VIRTUAL ONLINE
MCDONOUGH COUNTY, ILLINOIS LAND AUCTION TUESDAY, DECEMBER 13, 2022 AT 10:00 AM CT
84.93 TAXABLE ACRES± • SELLING IN 1 TRACT
Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161
CHARLES & LYNN LOTZ Representing Attorney: Robert E. Eggmann | Carmody MacDonald PC 120 S. Central Ave., Suite 1800, St. Louis, MO 63105 | (314) 854-8638
Auction Managers: Colette Kennedy (309) 360-1226 & Michael Sullivan (309) 333-0916 DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION The Lotz farm is located on the west edge of Macomb, Illinois, near the intersection of Grant St. and Deer Rd. The farm contains a total of 84.93 taxable acres± representing productive tillable cropland and mature timber, offer- ing excellent outdoor recreational and hunting opportunities. Farmers, investers, developers, and home builders be sure to check out this ideally located McDonough County, Illinois farm.
TRACT INFORMATION • FSA figures indicate approximately 53.51 cropland acres • The remaining acres are in timber and waterways • Productivity Index Rating (PI): 116.4 on the tillable acres • Productive soil types include Rozetta and Keomah • Excellent road frontage for future development • Beautiful new home site potential • Access is along the south side of Grant Street • Real Estate Tax Information о PIN 11-401-266-00 – 23.96 Acres - $268.60 о PIN 04-000-059-05 – 19.28 Acres - $497.52 о PIN 04-000-059-00 – 41.69 Acres - $971.90
METHOD & TERMS This farm will be sold on a price per acre basis, based upon the taxable acres as advertised. 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, January 13, 2023. The seller will provide title insurance and pay the 2022 real estate taxes. The buyer will be responsible for 2023 and all subsequent taxes. Possession will be given at the time of closing, subject to a lease with the cur - rent tenant. The property sells free and clear for the 2023 and beyond crop years. 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 approx- imate. 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”.
www.SullivanAuctioneers.com
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
84.93 TAXABLE ACRES±
VIRTUAL ONLINE | MCDONOUGH COUNTY, IL LAND AUCTION TUESDAY, DECEMBER 13, 2022 AT 10:00 AM CT
SELLING IN 1 TRACT
CHARLES & LYNN LOTZ
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
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