding, please contact our office at (844) 847-2161
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