McDonough County, IL Land Auction

McDonough County, IL Land Auction

VIRTUAL ONLINE

McDonough County, Illinois

57.56 TAXABLE ACRES SELLING IN 2 TRACTS WEDNESDAY, MARCH 2, 2022 AT 1:00 PM CT

Both tracts represent Class A tillable farmland and are ideally located on hard surface roads which offer potential building sites!

GAYLORD HOKE REVOCABLE TRUST MARIANNE HOKE – TRUSTEE REPRESENTING ATTORNEY: JOHN MCMILLAN | MCMILLAN, HENNENFENT & DEJOODE, PC 402 E. JACKSON ST., PO BOX 443 | MACOMB, IL 61455 | (309) 837-2904

AUCTION MANAGER: MICHAEL SULLIVAN (309) 333-0916 DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107

AUCTIONEERS, LLC

CLASS A TILLABLE FARMLAND!

The Hoke land is located northwest of Macomb, IL, a short distance west of Spring Lake. The farm is further described as being located in Sections 17 & 18, T6N - R3W, Emmet Township, McDonough County, IL

TRACT 1 - 40.01 TAXABLE ACRES • FSA fi gures indicate 36.29 acres of cropland currently in row crop production • Crop Productivity Index (PI) Rating: 139 (Class A) • Productive soil types include Ipava & Osco • Potential building sites • Sells with a cash rent agreement for the 2022 crop year • Access is along the south side by County Road 1500N (hard surface) TRACT 2 - 17.55 TAXABLE ACRES • FSA fi gures indicate 15.29 acres of cropland currently in row crop production • Crop Productivity Index (PI) Rating: 134.6 (Class A) • Productive soil types include Ipava, Sable, Greenbush, Elco & Clarksdale • Potential building sites • Sells with a cash rent agreement for the 2022 crop year • Access is along the south side by County Road 1500N & along the east side by E 725th St. (both hard surface roads)

Auction to be conducted as a virtual, online auction. No internet buyer fees! If you need assistance with internet bidding, please contact the auction company. Thank you.

SOILS - TRACT 1

ONLINE BIDDING POWERED BY:

METHOD & TERMS Both tracts will be sold on a price per acre basis, basedon the taxable acres, andoffered through the marketingmethod of “Buyers Choice,”whereas the high bidder can elect either or both tracts (in any order) for their high bid. If the high bidder elects only one of the tracts, then the remaining tract will 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 awritten pur- chase agreement with the seller and pay ten per- cent (10%) of the bid price as a non-refundable down payment. The balance of the bid pricewill be due at closing, on or beforeMonday, April 4, 2022. Bidding is NOT subject to the following contin- gencies, including but not limited to fi nancing, ap- praisal, 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 pay- able in 2022. Possession will be given at the time of closing, subject to a cash rent lease for the 2022 crop year only - the newbuyer will receive 100%of the cash rent income - contact the auction company for details. All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accu- rate; 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 satis- faction. There are no expressed or implied war- ranties pertaining to the property. The real estate is being sold “As Is”.

SOILS - TRACT 2

AUCTIONEERS, LLC

(844) 847-2161 www.SullivanAuctioneers.com IL License #444000107

Sullivan Auctioneers, LLC PO Box 111 Hamilton, IL 62341-0111 www.SullivanAuctioneers.com

FIRST CLASS U.S.PO STAG E PAID

Q UINCY,IL PERM IT 23 62301

VIRTUAL ONLINE

57.56 TAXABLE ACRES SELLING IN 2 TRACTS

McDonough County, Illinois

WEDNESDAY, MARCH 2, 2022 AT 1:00 PM CT

GAYLORD HOKE REVOCABLE TRUST MARIANNE HOKE – TRUSTEE

ATTORNEYS: JOHN MCMILLAN | MCMILLAN, HENNENFENT, DEJOODE & HUMBERT, PC 402 E. JACKSON ST., PO BOX 443 | MACOMB, IL 61455 | (309) 837-2904