VIRTUAL ONLINE
PUTNAM COUNTY, ILLINOIS LAND AUCTION FRIDAY, JULY 29, 2022 AT 10:00 AM CT
222.598 SURVEYED ACRES • SELLING AS 1 TRACT
Kotecki Farms Connie Johnson | Daniel Kotecki | Gregory Kotecki REPRESENTING ATTORNEYS: GEORGE LEYNAUD | LEYNAUD LAW GROUP, LLC 1200 38TH STREET | PERU, IL 61354 | (815) 410-4227 MICHAEL L. ENGLISH | RUSSELL, ENGLISH, SCOMA & BENEKE, P.C. TEN PARK AVE. WEST | PRINCETON, IL 61356 | (815) 875-4555
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 Kotecki property is located approximately 3 miles southwest of Spring Valley, IL or 8 miles southwest of LaSalle/Peru, IL, or 20 miles southeast of Princeton, IL. The land is further described as being in Sections 27 & 28, T33N•R1W, Granville Township, Putnam County, IL. The farm contains a total of 222.598 surveyed acres, will be sold in 1-tract which represents productive, tillable cropland, as well as mature timber offering excellent outdoors recreational and hunting opportunities. FARMERS, INVESTORS AND OUTDOORS ENTHUSIASTS, BE SURE TO CHECK OUT THIS FARM WHICH OFFERS SOMETHING FOR EVERYONE.
ADDITIONAL INFORMATION, PHOTOS, BIDDING & MORE: SullivanAuctioneers.com
TRACT INFORMATION
• 222.598 surveyed acres • FSA maps indicate 134.59 NHEL cropland acres • Productivity Index (PI): 117.3 (tillable acres) • Soil types include Blount, Elpaso, Senachwine, Greenbush and Catlin • Balance of the acres is in mature standing timber which offers excellent outdoors recreational and hunting opportunities as well as new home building sites • Adjacent to Illinois DNR Conservation Area • Road access along the south side from CR 1290 N Rd
SOIL MAP
METHOD AND TERMS The real estate will be sold on a price per acre basis, based on the surveyed 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 September 12, 2022. The seller will provide title insurance in the full amount of the purchase price and will provide the buyer with a credit at closing for the 2022 taxes payable in 2023 based upon the most current evidence available. Buyer will be responsible for all subsequent real estate taxes. Possession will be given at closing subject to the current cash rent tenancy for the 2022 crop year only. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. This is a court ordered sale. The court date to approve the sale is Thursday, August 11 at 11:00 AM. 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! No on-site bidding permitted. If you need assistance with internet bidding, please contact our office at (844) 847-2161. Thank you.
www.SullivanAuctioneers.com
ONLINE BIDDING POWERED BY:
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
222.598 SURVEYED
VIRTUAL ONLINE | PUTNAM COUNTY, IL LAND AUCTION FRIDAY, JULY 29 AT 10:00 AM CT
ACRES SELLING IN 1 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 Kotecki Farms Connie Johnson | Daniel Kotecki | Gregory Kotecki
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