VIRTUAL ONLINE
MENARD COUNTY, ILLINOIS LAND AUCTION THURSDAY, JANUARY 23, 2025 AT 10:00 AM CT
35.928 SURVEYED ACRES • SELLING IN 2 TRACTS
AUCTION MANAGER:
HAVANA NATIONAL BANK Representing Attorney: Blake Lindner | Knuppel and Lindner 124 West Market Street, Havana, IL 62644 | (309) 543-2291
JOHN SULLIVAN (309) 221-6700
SCAN FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING!
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY WWW.SULLIVANAUCTIONEERS.COM | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION
The real estate is located approximately 1 mile south of Oakford, IL or 7 miles northwest of Petersburg, IL along Highway 97 (15 miles south of Havana or 30 miles northwest of Springfield, IL). The property is further described as being located in part of Section 24, T19N-R8W Oakford Township, Menard County, lllinois. The land contains 35.928 surveyed acres and will be sold in 2 tracts. Both tracts represent rolling farmland with wooded areas offering farm income, potential home building sites and outdoor recreational opportunities. Farmers, home builders, outdoor enthusiasts and investors, be sure to check out these attractive investment quality tracts.
TRACT INFORMATION
TRACT 1 - 24.544 SURVEYED ACRES • FSA maps indicate 21.26 cropland acres • Productivity Index (PI): 94.9 • Soil types include Princeton-Bloomfield and Middletown • The non-tillable acres are wooded and offer outdoor recreational opportunities • Several nice home building sites are available on this parcel • Highway 97 is located along the west side and Lounsberry Road on the east side TRACT 2 - 11.384 SURVEYED ACRES • FSA maps indicate 8.10 cropland acres • Productivity Index (PI): 96.1 • Soil types include Princeton-Bloomfield and Middletown • The non-tillable acres are wooded and offer outdoor recreational opportunities • Several nice home building sites are available on this parcel • Highway 97 is located along the west side
TRACT 1
TRACT 2
AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. IF YOU NEED ASSISTANCE WITH BIDDING, PLEASE CONTACT OUR OFFICE AT (844) 847 - 2161
METHOD & TERMS
The tracts will be sold on a price per acre basis, based on the surveyed acres. Both tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will then be offered. The tracts will NOT be offered together at the conclusion of the auction. 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, February 26, 2025. The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes due in 2025. Open lease for the 2025 crop year and full possession at closing. 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”.
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
35.928 SURVEYED
VIRTUAL ONLINE | MENARD COUNTY, ILLINOIS LAND AUCTION THURSDAY, JANUARY 23, 2025 AT 10:00 AM CT
ACRES SELLING IN 2 TRACTS
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 HAVANA NATIONAL BANK
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