110 Acres ± • 3 Tracts
Friday, November 10, 2017 at 11:30 A.M.
AUCTION VENUE: The Macomb, Illinois VFW, 1200 E. Jefferson St., Macomb, Illinois
LOCATION & GENERAL INFORMATION
Land is located in Section 4 of T5N•R3W, Chalmers Township and Section 33 of T6N•R3W, Emmet Township, McDonough County, IL, just west of Macomb, IL.
Tracts offer exceptional development potential, along with home building sites, farmland and recreational acreage.
Tract 1 – 45 Acres± (Subject to Survey)
- What an opportunity to purchase a combination tract ideally located a short distance west of Macomb, IL along a hard surface road
- This piece offers recreational acreage, hay/pasture ground & potential building sites!
- Access is along the east side by E 900th St.
Tract 2 – 34 Acres± (Subject to Survey)
- FSA figures should indicate 31.28 acres of cropland currently in row crop production
- PI Rating: 119.2
- Productive soils include Rozetta & Keomah
- Access is along the north side by N 1250th Rd.
Tract 3 – 31 Acres± (Subject to Survey)
- This tract offers outstanding whitetail deer & other wildlife habitat located in the LaMoine river bottom
- Several areas for food plots
- PI Rating: 123.2
- Access is by way of a 30′ ingress/egress easement along the west side of Tract 2
METHOD & TERMS
All 3 tracts are currently being surveyed, with the surveyed acres being used to constitute the final settlement price. Tracts 1-3 will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can elect (in any order) any or all tracts for their high bid. “Buyer’s Choice” of auctioning will continue until all tracts have been sold. The farm will NOT be offered in its entirety at the conclusion of the auction.
Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before Monday, December 11, 2017. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2017 real estate taxes, due and payable in 2018, will be paid by the seller. The 2018 real estate taxes & subsequent years will be paid by the buyer. Full possession will be given at the time of closing, subject only to the current tenant for ’17. The farm sells free & clear for the 2018 crop year. There are no hunting leases associated with the property.
All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.
Known as the Beryl Schisler Farm
Jerry Schisler, Barbara Markley, James & Bonnie Schisler & Sharon Schisler
Jim Lucie of Lucie, Scalf, Sutton & Bougher
315 E. Jackson
Macomb, IL 61455-0790
Phone: (309) 833-1702
Farm Management: C/O Jerry Cramer • Trust Dept. • Citizens Bank • 127 S. Side Square • Macomb, IL • (309) 255-1495
Auction Manager: Michael Sullivan (309) 333-0916