Wednesday, March 13, 2019 at 2:00 P.M.
Sale to be held at the Stoney Creek Inn, Quincy, IL
Location & General Information
Prime 21.955± acres (taxable acres) of Quincy, IL development property selling in 1 individual tract. The property is ideally located near the north edge of Quincy, IL and just east of North 12th Street. The property is accessed by Briar Rose Lane and North 15th Street. The property is further described as being located in the Northeast Quarter of the Northwest Quarter of Section 24 of Riverside (Northwest Part) Township in Adams County, Illinois. From North 12th Street, just south of Hwy. 24, turn east on Briar Rose Ln and go approximately 2 blocks to the Graham property.
Make plans to check out this property that is currently in row crop ag production. This “farm” has productive soils which include Biggsville, Stookey & Mannon. The Corn Productivity Index (PI) is 126.5 on the entire property. The farm sells free & clear for the upcoming 2019 crop year. This property has unlimited possibilities, including a prime location for a new home site, multi-unit residential development property or to remain as ag land. As stated above, this property will sell in 1 individual tract, thus giving the new owner the confidence of being able to develop the property as they should wish to.
Method & Terms
This property will sell on a price per acre basis, based on the Adams County, Illinois taxable acres of 21.955± acres (taxable acres). Standard terms to include, 10% (ten percent) of the final bid price due on sale day with the balance being due at closing in approximately 30 days, on or before Monday, April 15, 2019. Title insurance in the full amount of the purchase price will be provided by the seller. The 2018 real estate taxes, due and payable in 2019, will be paid by the seller, without proration. The 2019 real estate taxes will be paid by the new buyer in full, as the new buyer will receive the 2019 crop income. The property does sell free & clear for the upcoming ‘19 crop year. Full possession will be given at the time of closing. The property has currently been in row crop ag production.
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”.
The Constance J Graham Trust – Seller
C/O – First Bankers Trust Services, Inc., Quincy, IL
Michael A. Bickhaus
Jeffrey L. Terry
Schmiedeskamp, Robertson, Neu & Mitchell LLP
525 Jersey Street
Quincy, IL 62301
QUINCY, IL AERIAL