STEPHENSON & WINNEBAGO COUNTY, IL LAND AUCTION MONDAY, AUGUST 15 TH , 2022 AT 10:00 A.M. CT VIRTUAL ONLINE 402.53 ACRES ± (SUBJECT TO SURVEY) • SELLING IN 6 TRACTS
Citizens State Bank Land Trust, Et Al.
Representing Attorney: David D. Shockey, Esq. | Shockey & Cox, LLC 208 West Stephenson Street, Suite 101, Freeport, IL 61032 (815) 235-2507
Auction Manager: Kevin Haas (309) 264-7767 DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION The Citizens State Bank Land Trust, Et Al real estate is located between Freeport and Rockford, IL. Tract 1 is located at the northeast edge of Rock City, IL, in Section 21, T28N-R9E, Rock Run Township, Stephenson County, IL, contains 121.9 taxable acres and is nearly all-tillable farmland with highly productive soils. Tracts 2 - 6 are located approximately 4 miles southwest of Pecatonica, IL, in Section 1, T26N-R9E, Ridott Township, Stephenson County, IL and Section 6, T26N-R10E, Seward Township, Winnebago County, IL. These tracts contain a total of 182.34 acres (subject to survey), and are nearly all tillable with mostly Class A soils. Farmers and investors, be sure to check out these investment quality tracts of Stephenson and Winnebago County, IL farmland.
TRACT 1
TRACT 2 TRACT 3-6
PRODUCTIVE TILLABLE CROPLAND!
TRACT 1
TRACT 2
TRACT 3
TRACT INFORMATION
TRACT 1 - 101.71 TAXABLE ACRES • FSA records indicate 98.82 cropland acres • Productivity Index (PI): 122.6 • Soil types include Ogle, Durand, Osco and Griswold • Lies northeast of and adjacent to Rock City, IL and also offers development potential • Access on the south from Congress St TRACT 2 - 121.19 TAXABLE ACRES • FSA records indicate123.38 cropland acres • Productivity Index (PI): 118.1 • Soil types include Hitt, Griswold, Radford and Dodgeville • Access in the southwest corner off US Hwy 20 which runs along the south side TRACT 3 - 48 ACRES (SUBJECT TO SURVEY) • FSA records indicate 46.25 NHEL cropland acres • Productivity Index (PI): 135.2 (Class A) • Soil types include Plano and Virgil • Access in the northeast corner off US Hwy 20 which runs along the north side
TRACT 4 - 18 ACRES (SUBJECT TO SURVEY) • FSA records indicate 18.77 NHEL cropland acres • Productivity Index (PI): 140.4 (Class A) • Soil types include Osco and Plano • Access along the east side from Klinger Rd TRACT 5 - 80 ACRES (SUBJECT TO SURVEY) • FSA records indicate 77.94 NHEL cropland acres • Productivity Index (PI): 138.4 (Class A) • Soil types include Virgil, Osco, Lawson and Elburn • Access along the east side from Klinger Rd TRACT 6 - 36.34 TAXABLE ACRES • FSA records indicate 35.11 NHEL cropland acres • Productivity Index (PI): 140.4 (Class A) • Soil types include Osco, Plano and Lawson • Access along the south side from Comly Rd and along the west side from Klinger Rd
METHOD & TERMS All 6 tracts will be sold on a price per acre basis. Tracts 1, 2 and 6 will sell based on the taxable acres, and Tracts 3, 4 & 5 will sell based on the soon to be completed surveyed acres. Tract 1 will sell first, then Tracts 2 - 6 will be offered through the marketing method of “Buyers Choice,” whereas the high bidder can elect any or all tracts (in any order) for their high bid. If the high bidder does not elect all of the tracts then the remaining tract(s) will be offered and this will continue until all of the tracts have been elected. At the conclusion of the auction the tracts will NOT be offered together or in their entirety 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 September 15, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Possession will be given at the time of closing, subject to a cash rent lease for the 2022 crop year only. The land sells free of any tenancy for 2023. 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”.
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
TRACT 4
TRACT 5
TRACT 6
STEPHENSON COUNTY, IL • TRACT 1 AERIAL & SOIL MAP
Located in Section 21, T28N•R9E, Rock Run Township, Stephenson County, IL
Rock City
TRACT 1
122.5
VISIT OUR WEBSITE SULLIVANAUCTIONEERS.COM FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING
STEPHENSON COUNTY, IL • TRACT 2 AERIAL & SOIL MAP
Located in Section 1, T26N•R9E, Ridott Township, Stephenson County, IL
Tract 3
Tract 4
TRACT 2
118.1
STEPHENSON COUNTY, IL • TRACTS 3, 4, 5 & 6 AERIAL & SOIL MAPS
Tracts 3, 4 & 5 are located in Section 1, T26N•R9E, Ridott Township, Stephenson County, IL Tract 6 is location in Section 6, T26N•R10E, Seward Township, Winnebago County, IL
Tract 2
TRACT 3
TRACT 4
TRACT 5
TRACT 6
DRONE FOOTAGE AND ADDITIONAL INFORMATION AVAILABLE ON OUR WEBSITE!
TRACT 3
TRACT 4
138
135.2
TRACT 5
TRACT 6
140.4
138.4
ON BEHALF OF SULLIVAN AUCTIONEERS, LLC THANK YOU FOR YOUR INTEREST IN THIS LAND AUCTION! Auction Manager: Kevin Haas (309) 264-7767
WHAT SETS APART A SULLIVAN AUCTIONEERS’ AUCTION? • Attention To Detail • Product Knowledge • No-Reserve Equipment • Buyer Convenience • Industry Contacts • Aggressive Marketing • No Buyer’s Premium
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
402.53 ACRES ± (SUBJECT TO SURVEY) SELLING IN 6 TRACTS
VIRTUAL ONLINE | STEPHENSON & WINNEBAGO COUNTY, IL LAND AUCTION MONDAY, AUGUST 15 TH , 2022 AT 10:00 A.M. CT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 Citizens State Bank Land Trust, Et Al.
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