VIRTUAL ONLINE
ADAMS COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 29, 2023 AT 10:00 AM CT
44.91 TAXABLE ACRES± • SELLING IN 1 TRACT
KERLEY PROPERTIES, LLC Title Company: Near North Title Group Doreen Miller, Senior Commercial Escrow Officer, Attorney 1 Bronze Pt., Swansea, IL 62226 | (618) 971-8822 | DMiller@nntg.com
MICHAEL SULLIVAN (309) 333-0916
JOHN BORROWMAN (217) 430-0645
RODNEY BORROWMAN (630) 247-0667
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
The Kerley farm is located southeast of Liberty, IL a short distance south off Hwy 104 near the small town of Kingston. The farm is further described as being located in Section 8, T3S - R5W, Beverly Township, Adams County, IL. The farm represents tillable farmland, timber & draws, potential building sites & is highly secluded with private lane access extending from Hwy 104. Farm sells with open farming and hunting rights for 2024! LOCATION & GENERAL INFORMATION
SUBJECT
TRACT INFORMATION
• FSA figures indicate 40.66 acres of cropland acres • Productivity Index (PI): 110.1 • Soil types include Winfield and Keomah • The balance of the farm is in timber/draws which make excellent recreational & hunting opportunities • Outstanding building site in the Liberty School District • Access is via an ingress/egress easement down a secluded lane which extends from Hwy 104 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
110.1
METHOD & TERMS
The Kerley farm will be sold on a price per acre basis, based on 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 Friday, December 29, 2023. The seller will provide title insurance in the full amount of the purchase price. Seller will retain all the 2023 cash rent income and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing, based on 2022 taxes. Open tenancy for 2024 crop year and beyond. Possession at closing, subject to an existing cash rent lease for the 2023 crop year. 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
44.91 TAXABLE ACRES±
VIRTUAL ONLINE | ADAMS COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 29, 2023 AT 10:00 AM CT
SELLING IN 1 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 KERLEY PROPERTIES, LLC
Page 1 Page 2 Page 3 Page 4Made with FlippingBook - Online magazine maker