ADAMS COUNTY, IL LAND AUCTION - DAVIS

Tuesday, September 3, 2024 - 10:00 AM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at

(844) 847-2161

How to participate in a Virtual Online Auction

LOCATION

Adams County, Illinois

The Davis Farm Trust land is located approximately 3 1/2 miles south of Bowen, IL (or 10 miles north of Camp Point,15 miles south of Carthage, or 30 miles northeast of Quincy, IL). The land is further described as being located in the East Half of the Northwest Quarter of Section 10, T2N-R6W, Houston Township, Adams County, IL.

SELLER

The Davis Farm Trust

MANAGED BY

John Sullivan (309) 221-6700

Michael Sullivan (309) 333-0916

GENERAL INFORMATION

83.53 taxable acres± • 1 tract

This productive grain farm contains 83.53 taxable acres with 72.2 cropland acres. Farmers and investors, be sure to check out this investment quality farm.

AUCTION BROCHURE

VIEW INTERACTIVE AUCTION BROCHURE

INTERNET BIDDING CATALOGS

CLICK HERE FOR INTERNET BIDDING AND IMPORTANT DOCUMENTS

SOLD!

TRACT 1 - $11,700.00 PER ACRE

TOTAL - $977,301.00

TRACT INFORMATION

83.53 taxable acres
FSA records indicate 72.2 acres of NHEL cropland
The soil Productivity Index (PI) on the tillable acres is 122.5
Soil types include Timewell, Keller, Rubio and Osco
The balance of the acres is waterways
Access is along the north side by N 2900th Ave
The farm is located ½ mile west of Highway 61

CLICK HERE FOR FSA INFORMATION

METHOD & TERMS

The Davis farm will be sold on a price per acre basis, based on 83.53 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 October 3, 2024.

The seller will provide title insurance in the full amount of the purchase price. The seller will also pay the 2024 real estate taxes, due and payable in 2025, by giving the buyer a credit against the purchase price for the estimated tax based on the best information available at the time of closing. Buyer will receive possession at closing subject to the existing farm tenant’s removal of the 2024 crop. The land will sell free of any farm tenancy for the 2025 crop year and thereafter.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made on 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, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.