Heaton Sale Booklet (1)

LOCATION & GENERAL INFORMATION

The Heaton properties are located in Greene, Calhoun, and Jersey Counties, IL, and represent productive, tillable farms, recreational and hunting properties with cropland acres, country and residential homes, and commercial properties with development potential. • Tracts 1 - 6 contain a total of 604 acres± (subject to survey), are located in close proximity to Carrollton in Greene County, IL, and represent productive cropland farms (some Class A land) and recreational and hunting land. • Tract 7 is a country home and acreage and is located approximately 8 miles southwest of Carrollton, IL. • Tract 8 is an older grain elevator located at the southwest edge of Wrights, IL. • Tract 9 has IL River frontage, contains 6 acres, is improved with a remodeled home, and is located approximately 1 mile north of Hardin, IL. • Tracts 10 - 15 are located in historic Grafton, IL. • Tract 10 is a stone building recently operated as the Gold Star Saloon. • Tracts 11 & 12 are currently vacation homes. • Tracts 13, 14 & 15 are vacant lots with development potential and overlooking Grafton Harbor Marina. Farmers, investors, outdoor enthusiasts, home buyers, and development entrepreneurs, be sure to check out these Tracts 1 - 6 will each be sold by the acre based on either the tax acres or surveyed acres and offered through the marketing method of Buyers Choice whereas the high bidder can elect any or all the tracts in any order for their high bid. If the high bidder does not take all the tracts then Buyers Choice will continue until all the tracts have been elected. We will then sell Tracts 7 - 12 individually, in the order listed and each for a lump sum or total dollar amount. Then we will sell Buyers Choice on Tracts 13, 14 & 15. The tracts will not be combined 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, on or before September 30, 2022, or as otherwise agreed with the seller. Seller will accommodate 1031 tax free exchange. Seller will provide Title Insurance in the full amount of the purchase price. For Tracts 1 - 6, the 2022 real estate taxes, due and payable in 2023, will be paid by the seller. For Tracts 7 - 15, the 2022 real estate taxes will be prorated to the date of closing. Buyer will be responsible for the 2023 and all subsequent taxes. Possession will be given at the time of closing, subject to any remaining crop tenancy for the 2022 crop year for Tracts 1 - 6. properties which offer unlimited opportunities. METHOD AND TERMS Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal, or inspection. 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 and the seller reserves the right to accept the highest bid. Real estate is being sold “AS IS”.

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