VIRTUAL ONLINE
HENRY COUNTY, ILLINOIS LAND AUCTION FRIDAY, NOVEMBER 17, 2023 AT 10:00 AM CT 80.81 TAXABLE ACRES± • SELLING IN 1 TRACT
Highly productive, Class A farmland!
AUCTION MANAGERS:
53-19 INVESTMENT, LLC
Representing Attorney: Robert Lindstrom & Reynolds M. “Rip” Everett | Barash & Everett, LLC 110 N. Exchange Street, Galva, Illinois 61434 | (309) 932-2001
ISAAC TABER (309) 335-8081
BRANDT HENNESS (309) 224-4276
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION
The farm is located approximately 3.5 miles northeast of Bishop Hill, IL and 5.7 miles southeast of Cambridge, IL along N 700th Ave. The farm is further described as being located in Section 25, T15N R3E, Cambridge Township, Henry County, Illinois.
The farm represents Class A tillable farmland, CRP acres, and additional wind and solar income.
SUBJECT
TRACT INFORMATION
• 80.81 taxable acres • FSA figures indicate 81.34 cropland acres • Includes 1.4 acres enrolled in CRP with a payment of $477.00 annually, expires 9/30/2027 • Productivity Index (PI): 139 (Class A) • Soil types include Ipava, Plano & Sable • Wind energy 2023 payment $2,994.72 • OYA solar lease option 2023 payment of $2,500.00 • Improved with extensive tile work
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
139
METHOD & TERMS
The 53-19 Investment, LLC 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 December 15, 2023. The seller will provide title insurance in the full amount of the purchase price. Seller will receive 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 lease 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
80.81 TAXABLE ACRES±
VIRTUAL ONLINE | HENRY COUNTY, ILLINOIS LAND AUCTION FRIDAY, NOVEMBER 17 2023 AT 10:00 AM CT
SELLING IN 1 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 53-19 INVESTMENT, LLC
Page 1 Page 2 Page 3 Page 4Made with FlippingBook interactive PDF creator