WASHINGTON COUNTY, IL LAND AUCTION - ZINCK

Wednesday, June 26, 2024 - 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


Washington County, Illinois

The Zinck farm real estate contains approximately 420 acres± (subject to survey) to be sold in 4-tracts and is located in Washington County, IL.

Tracts 1 & 2 are located approximately 6.5 miles south of Okawville, IL or 10 miles west of Nashville, IL, and is further described as being located in Sections 15 & 22, T2S-R4W, Plum Hill Township, Washington County, Illinois. Tract 3 is located approximately 1 mile north of Tilden, IL, or 4.5 miles southeast of Marrisa, IL, or 5.5 miles northwest of Coulterville, IL, and is further described as being located in Section 32, T3S-R5W, Lively Grove Township, Washington County, Illinois. Tract 4 is located approximately 4 miles south of Okawville, IL, and is further described as being located in Section 5, T2S-R5W, Plum Hill Township, Washington County, Illinois.

SELLER


Tracts 1-3 - Estate of Charlotte Dona Zinck

Tract 4 - James R. Zinck, Daniel L. Zinck and John F. Zinck

MANAGED BY


Rodney Borrowman (630) 247-0667

John Borrowman (217) 430-0645

Kyle Markway (314) 359-8322

TRACT 2 OPEN HOUSE


Saturday, June 15 • 10:00 AM - 12:00 PM

GENERAL INFORMATION


420 acres± (subject to survey) • 4 tracts

Attention farmers, investors & home buyers, don’t miss this rare opportunity to purchase highly productive Washington County, Illinois farmland. These farms would make excellent additions to any existing operation or an investor’s portfolio.

Farmers and investors, be sure to check out these investment-quality Washington County, IL farms.

TRACT INFORMATION


Tract 1 – 96 acres± (subject to survey)

  • FSA figures should indicate 93.49 HEL cropland acres
  • Productivity Index (PI): 101
  • Soil types include Darmstadt-Coulterville, Blair, and Orion
  • Remainder of acres in water ways
  • Access along the west side from Little Prairie Rd

Tract 2 – 119 acres± (subject to survey)

  • FSA figures should indicate 110.83 NHEL cropland acres
    • Includes .80 CRP acres with an annual payment of $201.00, expires 9/30/2031
    • Includes .90 CRP acres with an annual payment of $140.00, expires 9/30/2025
  • Productivity Index (PI): 106.6
  • Soil types include Marine, Winfield, and Birds
  • 2 story home built in 1975.
    • 3-4 bedrooms
    • 1.5 bath
    • Kitchen
    • Dining room
    • Living room
    • 3 season room
    • Full unfinished basement
    • 2 car attached garage
    • Well water
  • Other improvements include:
    • 75x48 steel structure with concrete floors with a 25x48 insulated shop
    • 66x28 pole shed with a bi-fold door
    • 40x26 pole shed with over head door
    • 25,000-bushel grain storage
  • Access along the east side from Little Prairie Rd. The driveway is a deeded access owned by tract 2.

Tract 3 – 80 acres± (subject to survey)

  • FSA figures should indicate 63.74 HEL cropland acres
  • Productivity Index (PI): 103.9
  • Soil types include Winfield, Hickory, and Wilbur
  • Remaining acres in mature timber
  • Excellent hunting
  • Access along the north from Honeysuckle Rd.

Tract 4 – 125 acres± (subject to survey)

  • FSA figures should indicate 115.50 HEL cropland acres
  • Productivity Index (PI): 103.7
  • Soil types include Winfield, Blair, and Orion
  • Nearly 100% tillable with remaining acres in waterways
  • Access along the west side from Schwering School Rd

METHOD & TERMS


The Zinck farm will be sold on a price per acre basis, based on surveyed acres. Tracts 1 & 2 will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until both tracts have been elected. We will then offer Tract 3 individually, followed by Tract 4 individually. The tracts will NOT be offered in their entirety at the conclusion of the auction.

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 August 8, 2024.

The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes, due and payable in 2024. The seller will pay half of the 2024 real estate taxes via a credit at closing. The buyer will be responsible for half of the 2024 and all subsequent real estate taxes. Possession of the farm ground will be given at closing, subject to the 2024 farm lease, of which the new buyer will receive half of the income for the 2024 crop year (contact the auction manager for details). Possession of the house at closing. Open crop tenancy for 2025 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 TAX INFORMATION (2022)


Tract 1

  • 14-11-15-100-008 - 76.17 Acres - $1,608.04
  • 14-11-15-300-001 - 10.00 Acres - $187.40
  • 14-11-15-300-004 - 10.00 Acres - $215.46

Tract 2

  • 14-11-15-300-002 - .5 Acres - $0.00
  • 14-11-15-300-005 - 70 Acres - $3,129.60
  • 14-11-22-100-003 - 10 Acres - $214.84
  • 14-11-22-100-005 - 16 Acres - $317.90
  • 14-11-22-200-001 - 7 Acres - $153.50
  • 14-11-22-100-009 - 15 Acres - $332.66

Tract 3

  • 09-15-32-300-002 - 40 Acres - $830.42
  • 09-15-32-400-001 - 40 Acres - $1,004.90

Tract 4

  • 14-11-05-300-001 - 40 Acres - $888.20
  • 14-11-05-300-002 - 45.16 Acres - $991.02
  • 14-11-05-400-001 - 40 Acres - $826.98

PLAT MAP


AERIAL MAP


SOIL MAP


Tract 1

Tract 2

Tract 3

Tract 4

TRACT 1 PHOTOS


TRACT 3 PHOTOS


TRACT 4 PHOTOS


Tracts 1-3 - Estate of Charlotte Dona Zinck

Tract 4 - James R. Zinck, Daniel L. Zinck and John F. Zinck

Representing Attorney:

Rebecca K. Wohltman | Mathis, Marifian, & Richter, LTD.

23 Public Square, Suite 300, PO Box 307, Belleville, IL 62220 | (618) 234-9800 x 257

Auction Managers:

Rodney Borrowman (630) 247-0667

John Borrowman (217) 430-0645

Kyle Markway (314) 359-8322