Adams County, Illinois Land Auction

Tuesday, September 07, 2021 - 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 (844) 847-2161

SOLD!

TRACT 1 – $9,550 PER ACRE

TRACT 2 – $9,000 PER ACRE

TRACT 3 – 5,950 PER ACRE

TOTAL – $493,200.00

Location

Adams County, Illinois

The Albert C. Henry, Jr property contains 71.6 Surveyed Acres and is located 2 miles east of the Quincy Regional Airport, or 4 miles northwest of Liberty or 10 miles east of Quincy, IL, along Highway 104 (adjacent to 5 Points) and will be sold in 3-tracts. The property is further described as being located in the Northwest Quarter of Section 6, T2S-R6W, Liberty Township, Adams County, IL.

Seller

Albert C. Henry, Jr. Family Farm

Managed By

John Borrowman (217) 430-0645

John Sullivan (309) 221-6700

General Information

71.6 Surveyed Acres • 3 Tracts

The Henry property offers outstanding development, recreational and hunting opportunities with its ideal location, mature timber land and open areas for home building sites.

Aerial Tour

tract information

Tract 1 - 6.8 Surveyed Acres

  • Level to rolling open pasture land with patches of wooded areas
  • FSA map indicates 4.80 acres currently enrolled in CRP at $135/acre, which expires September 30, 2021.
  • Road access on the north side off County Road 1200N (Quincy to Kellerville Road)
  • ABS public water available
  • Excellent home building sites and recreational land

Tract 2 - 14 Surveyed Acres

  • Level to rolling open pasture land with patches of wooded areas
  • FSA map indicates 11.50 acres currently enrolled in CRP at $135/acre, which expires September 30, 2021.
  • Road access on the west side off Highway 104
  • ABS public water available
  • Excellent home building sites and recreational land
  • A small, older family cemetery is located on this tract

Tract 3 - 50.8 Surveyed Acres

  • Level to rolling mature timber land with areas of open pasture land
  • FSA map indicates 4.80 acres currently enrolled in CRP at $135/acre, which expires September 30, 2021.
  • Road access on the west side by Highway 104
  • ABS public water available
  • Outstanding outdoor recreational and hunting land with a meandering creek
  • Excellent home building sites

Method & Terms

All 3 tracts will sell by the acre based on the soon to be completed surveyed acres. The tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect (in any order) any or all 3 tracts for their high bid. Buyer’s Choice auctioning will continue until all 3 tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the winning bidder(s) 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 October 7, 2021. The 2021 real estate taxes will be prorated to the closing date. The seller will provide title insurance in the full amount of the purchase price. Possession will be given at the time of closing.

Bidding is NOT subject to the following 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 this brochure 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”.

Revised Survey Information

Plat Map

Aerial Map

FSA Information

Subject Photos

Albert C. Henry, Jr. Family Farm

 

Representing Attorney:

William L. Siebers

Law Offices of Scholz, Loos, Palmer, Siebers and Duesterhaus LLP

625 Vermont Street

Quincy, IL 62301

(217) 214-1909

 

Farm Manager:

Rick Edwards AFM

Auction Managers: John Borrowman (217) 430-0645 & John Sullivan (309) 221-6700