HENRY COUNTY, IL LAND AUCTION - DOSS & LIICHOW

Henry County, Illinois

Tract 1 is located 3 miles north of Bishop Hill, IL in Section 36 of Cambridge Township on E 1700th St . Tracts 2 & 3 are located 3 1/2 miles northwest of Bishop Hill, IL in Section 3 of Weller Township on County Hwy 4 (N 570th Ave). Tracts 4 & 5 are located 4 1/2 miles south of Orion, IL on Hwy 150 to County Hwy 7 then west 2 miles to E 100th St then south 1 mile in Section 19 of Lynn Township.

445.22 acres± • 5 tracts

All 5 tracts represent productive tillable cropland!

Tract 1 - 25.39 acres

• PIN 18-36-300-009
• FSA figures should indicate 26.1 acres of cropland
• Productivity Index: 133.5
• Soil types include Osco, Proctor, Ipava, Plano, Assumption and Millbrook
• Access on the west by E 1700th St

Tract 2 - 86 acres

• PIN 23-03-100-001
• FSA figures should indicate 86.32 acres of cropland
• Productivity Index: 133.5
• Soil types include Millbrook, Elburn, Plano, Cresent, Drummer and Proctor
• Access on the south by County Hwy 4 (N 570th Ave)

Tract 3 - 105.3 acres

• PIN 23-03-300-001
• FSA figures should indicate 101.61 acres of cropland
• Productivity Index: 137.7
• Soil types include Elburn, Plano, Proctor, Drummer, Thorp and Millbrook
• This tract contains 2 wind turbines which generate additional income. (contact auction manager Jim Sullivan at 217-440-8172 for additional information)
• Access on the north by County Hwy 4 (N 570th Ave)

Tract 4 - 132.37 acres

• PIN 16-19-400-005 (part)
• FSA figures should indicate 124 acres of cropland
• Productivity Index: 125.1
• Soil types include Sawmill, Tice, Radford and Raddle
• Access on the east by E 100th St

Tract 5 - 96.16 acres

• PIN 16-19-400-005 (part)
• FSA figures should indicate 95 acres of cropland
• Productivity Index: 116.9
• Soil types include Osco, Cresent, Elkhart, Sylvan, Radford, Sawmill and Hickory
• Access on the east by E 100th St

Bidding on all five tracts will be on a per acre basis.

Tracts 1, 2 and 3 will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any of tracts 1, 2 or 3 for their high bid. If the high bidder does not elect all three tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all three tracts have been elected. Tracts 4 and 5 will then be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect tract 4 or tract 5 for their high bid. If the high bidder does not elect both tracts 4 and 5 for their high bid, the remaining tract will be sold. The tracts will NOT be offered in their entirety at the conclusion of the auction.

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 Monday, October 21, 2024 Friday, October 18, 2024.

The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes. Possession will be given at the time of closing subject to the current farm tenants rights for the 2024 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, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.