Pike County, Illinois Land Auction - Fulmer

Tract Information

Tract 1 - 109.69 Surveyed Acres

FSA maps indicate 93.72 HEL (Split Field)
Productivity Index (PI): 115.5
Soil types include Winfield, Menfro, and Downsouth
Balance of acres in timber and waterways
Access along the south side from 225^th Avenue.

Tract 2 - 60.36 Surveyed Acres

FSA maps indicate 45.00 HEL (Split Field)
Productivity Index (PI): 117.7
Soil types include Winfield, Caseyville, and Downsouth
Balance of acres in timber and waterways
Access along the south side from 225^th Avenue.

Method & Terms

The tracts will be sold on a price per acre basis, based on a soon to be completed survey. Both tracts will be offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) either or both of the 2 tracts for their high bid. “Buyers Choice” auctioning will continue until both tracts have been elected. The tracts will not be offered in their entirety at the end 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 February 2, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for the 2023 and all subsequent RE taxes. ADD IN ABOUT 2 YEAR LEASE AGREEMENT.

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, LLC pertaining to this property. Real estate is being sold “AS IS”.