McDonough County, IL Land Auction – McKee

Tuesday, February 01, 2022 - 1:00 pm 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

The McKee properties are located near Macomb, IL. Tract 1 is approximately 7 miles northwest of Macomb (just west of Spring Lake) and is further described as being in the Northeast Quarter of Section 17, T6N-R3W, Emmet Township; and Tract 2 is approximately 6 miles southwest of Macomb in the Southwest Quarter of Section 22, T5N-R3W, Chalmers Township, all in McDonough County, IL.

Seller

Eric & Kimberly McKee

Managed By

John Sullivan (309) 221-6700

General Information

82.99 Taxable Acres • Selling in 2 Tracts

Tract 1 contains 38 taxable acres and is mostly level to gently rolling farmland improved with a nice pond and offers several nice home building sites.

Tract 2 contains 44.99 taxable acres and is a combination of productive, tillable cropland with some woods which offers outdoor recreational opportunities.

tract information

Tract 1 - 38 Taxable Acres

  • FSA maps should indicate 31.20 cropland acres
  • Productivity Index (PI): 106.8 (tillable acres)
  • Soil types include Elco, Keomah and Rozetta
  • Balance of the non-tillable acres is grass and wooded waterways and a nice pond
  • This property offers productive farmland as well as several nice home building sites with a secluded setting
  • County Road N1600th borders along the north side

Tract 2 - 44.99 Taxable Acres

  • FSA maps should indicate 30.6 cropland acres
  • Productivity Index (PI): 114.1 (tillable acres)
  • Soil types include Keomah, Fishhook and Birds
  • Balance of the non-tillable acres is wooded which offers outdoors recreational opportunities
  • This parcel has a communications tower on it - the tower, guy wires and the land they sit on are not being conveyed
  • Road E900th Street borders along the west side

Real Estate Tax Information

Tract 1

  • PIN 07-000-161-15 - 38.02 acres - $566.00

Tract 2

  • PIN 04-000-235-06 - 43.99 acres - $740.74
  • PIN 04-000-235-10 - 1 acre - $260.72

Method & Terms

Each tract will be sold individually on a price per acre basis, based on the taxable acres.

Immediately following the auction, the successful buyer(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 Monday, March 1, 2022. 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 will be given at the time of closing and the land sells free and clear of tenancy for the 2022 crop year.

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 Maps

Aerial Maps

SOIL MAPs - tillable areas

Subject Photos - Tract 1

Subject Photos - Tract 2

Eric & Kimberly McKee

 

Representing Attorney:

John McMillan
McMillan, Hennenfent & DeJoode PC
402 E. Jackson St., PO Box 443
Macomb, IL 61455
(309) 837-2904

 

Auction Manager:

John Sullivan (309) 221-6700