ADAMS COUNTY, IL LAND AUCTION - TALLCOTT

Tuesday, November 5, 2024 - 1:00 PM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at

LOCATION


Adams County, Illinois

The Tallcott farm is conveniently located along Hwy 96 just north of the Hwy 24 intersection north of Quincy, IL and is further described as being located in Sections 5 & 6, T1S - R8W, Ellington Township, Adams County, Illinois. The farm is located approximately 4 miles north of Quincy, Illinois and approximately 4 miles south of Ursa, Illinois via Hwy 96.

SELLER


James R. & Stacy L. Tallcott

MANAGED BY


Louie Zinn (319) 795-2314

Michael Sullivan (309) 333-0916

GENERAL INFORMATION


76.65 surveyed acres • 1 tract

The farm represents productive tillable farmland, building sites & timber/draws for recreation & hunting. The tract will sell free and clear for the 2025 crop year.

TRACT INFORMATION


  • FSA figures should indicate approximately 56 acres of cropland.
  • The balance of the farm represents timber & draws which offer hunting/recreational opportunities
  • Productivity Index (PI): 131.3 - on the cropland acres
  • Soil types include Downsouth, Edwardsville, and Winfield
  • Excellent location a short distance north of Hwy 24 & Quincy, IL
  • Access is along the west by Highway 96 - via an ingress/egress easement through the existing driveway

METHOD & TERMS


The Tallcott farm will be sold on a price per acre basis, based on a survey that is currently underway.

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. Seller reserves the right, pursuant to the contract terms, to have the balance due paid part in 2024 with the remainder paid at closing on or before January 9, 2025.

The seller will provide title insurance in the full amount of the purchase price and pay all the 2024 real estate taxes, due and payable in 2025. Buyer will receive possession of the farm at closing subject to tenant’s rights for the 2024 crop year. The farm sells free and clear for the 2025 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, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.

AERIAL TOUR


PLAT MAP


AERIAL MAP


SOIL MAP


James R. & Stacy L. Tallcott

Representing Attorney:

William L. Siebers | Siebers Law, LLC

625 Vermont Street, Quincy, IL | (217) 214-1000

Closing & Title Work:

Adams County Abstract & Title Co.

231 N 6th St, Quincy, IL 62301 | (217) 222-2090

Auction Managers:

Louie Zinn (319) 795-2314

Michael Sullivan (309) 333-0916