VIRTUAL ONLINE
LEE COUNTY, ILLINOIS LAND AUCTION TUESDAY, JANUARY 28, 2025 AT 1:00 PM CT 160.0 TAXABLE ACRES± • SELLING IN 1 TRACT
AUCTION MANAGERS:
LAND INVESTMENTS LLC, ETAL Representing Attorney: Michael A. Kraft | Quinn Johnston 227 NE Jefferson Ave, Peoria, IL 61602 | (309) 674-1133
KEVIN HAAS (309) 264-7767
ISAAC TABER (309) 335-8081
SCAN FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING!
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY WWW.SULLIVANAUCTIONEERS.COM | (844) 847-2161 | LICENSE #444000107
The land is located 6 miles southwest of Amboy, IL, 7 miles northeast of Ohio, IL, or 17 miles southeast of Sterling, IL. It is further described as being located in Section 12, T19N-R9E, East Grove Township, Lee County, Illinois. Farmers & investors, be sure to check out the extensive drainage and conservation improvements recently made to this farm! LOCATION & GENERAL INFORMATION
AMBOY
TRACT INFORMATION
• 160.0 taxable acres± • FSA records indicate 140.35 NHEL cropland acres • Productivity Index (PI): 120.2 • Soil types include Houghton, Selma, Hooppole, Sparta, Comfrey, Warsaw, and Dickinson • The balance of the farm is mostly a drainage ditch which provides an excellent outlet for future tile installation • Over 34,000 ft of recently installed tile • Recently completed clearing and other conservation improvements • Access along the south side from Union Rd
SUBJECT
AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. IF YOU NEED ASSISTANCE WITH BIDDING, PLEASE CONTACT OUR OFFICE AT (844) 847 - 2161
120.2
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, February 28, 2025. The seller will provide title insurance in the full amount of the purchase price. Seller will pay all the 2024 real estate taxes, due and payable in 2025, through a credit at closing. Buyer will pay all the 2025 taxes and beyond. Open lease for 2025 crop year and beyond. Possession at closing. 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, a BigIron company pertaining to this property. Real estate is being sold “AS IS”.
ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
160.0 TAXABLE ACRES±
VIRTUAL ONLINE | LEE COUNTY, ILLINOIS LAND AUCTION TUESDAY, JANUARY 28, 2025 AT 1:00 PM CT
SELLING IN 1 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 LAND INVESTMENTS LLC, ETAL
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