MERCER COUNTY, ILLINOIS LAND AUCTION – JOHNSON

Tuesday, March 28, 2023 - 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

LOCATION


Mercer County, Illinois

The Mark Johnson Farm is located approximately 4.5 miles east of Sherrard, IL, or 14 miles southeast of Moline, IL, or 29 miles north of Galesburg, IL. The property is further described as being located in Sections 11 & 12, T15N-R1W, Richland Grove Township, Mercer County, Illinois.

SELLER


Mark Johnson

MANAGED BY


Dale Jones (309) 299-6400

GENERAL INFORMATION


61.47 Taxable Acres± • 1 Tract

The farm represents improved pasture, wooded areas with recreational possibilities, a pond and attractive home building sites with great access along Knoxville Rd in Sherrard School District. The farm sells free clear of tenancy for 2023!

AUCTION BROCHURE


INTERNET BIDDING CATALOGS


TRACT INFORMATION


61.47 Taxable Acres±

  • Improved pasture
  • Attractive home building sites
  • Wooded areas suitable for recreational activities
  • Small pond for livestock water or recreation
  • Other potential pond or lake sites
  • Paved road access on the west side from Knoxville Rd.
  • Approximately 14 miles from the Illinois Quad Cities

METHOD & TERMS


The Johnson farm will be sold on a price per acre basis, based on 61.47 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 Friday, April 28, 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 2023 and all subsequent taxes. Possession will be given at the time of closing. The property sells free and clear of tenancy for 2023 and beyond.

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”.

AERIAL TOUR

PLAT MAP


AERIAL MAP


SUBJECT PHOTOS


Mark Johnson, Seller

Representing Attorney:

Karl Bredberg | Katz Nowinski, P.C.

Po Box 208, 2020 SE 3rd St, Aledo, IL, 61231-0208 | (309) 582-5327

Auction Manager: Dale Jones: (309) 299-6400