VIRTUAL ONLINE
ADAMS COUNTY, ILLINOIS LAND AUCTION THURSDAY, OCTOBER 19, 2023 AT 10:00 AM CT
153.85 TAXABLE ACRES± • SELLING IN 1 TRACT
DONNA WEGS Representing Attorney: Jeff Terry | Schmiedeskamp Robertson Neu & Mitchell LLP 525 Jersey St, Quincy, IL 62301 | (217) 223-3030
AUCTION MANAGER:
MICHAEL SULLIVAN (309) 333-0916
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
The Wegs farm is located a short distance northeast of Lima, IL between Lima & Tioga on dead end road E 800th St. The farm is further described as being located in Section 6, T2N - R8W, Lima Township, Adams County, IL. This piece represents a combination of tillable cropland & timber/draws which make an excellent hunting & recreational farm. LOCATION & GENERAL INFORMATION
SUBJECT
LIMA
TRACT INFORMATION
• FSA figures indicate 68.99 acres of cropland currently in row crop production. • Productivity Index Rating (PI): 111.3 • The balance of the tract represents timber, draws & overgrown brushy areas which make for excellent whitetail deer & other wildlife habitat. • This tract lies in northern Adams County & offers some of the best trophy whitetail hunting in the midwest. • Take a look at this tremendous combination farm which offers great hunting & a great ROI. • Plenty of places for food plots, stand/blind placement, ponds & even potential building sites - this tract offers it all! • Access is at the southeast corner by dead end road E 800th St. From the southeast corner of the farm, there is a farm road which takes you up through the timber to the top of the tillable field in the center of the farm.
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
111.3
METHOD & TERMS
The Wegs Farm will be sold on a price per acre basis, based on taxable acres. A survey will NOT be conducted. 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 Monday, November 20, 2023. The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2023 cash rent income and will pay all of the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession at closing, subject to an existing cash rent lease for the 2023 crop year. There are no hunting leases associated with the property. 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 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
153.85 TAXABLE ACRES±
VIRTUAL ONLINE | ADAMS COUNTY, ILLINOIS LAND AUCTION THURSDAY, OCTOBER 19, 2023 AT 10:00 AM CT
SELLING IN 1 TRACT
DONNA WEGS
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
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