VIRTUAL ONLINE
DOUGLAS COUNTY, ILLINOIS LAND AUCTION TUESDAY, AUGUST 23, 2O22 AT 1:00 P.M. CT
74 TAXABLE ACRES • SELLING AS 1 TRACT
CHARLOTTE AYERS, CHARLES AYERS & SHERRY ELLIS Representing Attorney: Robert Kosic | Kosic & Stout 130 N. Locust St. P.O. Box 112 Arcola, IL 61910 (217) 268-3609 | rekosic@kocislegal.com
Auction Manager: David Smith (217) 841-0821 DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION The farm is located 3.5 miles east of Camargo, IL and is further described as being located in Section 32, T16N - R10E, Murdock Township, Douglas County, IL. The farm represents Class A tillable farmland! TRACT INFORMATION 74 Taxable Acres • 1 Tract • FSA figures indicate 75.86 acres of NHEL cropland currently in row crop production • Productivity Index Rating (PI): 136.8 (Class A) • Productive soil types include Drummer- Milford, Milford, Brenton & Elburn • Access is along the north side by E County Rd 1000N • Access to the south part of the farm is via a private RR crossing on the east side of the farm
SUBJECT
METHOD & TERMS The 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, September 23, 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 farm sells free & clear for the 2023 crop year. Bidding is NOT subject to the following 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 ONLINE: www.SullivanAuctioneers.com
www.SullivanAuctioneers.com
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
74 TAXABLE ACRES
VIRTUAL ONLINE | DOUGLAS COUNTY, IL LAND AUCTION TUESDAY, AUGUST 23, 2022 AT 1:00 P.M. CT
SELLING IN 1 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 CHARLOTTE AYERS, CHARLES AYERS & SHERRY ELLIS
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