STEPHENSON COUNTY, ILLINOIS LAND AUCTION MONDAY, DECEMBER 05, 2022 AT 10:00 AM CT 219.883 TAXABLE ACRES± • SELLING AS 1 TRACT
DONALD W. REETER TESTAMENTARY TRUST & ROSE K. REETER ESTATE Representing Attorney: David D. Shockey, ESQ. | Shockey & Cox, LLC 208 West Stephenson Street, Suite 101, Freeport, Illinois 61032 (815) 235-2507
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 Reeter farm is located approximately 2 miles north of Dakota, IL, or 10 miles northeast of Freeport, IL. The land is further described as being located in Sections 22 & 23, T28N-R8E, Dakota Township, Stephenson County, IL. The property contains a total of 219.883 taxable acres and will be sold in 1 tract. The farm represents nearly all productive tillable farmland. TRACT INFORMATION • 219.883 Taxable Acres • FSA map should indicate approximately 217.28 cropland acres • Productivity Index (PI): 121.9 • Soil types include Ogle, Hitt, Osco, Dodgeville, Durand, Ashdale, Griswold, Elizabeth, Myrtle and Lawson • Access along the east side from N Dakota Rd (Co Hwy 28)
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.
DRONE FOOTAGE AVAILABLE ON OUR WEBSITE
METHOD & TERMS The real estate will be sold on a price per acre basis, based on 219.883 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 January 4, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 taxes, due and payable in 2023. Buyer will be responsible for all subsequent real estate taxes. Possession will be given at closing subject to the current 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. 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”.
ADDITIONAL INFORMATON, PHOTOS & BIDDING 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
219.883 TAXABLE ACRES±
VIRTUAL ONLINE | STEPHENSON COUNTY, ILLINOIS LAND AUCTION MONDAY, DECEMBER 05, 2022 AT 10:00 AM CT
SELLING IN 1 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 DONALD W. REETER TESTAMENTARY TRUST & ROSE K. REETER ESTATEPage 1 Page 2 Page 3 Page 4
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