ROCK ISLAND COUNTY, ILLINOIS LAND AUCTION FRIDAY, MARCH 24, 2023 AT 10:00 AM CT 195 ACRES± (SUBJECT TO SURVEY) • SELLING IN 4 TRACTS VIRTUAL ONLINE
MICHELLE E. WHITESIDE FARM Representing Attorney: Douglas R. Lindstrom, Jr. | Lane & Waterman, LLP 220 North Main Street, Suite 600 Davenport, IA 52801 | (563) 333-6629 Auction Manager: Dale Jones (309) 299-6400
DALE JONES
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION The Whiteside farm is located approx. 2 miles east of Andalusia, IL , or approx. 3 miles west of Milan, IL along IL Rt. 92 and is further described as being located in Section 24, T17N-R3W, Andalusia Township, and Section 19, T17N-R2W, Blackhawk Township, Rock Island County, IL. The tracts represent a combination of highly productive tillable cropland and wooded areas offering excellent whitetail deer hunting and other outdoor recreational opportunities. Farmers and outdoor enthusiast, be sure to check out this Rock Island County, Illinois property offering free and clear farming rights for 2023! TRACT INFORMATION Tract 1 – 31 Acres± (Subject to Survey) • FSA map should indicate 27.3 cropland acres which includes the following: о 19.4 NHEL cropland acres о 7.9 CRP acres with an annual payment of $839 expiring 09-30-2023 • Productivity Index (PI): 130.6 • Soil types include Raddle, Martinsville, Orion • The balance of this tract represents timber and wetland areas.
• Access is along the south by IL Rt. 92 Tract 2 – 64 Acres± (Subject to Survey) • FSA map should indicate 43.52 cropland acres which includes the following: о 34.92 NHEL cropland acres о 8.6 CRP acres with an annual payment of $898 expiring 9-30-2023 • Productivity Index (PI): 137 (Class A!) • Soil types include Raddle, Lawson, Sawmill, Joslin, Coffeen • This tract is improved with a 6-ring grain bin with electrical service. о The bin is roughly 5500bu. With an aeration floor and fan. The power source is through mid American and will require a meter to be installed. • The balance of this tract represents timber and wetland areas suitable for recreational activities. • Access is along the south by IL Rt. 92 Tract 3 – 60 Acres± (Subject to Survey) • FSA map should indicate 47.54 cropland acres which includes the following: о 32.67 NHEL cropland acres о 14.9 CRP acres with an annual payment of $1550 expiring 9-30-2023 • Productivity Index (PI): 137.8 (Class A!) • Soil types include Sawmill, Lawson, Raddle, Joslin, Coffeen • The balance of this tract represents timber and wetland areas suitable for recreational activities. • Access is along the south by IL Rt. 92 Tract 4 – 40 Acres± (Subject to Survey) • FSA map should indicate 23.11 cropland acres which includes the following: о 21.01 NHEL cropland acres о 2.1 CRP acres with an annual payment of $221 expiring 9-30-2024 • Productivity Index (PI): 132.2 • Soil types include Coffeen, Joslin, Lawson, Raddle • The balance of this tract represents timber and wetland areas suitable for recreational activities.
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
• Access is along the south by IL Rt. 92 WWW.SULLIVANAUCTIONEERS.COM
TRACT 2
TRACT 1
130.6
137
TRACT 3
TRACT 3
132.2
137.8
METHOD & TERMS Tracts 1-4 will be sold on a price per acre basis, based on surveyed acres & will be sold through the marketing method of “Buyers Choice,” whereas the high bidder can elect any or all 4 tracts for their high bid. If the high bidder does not elect all tracts, then the remaining tract(s) will be offered. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyer(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 which will take place on or before Thursday, April 24, 2023. 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. Buyer will be responsible for the 2023 and all subsequent RE taxes. Possession will be given at the time of closing. Property sells free and clear for 2023 farming rights. 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”. FOR ADDITIONAL INFORMATION, PHOTOS & BIDDING INSTRUCTIONS: SULLIVANAUCTIONEERS.COM
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
195 ACRES± (SUBJECT TO SURVEY) SELLING IN 4 TRACTS
VIRTUAL ONLINE | ROCK ISLAND COUNTY, ILLINOIS LAND AUCTION FRIDAY, MARCH 24, 2023 AT 10:00 AM CT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 MICHELLE E. WHITESIDE FARM
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