VIRTUAL ONLINE
MENARD COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, OCTOBER 16, 2024 AT 10:00 AM CT
288 ACRES± • SELLING IN 5 TRACTS
SAT., OCTOBER 5, 2024 9:00 - 11:00 AM TRACT 5
AUCTION MANAGERS:
REBBE 6 FARMS Representing Attorney: Brandon R. Clark | Brown Hay & Stephens 205 S 5th St #10000, Springfield, IL 62701 | (217) 544-8491
JOHN SULLIVAN (309) 221-6700
RODNEY BORROWMAN (630) 247-0667
SCAN FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING!
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY WWW.SULLIVANAUCTIONEERS.COM | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION
The Rebbe 6 Farms real estate is located approximately 3 miles east of Petersburg, IL or 6 miles northwest of Athens, IL (15 miles northwest of Springfield, IL). Tracts 1, 2, 3 and 5 are further described as being in Sections 9 & 10, and Tract 4 is in Sections 21, 27 & 28, all in Petersburg East No. 13 Township, Menard County, IL. The land contains 288 acres± (subject to survey) and will be offered in 5 tracts. Tracts 1, 2, 3 & 4 are nearly all- tillable with the majority having quality Class A soils. Tract 5 contains 6-plus acres and is improved with a very well maintained older 2-story country home, machine sheds, barns and grain bins (ideally located a short distance from Petersburg and Athens). Farmers, investors and home buyers - be sure to check out these Menard County, IL investment quality parcels!
METHOD & TERMS
Tracts 1, 2, 3 & 4 will be sold on a price per acre basis, based on either surveyed or taxable acres. Then Tracts 1-4 will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any or all 4 tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all 4 Tracts have been selected. We will then offer Tract 5 for a lump sum or total dollar amount. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyer(s) 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. The balance of the bid price will be due at the time of closing, on or before November 18, 2024. The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes, due and payable in 2025. Possession will be given at the time of closing to Tracts 1-4, subject to the removal of the 2024 crops. Buyer will take possession of Tract 5 at closing, subject to pre-existing lease rights through 2025. (contact auction manager for details) 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”.
SAT., OCT. 5, 2024 • 9:00 - 11:00 AM TRACT 5
TRACT INFORMATION
TRACT 4 – 113.80 ACRES (SUBJECT TO SURVEY) • FSA figures should indicate 113.03 cropland acres • Productivity Index (PI): 131 • Soil types include Clarksdale, Ipava, and Rozetta • Access along the north side from Baum Rd and the east side from Snyder Rd. TRACT 5 – 6.5 ACRES (SUBJECT TO SURVEY) • Improved with a 2-story country home with attached garage 10-rooms including 4-bedrooms and 2 full baths Central air conditioning, LP gas forced air furnace, and replacement vinyl windows Greenview School District, and water well Has been well cared for, is in very good condition and a very attractive country setting. • Other improvements: 15,000 bu grain bin with Shivvers CompuDry Command Center, & 10,000 and (2) 6,000 bu bins (2) storage sheds including an approximately 60’ x 100’ Morton shed and a 40’ x 70’ insulated shop with hoist and concrete floor. Several other livestock outbuildings including a barn • The property is accessed off Powers Rd by a private driveway - 21753 Powers Ave, Petersburg, IL 62675 • Open House: Sat., October 5, 2024 from 9:00 - 11:00 AM
TRACT 1 – 40 ACRES (SUBJECT TO SURVEY) • FSA figures should indicate 38.85 cropland acres • Productivity Index (PI): 133.1(Class A) • Soil types include Buckhart, Tallula-Bold, and Ipava • Balance of the acres is in grass waterways • Access along the west side from Rothert St. and along the south side from Powers Ave. TRACT 2 – 73 ACRES (SUBJECT TO SURVEY) • FSA figures should indicate 72.44 cropland acres • Productivity Index (PI): 134 (Class A) • Soil types include Ipava, Buckhart, and Tallula-Bold • Balance of the acres is in waterways • Access along the south side from Powers Ave. and the east side from Cline St. TRACT 3 – 56.24 TAXABLE ACRES • FSA figures should indicate 55.07 cropland acres • Productivity Index (PI): 138.7 (Class A) • Soil types include Ipava, Buckhart, and Osco • Balance of the acres is in grass waterways • Highway 123 borders along the south side, Rothert St. along the west side and Powers Ave. along the north side
ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. IF YOU NEED ASSISTANCE WITH BIDDING, PLEASE CONTACT OUR OFFICE AT (844) 847-2161
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
288 ACRES± SELLING IN 5 TRACTS
VIRTUAL ONLINE | MENARD COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, OCTOBER 16, 2024 AT 10:00 AM CT
REBBE 6 FARMS
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
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