SANGAMON COUNTY, IL LAND AUCTION - BAILEY

Sangamon County, Illinois

The Bailey Farm real estate is located ½ mile northwest of Salisbury, IL or 7 miles east of Pleasant Plains, IL, or 9 miles south of Petersburg, or 9 miles west of Springfield, IL. The farm is further described as being located in Section 30, T17N-R6W, Gardner Township, Sangamon County, Illinois.

77.29 taxable acres± • 1 tract

The Bailey Farm represents productive tillable farmland improved with an older 2 story farm house in Sangamon County, IL.

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• FSA figures should indicate 72.56 cropland acres
• Productivity Index (PI): 124.5
• Soil types include Rozetta, Ipava, and Osco
• Improved with a 2 story farm house and garage
• Remaining acres in timber and waterways
• Excellent building site potential
• County water along Salisbury Blacktop
• Access from HWY 97 and Salisbury Blacktop

The Bailey Farm will be sold on a price per acre basis, based on taxable acres.

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 November 24, 2026. The seller will provide title insurance in the full amount of the purchase price. The amount owed by Buyer at closing shall be adjusted to reflect a credit for the 2026 real estate taxes payable in 2027. (Credit to be based on best available information.) As a result of receiving this credit against the purchase price, Buyer shall pay the 2026 taxes when they become due and payable in 2027 in whatever amount the actual taxes are without further adjustment. The Buyer shall pay all taxes assessed thereafter. Possession of the house and garage, subject to a current lease agreement. (Contact auction manager for details) Possession of the farm ground at closing subject to a crop tenancy for the 2026 crop year. Open crop tenancy for 2027.

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”.

05-30.0-400-004 - 77.29 Acres - $4,901.26