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WINNEBAGO COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, DECEMBER 7, 2022 AT 2:00 PM CST
79.32 TAXABLE ACRES • 1 TRACT
PRODUCTIVE TILLABLE CROPLAND
COMMERCIAL RESIDENTIAL DEVELOPMENT
JOHNSON FAMILY FARM Representing Attorneys: Gerald B. Shelton, Jr. | Attorney at Law 124 N. Water St. STE. 208, Rockford, IL 61107 | (815) 968-5761 James Stoddard | Klein, Stoddard, Buck & Lewis, LLC 2045 Aberdeen Ct # A, Sycamore, IL 60178 | (815) 748-0380 Auction Managers: Dale Jones (309) 299-6400
DALE JONES
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION
79.32 TAXABLE ACRES • 1 TRACT The Johnson farm is located approximately 2 miles west of Rockford, IL. and is further described as being located in Section 30, T44N•R1E, Rockford Township, Winnebago County, IL. Located at the interchange of Meridian road and US Highway 20. The farm contains a total of 79.32 taxable acres, will be sold in 1 tract and represents productive, tillable crop land, wooded areas, and potential home building sites.
TRACT INFORMATION
79.32 TAXABLE ACRES • FSA records indicate 37.17 NHEL cropland acres • Productivity Index (PI): 109.6 • Major soil types are Kidder, Comfrey, Pecatonica, Fayette, Elco, Lahoguess, & Westville. • Tract is improved with a single story, 2 bedroom, 1 bath home in need of significant repair, a detached 2-car garage, other outbuildings and a well. • The balance of the parcel is wooded areas and draws with whitetail deer and turkey habitat. • Rockford school district • Located at the interchange of Meridian Rd. and US Highway 20 • Access along the west side from S. Meridian Rd. and from the south side from Cunningham Rd.
109.6
SUBJECT PHOTOS
FARMERS, INVESTORS, HUNTERS AND OUTDOOR ENTHUSIASTS, DON’T MISS THIS OPPORTUNITY TO PURCHASE THIS QUALITY TRACT.
PRODUCTIVE & TILLABLE FARMLAND
METHOD & TERMS
The real estate will be sold on a price per acre basis, based on 79.32 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 9th, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for the 2023 and all subsequent taxes. Seller will retain all the 2022 farm income. The farm sells free and clear of farm tenancy for 2023. Possession will be given at the time of closing subject to any remaining tenancy for 2022 only. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal, or inspection of the property. All announcements made on 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.”
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FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
WINNEBAGO COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, DECEMBER 7, 2022 AT 2:00 PM CST
79.32 TAXABLE ACRES • 1 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 JOHNSON FAMILY FARM
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