McDonough County, Illinois Land Auction

Thursday, October 14, 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

Location

McDonough County, Illinois

Land is located approximately 12 miles north of Macomb IL in Section 9 of Sciota Township (approximately 3 miles north of Sciota, IL).

Seller

Gaillard Knappenberger Estate

Managed By

Jim Sullivan

(217) 440-8172

REPRESENTING ATTORNEY

John McMillan

McMillan, Hennenfent, DeJoode & Humbert, PC

402 E. Jackson St., PO Box 443

Macomb, IL 61455

(309) 837-2904

LOCATION & GENERAL INFORMATION

167.68 Surveyed Acres • 2 Tracts

100% Tillable Class A Farmland!

Land is located approximately 12 miles north of Macomb IL (approximately 3 miles north of Sciota, IL) in Section 9, T7N•R3W, Sciota Township, McDonough County, IL.

TRACT INFORMATION

Tract 1 – 83.84 Surveyed Acres

  • All tillable NHEL cropland
  • Highly productive Class A Sable soils (143 PI)
  • Access on the south by RD 2200N

 

Tract 2 – 83.84 Surveyed Acres

  • Nearly all tillable NHEL cropland
  • Highly productive Class A Sable soils (143 PI)
  • Access on the south by RD 2200N and on the east by RD 900E
  • Improvements include a 2-story farm house, a small grain bin and outbuildings

METHOD & TERMS

Both tracts will be sold on a price per acre basis, based on the above described acres and offered through the marketing method of “Buyers Choice,” whereas the high bidder can elect Tract 1 or Tract 2 (in any order) or both tracts Tract 1 & 2 for their high bid.  If the high bidder elects only one of the tracts, the remaining tract will then be sold. The tracts will NOT be offered together 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 as a non refundable down payment. The balance of the bid price will be due at closing, on or before Monday, November 15, 2021. Bidding is NOT subject to the following contingencies, including but not limited to: financing, appraisal, or inspection. The seller will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. Possession of the farmland will be given at the time of closing, subject to a farm tenancy lease for the 2021 crop year - full possession upon the removal of the 2021 growing crop. Possession of the home on Tract 2 is subject to a month to month lease with the current home tenant.

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, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. The real estate is being sold “As Is”.

PLAT MAP

aerial map

soil map - tract 1

soil map - tract 2

SURVEY PLAT

FSA INFORMATION

PHOTOS - tract 1

PHOTOS - tract 2