Rhodes Sale Bill

VIRTUAL ONLINE

MORGAN COUNTY, ILLINOIS LAND AUCTION THURSDAY, DECEMBER 21, 2023 AT 1:00 PM CT

219.86 ACRES± (SUBJECT TO SURVEY) • SELLING AS 2 TRACTS

TRACT 1

SHARON S. RHODES TRUST Representing Attorney: Jenna Tucker Rammelkamp Bradney, P.C. | (217) 245-6177 232 West State Street, P.O. Box 550, Jacksonville, IL 62651 TRACT 2

RODNEY BORROWMAN (630) 247-0667

JOHN BORROWMAN (217) 430-0645

JOHN SULLIVAN (309) 221-6700

DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM

SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107

LOCATION & GENERAL INFORMATION

The Rhodes Farm real estate is located approximately 1 1/2 miles west of Murrayville, IL, or 9 miles northeast of Roodhouse, IL, or 10 miles south of Jacksonville, Illinois. The property is further described as being in Sections 12 & 13, T13N-R11W, Murrayville No. 2 Township, Morgan County, Illinois. The real estate contains a total of 219.86 acres± (subject to survey) and will be sold in 2 tracts. Tract 1 is a highly productive, all-tillable Class A soil farm, and Tract 2 is a combination farm with tillable and recreational acres. Farmers and investors, be sure to check out these investment quality Morgan County, IL farms.

TRACT 1

TRACT 2

TRACT INFORMATION

TRACT 1 – 71.08 ACRES± (SUBJECT TO SURVEY) • FSA figures should indicate 70.58 NHEL cropland acres • Productivity Index (PI): 141.1 • Soil types include Ipava, Virden, and Osco • Nearly 100% tillable • Access along the west side from Carroll Rd TRACT 2 – 148.78 ACRES± (SUBJECT TO SURVEY) • FSA figures indicate 56.66 HEL cropland acres, however, there are approximately 107 acres being tilled • Productivity Index (PI): 120.7 • Soil types include Rozetta, Fayette, and Osco • The balance of the acres is wooded - offering outdoor recreational and hunting opportunities as well as potential home building sites. • Access along the west side from Carroll Rd, the south side from Andras Rd, and the east side from Murrayville Rd

HIGHLIGHTED AREAS HAVE BEEN CLEARED

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

TRACT 1

TRACT 2

141.1

METHOD & TERMS

The Rhodes Farm will be sold on a price per acre basis, based on surveyed 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 25, 2024. The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes, due and payable in 2024. Open lease for the 2024 crop year and beyond. Possession at closing subject to the remaining 2023 crop lease. 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”.

120.7

1

DRONE FOOTAGE AVAILABLE ON OUR WEBSITE

2

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

219.86 ACRES± (SUBJECT TO SURVEY) SELLING AS 2 TRACTS

VIRTUAL ONLINE | MORGAN COUNTY, ILLINOIS LAND AUCTION THURSDAY, DECEMBER 21, 2023 AT 1:00 PM CT

DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 SHARON S. RHODES TRUST

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