VIRTUAL ONLINE
LIVINGSTON COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, JULY 19, 2023 AT 10:00 AM CT
220 ACRES± (SUBJECT TO SURVEY) • SELLING IN 1 TRACT
AUCTION MANAGER:
KPM FARM LLC
Representing Attorney: Nicholas Ehrgott | Caughey, Legner, Freehill, Ehrgott & Mann, LLP 204 N. Main Street, Pontiac, IL 61764 | (815) 842-1112
KEVIN HAAS (309) 264-7767
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
The KPM Farm is located 7 miles west of Dwight, IL or 14 miles north of Pontiac, IL. The farm is further described as being located in Section 11, T30N-R5E, Sunbury Township, Livingston County, Illinois. The tract represents productive farmland. LOCATION & GENERAL INFORMATION
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 – 220 ACRES± (SUBJECT TO SURVEY) • FSA map should indicate approximately 218 cropland acres (split field) • Productivity Index (PI): 118.7 • Soil types include Bryce, Swygert, Rutland, and Clarence • No improvements or CRP acres • Access along the north side from St Rt 17 and along the east side from N 1700E Rd TRACT INFORMATION
DRONE FOOTAGE AVAILABLE ON OUR WEBSITE
METHOD & TERMS
The KPM 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 November 1, 2023. The seller will provide title insurance in the full amount of the purchase price. The farm is being sold subject to an existing 50/50 crop share lease for the 2023 crop year. Seller will retain all of the 2023 crop income and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession at closing, subject to an existing 50/50 crop share 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
220 ACRES± (SUBJECT TO SURVEY)
VIRTUAL ONLINE | LIVINGSTON COUNTY, IL LAND AUCTION WEDNESDAY, JULY 19, 2023 AT 10:00 AM CT
SELLING IN 1 TRACT
KPM FARM LLC
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
Page 1 Page 2 Page 3 Page 4Made with FlippingBook Online newsletter maker