HANCOCK COUNTY, IL LAND AUCTION - SIDES

• 82.32 taxable acres
• FSA figures indicate 30.13 acres of cropland currently in row crop production
• An additional 30.53 acres of cropland are enrolled in a CP1 CRP contract. This contract pays $173.73 per acre for an annual payment of $5,304. The contract runs through 9-30-2027.
• Productivity Index (PI): 111.7 (Tillable Acres Only)
• The remaining non cropland acres represent timber & draws which make this tract a great hunting/recreational piece.
• This tract is improved with a pole building which is partially insulated & has a wood burning stove.
• Access is along the south side by E County Road 1200

The Sides 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, September 18, 2023.

The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2023 cash rent/CRP income and will pay all of 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 an existing cash rent lease for the 2023 crop year. 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”.