Hancock County, IL Land Auction - Newton

Location & General Information

505.74 Acres± • 5 Tracts

This auction will offer some of the most highly productive, pattern tiled land in the state!

Farmers and investors, be sure to check out these Hancock County, Illinois farms!

Tract Information

Tract 1 - 85 Taxable Acres

FSA Maps indicate 83.19 cropland acres
Productivity Index (PI): 144.6
The farm has field tile
Access on the west by N. County Rd. 1400

Tract 2 - 57 Taxable Acres

FSA Maps indicate 58.67 cropland acres
Productivity Index (PI): 143.8
The farm has field tile
Access on the east by N. County Rd. 1500

Tract 3 - 163.74 Surveyed Acres

FSA Maps indicate 162 cropland acres
Productivity Index (PI): 143.4
The farm has field tile
Access on the west by N. County Rd. 1500 and on the south by E. County Rd. 2600

Tract 4 - 80 Taxable Acres

FSA Maps indicate 80.97 cropland acres
Productivity Index (PI): 133.2
The farm has field tile
Access on the west by N. County Rd. 1500 and on the north by E. County Rd. 2600

Tract 5 - 120 Taxable Acres

FSA Maps indicate 102.02 cropland acres
Productivity Index (PI): 128.2 (on the cropland acres)
The farm has field tile
Access on the east by N. County Rd. 1600 and on the south by E. County Rd. 2500 (Colusa Blacktop)

Frank was a firm believer in field tile early on, every farm the Newton’s purchased, the first thing they did was tile the entire farm. Unprecedented opportunity to acquire some of the best farm land in the entire corn belt.

Method & Terms

All 5 tracts will be sold on a price per acre basis. The tracts will be offered through the method of “Buyers Choice” whereas the high bidder can elect, in any order, any or all tracts for the high bid. Buyers Choice of auctioning will continue until all 5 tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.

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 December 30, 2022. 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. Possession will be given at the time of closing subject to a farm lease for the 2022 crop year. All tracts sell free and clear for the 2023 crop year.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection. The farm sells subject to the approval by the administrator.

All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, on our website or in our advertisements is believed to be accurate, however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video footage, etc. are approximate. Buyers should verify all 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”.