VIRTUAL ONLINE
HENRY COUNTY, ILLINOIS LAND AUCTION MONDAY, AUGUST 21, 2023 AT 10:00 AM CT 212.53 TAXABLE ACRES± • SELLING AS 3 TRACTS
TRACT 1
TRACT 3
TRACT 2
BECKMAN FAMILY TRUST Representing Attorney: Brian Peterson | Simpson Peterson Law Office 246 E Main St #201, Galesburg, IL 61401 | (309) 343-6152
BRANDT HENNESS (309) 224-4276
MICHAEL SULLIVAN (309) 333-0916
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
The Beckman farms are located north & west of Bishop Hill, IL and are further described as being located in Sections 1, 2, 8 & 9, T14N - R3E, Weller Township, Henry County, IL. The tracts represent highly productive, investment quality, Class A tillable farmland. LOCATION & GENERAL INFORMATION
TRACT INFORMATION
TRACT 1 • 117.89 TAXABLE ACRES • FSA figures indicate 108.94 acres of cropland currently in row crop production • Productivity Index (PI): 139.4 (Class A) • Soil types include Ipava, Osco, Greenbush & Sawmill • Tiled • 2022 wind zone income approximately $5,475 • The non-cropland acres represent a timbered draw in the southwest portion of this property • Access is along the north side by County Hwy 4 (blacktop) & along the west side by County Hwy 39 (blacktop) TRACT 2 • 40 TAXABLE ACRES • FSA figures indicate 39.51 acres of NHEL cropland currently in row crop production • Productivity Index (PI): 137.7 (Class A) • Soil types include Proctor, Sawmill, Elburn, Ipava & Sable • Access is along the east side by County Hwy 39 (blacktop) TRACT 3 • 56.64 TAXABLE ACRES • FSA figures indicate 54.99 acres of NHEL cropland currently in row crop production • Productivity Index (PI): 133.9 (Class A) • Soil types include Ipava, Clarksdale, Sable, Sylvan, Osco & Greenbush • 2022 wind zone income approximately $6,000 • Access is along the north side by N 450th Ave.
METHOD & TERMS
All 3 tracts will sell on a per acre basis, based on taxable acres, and will be offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) any or all tracts for their high bid. “Buyers Choice” auctioning will continue until all 3 tracts have been elected. The tracts will NOT be offered together or in any combination at the conclusion of the auction. Immediately following the auction, the successful buyer(s) will be required to enter into a written Real Estate Sales Contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment. The balance of the bid price will be due at the time of closing, on or before Thursday, September 21, 2023. 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. Possession will be given at the time of closing, subject to the remaining rights of the current farm tenant. Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection. All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure 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 pertaining to the property. The real estate and any improvements are 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
212.53 TAXABLE ACRES± SELLING IN 3 TRACTS
VIRTUAL ONLINE | HENRY COUNTY, ILLINOIS LAND AUCTION MONDAY, AUGUST 21, 2023 AT 10:00 AM CT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 BECKMAN FAMILY TRUST
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