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MASON COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, JUNE 3, 2026 AT 10:00 AM CT 80.71 TAXABLE ACRES± • SELLING IN 1 TRACT
LOCATION & GENERAL INFORMATION
The Phelps/Wooldridge farm (known locally as the Martinie Farm) is located approximately 3 miles east of Mason City, IL or 15 miles west of Lincoln, IL (25 miles east of Havana, IL, 30 miles north of Springfield, IL or 45 miles south of Peoria, IL). The land is further described as being located in the East Half of the Northeast Quarter of Section 11, T20N-R5W, Mason City Township, Mason County, IL. The farm contains 80.71 taxable acres, will be sold as one tract and is nearly all tillable with Class A soils. Farmers and investors, be sure to check out this investment quality farmland.
MASON CITY
TRACT INFORMATION
• 80.71 Taxable Acres • FSA records indicate 79.18 NHEL cropland acres • The soil Productivity Index (PI) is 139.7 (Class A) • Soil types include Tama, Ipava and Sable
JULIE PHELPS AND KIM WOOLDRIDGE Representing Attorney: Thomas L. Brownfield, Attorney at Law 19524 Baldwin Beach, Havana, IL 62644 | (309) 338-2175 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, pertaining to this property. Real estate is being sold “AS IS”. The Phelps/Wooldridge farm will be sold on a price per acre basis, based on 80.71 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 July 1, 2026 . The seller will provide title insurance in the full amount of the purchase price and pay all of the 2025 real estate taxes, due and payable in 2026. The 2026 RE taxes, due in 2027, will be split evenly in half with the seller and buyer each paying half. Possession at closing subject to a cash rent lease for the 2026 crop year only. The buyer to receive 1/2 of the cash rent due and payable in November 2026. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. • Wind lease agreement with Cordelio DevCo 11 LLC, as evidenced by a Memorandum of Lease filed of record on 11/10/01 in the office of the Mason County Recorder, Document No: 20220094890. • There is a grass waterway/drainage ditch that runs through the farm • County Road 3900E borders the farm on the east side and 1000N along the north side METHOD & TERMS
JOHN SULLIVAN (309) 221-6700 AUCTION MANAGER:
WWW.SULLIVANAUCTIONEERS.COM (844) 847-2161 | LICENSE #444000566
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
80.71 TAXABLE ACRES±
LIVE ONLINE | MASON COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, JUNE 3, 2026 AT 10:00 AM CT
SELLING IN 1 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS | (844) 847-2161 | LICENSE #444000566 JULIE PHELPS & KIM WOOLDRIDGE
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