LOCATION & GENERAL INFORMATION
The Tipsword real estate is located approximately 3 miles south of Beecher City, IL, or 7 miles north of Altamont, IL, or 12 miles west of Effingham, IL. It is further described as being in Sections 8, 17, 18, & 21, T8N-R4E, Moccasin Township, Effingham County, Illinois. The real estate represents a combination of tillable farmland and premier hunting/recreational land in a highly sought-after area of Effingham County, Illinois. AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. IF YOU NEED ASSISTANCE WITH BIDDING, PLEASECONTACT OUR OFFICE AT (844) 847 - 2161 ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com
METHOD & TERMS
The real estate will be sold on a price per acre basis, based on taxable acres. The tracts will be offered through the marketing method of “Buyer’s Choice”, where the high bidder can elect any or all 4 tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all 4 tracts have been selected. 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. The balance of the bid price will be due at the time of closing, on or before Monday, June 11, 2025. The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 taxes due in 2025 through a credit at closing based on the best available information. Buyer will pay all the 2025 taxes. Buyer receives all the 2025 cash rent and seller’s portion of the CRP Contract prorated from January 1, 2025. (Contact auction managers for details) Possession at closing subject to an existing lease for the 2025 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 pertaining to this property. Real estate is being sold “AS IS”.
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