HANCOCK COUNTY, IL LAND AUCTION - SULLIVAN

Hancock County, Illinois

Tract 1 - 27.69 acres. The farm is located in the Northwest Quarter of Section 14 of Montebello, Township. From Hwy 136 approximately west of Elvaston, Illinois, take County Blacktop N1200 North approximately 2 miles. Then go west approximately ½ mile on E Co. Rd. 1515 to the farm, which lays on the north side of the road.

Tract 2 - 202 North Scofield Street, Carthage, IL Commercial Real Estate. This property is located along Hwy. 136 with access on both Hwy. 136 and Scofield Street.

27.69 taxable acres± and commercial lot • 2 tracts

The farm represents productive tillable farmland, timber and creek. The commercial lot has a newly renovated 1 ½ story building that could be used for office space/rental including garage, newly paved parking and is conveniently located on HWY136/Buchanan Street. Possibilities are endless with both of these properties. Make sure to take a look!

Seller's note: Having recently purchased a larger Hancock County, IL farm, Joe and Dawn Sullivan have decided to sell these Hancock County, IL properties. Both properties will be sold at NO-RESERVE.

Tract 1 - 27.69 taxable acres

• FSA figures indicate 15.59 acres cropland
• 10.29 acres currently in row crop production
• 5.3 acres in CRP (CP21) paying $1,317.00 annually thru 9-30-2028
• Productivity Index (PI): 124.2 on the row crop acres
• Soil types include Assumption, Ipava & Clarksdale
• The balance of this farm consists of timber and creek area
• Hunting and recreational opportunities
• Several beautiful possible new home sites with natural gas, public water and electric service all available
• The farm sells free and clear of any hunting leases, and the tillable acres sell free and clear for the upcoming 2027 crop year.
• SELLS NO RESERVE!!
• Access is along the south side along East County Rd. 1550

Tract 2 - Commercial Real Estate in Carthage, IL

• 1 ½ story building built in 1998
• Main Level includes 3 offices, ½ bath and 2 car garage
• Upper Level is an attractive small apartment with 3/4 bath and 1 bedroom
• All furniture including desks, tables and chairs will convey with the property.
• Ample space for parking on newly paved surface
• Upgrades in 2025 and 2026 include new roof, soffit, fascia, gutters, siding, windows and doors, exterior lighting, asphalt resurfacing and sealing, interior paint, hot water heater, ceiling lights, wall outlets and switches.
• Utilities include Nicor gas, Ameren electric, city water and sewer, MTC high speed internet
• SELLS NO RESERVE!!
• Physical address is 202 North Scofield Street, Carthage, IL

As stated above, both properties will be sold individually and both properties will see no-reserve at auction regardless of price.

Tract 1 will sell on a price per acre basis, based on taxable acres. Tract 2 will sell for the lump sum total dollar amount. Both tracts sell WITHOUT RESERVE.

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 paid at closing which shall take place on or before Friday, December 4, 2026. The seller will provide title insurance in the full amount of the purchase price and will pay the 2026 real estate taxes, due and payable in 2027. Seller will retain the 2026 CRP payment. All future CRP payments will go to the new buyer.

Possession for Tract 1 will be given at closing subject to an existing farm lease for the 2026 crop year only. Open farm tenancy for 2027 crop year. There are no hunting leases. Full possession for tract 2 will be given at closing.

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