HANCOCK COUNTY, IL LAND AUCTION - GROSE

• FSA figures indicate 89.2 acres of cropland currently in row crop production
• Productivity Index (PI): 122.3 (Class B)
• Soil types include Timewell, Rozetta, Worthen, Clarksdale, Osco, Hickory, Greenbush, Coatsburg, Ipava, Keomah, Atlas & Lawson
• The non cropland acres represent timber & draws which make for recreational & hunting opportunities
• This tract lies next to the LaMoine River & also has a pond which provides water source for wildlife
• Access is along the north side by E County Rd 1000N (St. Mary’s Blacktop) & along the west side by N County Rd 3020E

The Grose farm will be sold on a price per acre basis, based on a survey that has recently been completed.

Immediately following the auction, the successful buyer(s) 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 Thursday, December 28, 2023.

The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2023 income and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession at closing, subject to the existing farm lease. There are no hunting leases associated with the property.

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”.