Cochran land book

Cochran land book

VIRTUAL ONLINE

MENARD COUNTY, ILLINOIS LAND AUCTION FRIDAY, JUNE 24, 2022 AT 1:00 P.M. 197.07 TAXABLE ACRES± • SELLING AS 1 TRACT FARMERS AND INVESTORS BE SURE TO CHECK OUT THIS INVESTMENT QUALITY CENTRAL ILLINOIS CLASS A FARM.

DANIEL AND KALLIE EDGE ANDREW AND ABIGAIL COCHRAN Closing Agent: Menard County Abstract 210 E Douglas St., Petersburg, IL 62675 | (217) 632-2351

Auction Managers: Rodney Borrowman (630) 247-0667 & John Borrowman (217) 430-0645 DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107

LOCATION & GENERAL INFORMATION

The real estate is located approximately 1 mile south of Petersburg, IL, along the east side of Hwy 97/123 (20 miles northwest of Spring- field, IL). The property is further described as being located in Section 24, T18N-R7W, Pe- tersburg Township, Menard County, IL. FARMERS AND INVESTORS BE SURE TO CHECK OUT THIS “INVESTMENT QUALITY” CENTRAL ILLINOIS CLASS A FARM. TRACT INFORMATION • 197.07 Taxable Acres± • FSA maps indicate 169.9 cropland acres • Productivity Index (PI): 139.8 (tillable acres) • Soil types include Littleton, Worthen and Tice • Balance of the farm is waterways and woods which offers outdoor recreation and hunting opportunities • State Highway 97/123 borders this tract along the west side and the Sangamon River runs along the east side • The IL Midland RR runs through the farm

www.SullivanAuctioneers.com

METHOD & TERMS The real estate will be sold on a price per acre basis, based on the 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 July 26, 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. The 2022 real estate taxes will be prorated to the day of closing. The farm sells subject to a one-year cash rent crop tenancy and the 2022 cash rent income will be prorated to the day of closing (contact auction manager for details). Possession will be given at the time of closing subject to the current 2022 farm lease. 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”.

FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301

PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com

197.07 TAXABLE ACRES SELLING IN 1 TRACT

VIRTUAL ONLINE | MENARD COUNTY, IL LAND AUCTION FRIDAY, JUNE 24, 2022 AT 1:00 P.M.

DANIEL AND KALLIE EDGE ANDREW AND ABIGAIL COCHRAN DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107