VIRTUAL ONLINE
MCDONOUGH COUNTY, IL LAND AUCTION
FRIDAY, AUGUST 12, 2022 - 10:00 A.M. CT
126.73 ACRES± 1 TRACT
LOCATION & GENERAL INFORMATION The Rhonda Hand farm is located 2 miles south of Industry, IL on the east side of Highway 67 (11 miles south of Macomb, IL or 12 miles north of Rushville, IL). The property is further described as being in part of Sections 26 & 35, T4N-R2W, Industry Township, McDonough County, IL. The farm is highly productive, nearly all tillable with Class A soils. Farmers and investors, be sure to check out this investment quality McDonough County, IL farm.
RHONDA HAND SELLER Representing Attorney: Steve Holland | Holland & Holland 397 W. Main St., Bushness, IL 61422 | (309) 772-3178
AUCTION MANAGER JOHN SULLIVAN (309) 221-6700
Sullivan Auctioneers, LLC | Toll Free (844) 847-216 | www.SullivanAuctioneers.com | Email: Sold@SullivanAuctioneers.com | Lic. #444000107
TRACT INFORMATION • 126.73 taxable acres • FSA maps indicate 117.02 crop- land acres • Productivity Index (PI): 139.3 (Class A) • Soil types include Ipava, Sable and Clarksdale • The balance of the acres is a building site and grass water- ways • Improvements include: - (2) steel grain bins • (10,000 and 3,000 bu) - 40’ x 70’ machine shed • Highway 67 borders along the west side, Inverness Road along the north side and E1650th St along the east side
SUBJECT
METHOD & TERMS The real estate will be sold on a price per acre basis, based on the 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 es- crow 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 pay the 2021 & 2022 real estate taxes. Buyer will be responsible for the 2023 & all subsequent real estate taxes. Possession will be given at closing subject to the current cash rent lease 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. All announcements made sale day take precedence over prior advertising either written or oral. The informa- tion in our brochure, in our advertisements and on our website is believed to be accurate; however, no liabil- ity 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”.
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
VIRTUAL ONLINE | MCDONOUGH COUNTY, IL LAND AUCTION FRIDAY, AUGUST 12, 2022 AT 10:00 A.M. CT
126.73 ACRES± 1 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 RHONDA HAND
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