VIRTUAL ONLINE
IROQUOIS COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, JANUARY 17, 2024 AT 10:00 AM CT
80 TAXABLE ACRES± • SELLING IN 1 TRACT
IVEN L. LOWE ESTATE ALICE LAVONNE WADE, EXECUTOR Representing Attorney: Justin J. Stoller | Stoller Law Office 15 West Front Street, El Paso, IL 61738 | (309) 527-4300
AUCTION MANAGER:
KEVIN HAAS (309) 264-7767
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
The land is located 2 miles northwest of Loda, IL, or 30 miles north/northeast of Champaign, IL. The land is further described as being located in Section 18, T24N-R10E, Loda Township, Iroquois County, Illinois. Farmers & investors, take advantage of this opportunity to purchase a high ROI farm with quality soils that is close to excellent grain market outlets. LOCATION & GENERAL INFORMATION
TRACT INFORMATION
• 80.0 taxable acres • FSA records indicate 77.93 NHEL cropland acres • Soil types include Clarence, Rowe, Chatsworth, and Bryce • Excellent ROI opportunity • 65 BPA soybeans produced in 2023 • The balance of the farm is in wooded draws, which provides an opportunity for whitetail deer hunting • Productivity Index (PI): 96.6 • Access along the north side from 400N Rd and along the west side from 000E Rd (County Line Rd) 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
96.6
METHOD & TERMS
The Lowe 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 Tuesday, February 20, 2024. The seller will provide title insurance in the full amount of the purchase price and will pay all the 2023 taxes, due and payable in 2024, with a credit at closing. Buyer will pay all the 2024 taxes and beyond. Open lease for 2024 crop year and beyond. 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, 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
80 TAXABLE ACRES±
VIRTUAL ONLINE | IROQUOIS COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, JANUARY 17, 2024 AT 10:00 AM CT
SELLING IN 1 TRACT
IVEN L. LOWE ESTATE ALICE LAVONNE WADE, EXECUTOR
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
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