ADAMS COUNTY, IL LAND AUCTION - EICKEN

Thursday, June 6, 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 Eicken farm is located between Bowen & Golden a short distance northwest of LaPrairie, IL. The farm is further described as being located in Section 1, T2N - R6W, Houston Township, Adams County, IL.

SELLER

The Estate of Duane Eicken

Tyler S. Phillips, Administrator

MANAGED BY

Michael Sullivan (309) 333-0916

GENERAL INFORMATION

80 acres± • 1 tract

The farm represents productive tillable farmland and is improved with a home & outbuildings.

AUCTION BROCHURE

VIEW INTERACTIVE AUCTION BROCHURE

INTERNET BIDDING CATALOGS

CLICK HERE FOR INTERNET BIDDING AND IMPORTANT DOCUMENTS

SOLD!

TRACT 1 - $17,500.00 PER ACRE

TOTAL - $1,400,000.00

TRACT INFORMATION

80 taxable acres±
FSA figures indicate 79.03 acres of NHEL cropland currently in row crop production
Productivity Index (PI): 127.3
Soil types include Timewell, Ipava, Rubio, Keller & Osco
This tract is improved with an older farm house (in need of repairs) & some older outbuildings
Access is along the east side by E 2500th St. & along the south by N 2900th Ave.

METHOD & TERMS

The Eicken farm will be sold on a price per acre basis, based on 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 Monday, July 8, 2024.

The seller will provide title insurance in the full amount of the purchase price and will pay the 2023 real estate taxes due in 2024 with a credit at closing. Buyer will pay the 2024 taxes and beyond. Possession will be given at the time of closing subject to a 50-50 crop share lease agreement (contact the auction manager for details regarding the 2024 farm lease).

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”.