HENDERSON COUNTY, IL LAND AUCTION - CHANDLER

Wednesday, November 22, 2023 - 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


Henderson County, Illinois

From Media, IL go north on County Hwy 2 approximately 1.7 miles to Road 1150N, then east approximately 1.3 miles to Road 2000E, then north ½ mile or approximately 3 miles east of Biggsville, IL on Hwy 34 to Road 2000E, then south approximately 2 ½ miles. The land is further described as being located in the southwest ¼ of Section 36, T10-R4W, Biggsville Township, Henderson County, Illinois.

SELLER


The Chandler Farm

MANAGED BY


Jim Sullivan (217) 440-8172

GENERAL INFORMATION


160 taxable acres± • 1 tract

The real estate contains a total of 160.0 taxable acres, will be sold in 1 tract, and represents highly productive, Class A soils.

SOLD!

TRACT 1 - $13,500.00 PER ACRE

TOTAL - $2,160,000.00

TRACT INFORMATION


  • 160.0 taxable acres
  • FSA records indicate 142.7 cropland acres
  • Productivity Index (PI): 133.2 (on the cropland acres)
  • Soil types include Osco, Muscatune, Greenbush, and Fayette
  • Access along the west by Road 2000E

METHOD & TERMS


The Chandler farm will be sold on a price per acre basis, based on 160 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 Friday, December 22, 2023.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession at closing.

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, LLC pertaining to this property. Real estate is being sold “AS IS”.

AERIAL TOUR


PLAT MAP


AERIAL MAP


SOIL MAP


SUBJECT PHOTOS


AERIAL PHOTOS


The Chandler Farm

Representing Attorney:

Marcum Spears | Spears & Spears

201 W Broadway, Monmouth, IL 61462 | (309) 734-5105

Auction Manager:

Jim Sullivan (217) 440-8172