Coatsburg, IL 62325 - Adams County

LOCATION

Adams County, Illinois

The Brinkman farm is located approximately 2.5 miles north of Coatsburg, IL or approx. 5 miles northwest of Camp Point, IL or approx. 13 miles northeast of Quincy, IL. The farm is further described as being located in Section 13, T1N-R7W, Honey Creek Township, Adams County, Illinois.

SELLER

James L. Brinkman Estate

MANAGED BY

Louie Zinn (319) 795-2314

Michael Sullivan (309) 333-0916

Dan Sullivan (319) 795-1833

GENERAL INFORMATION

116 acres (subject to survey) 2 tracts

Tract 1 represents productive tillable farmland. Tract 2 is a combination farm which offers CRP acres in addition to recreational/hunting land with timber & draws.

TRACT INFORMATION

Tract 1 - 38 acres (subject to survey)

FSA figures indicate 36.38 acres of NHEL cropland currently in row crop production

Productivity Index (PI): 110.1

Soil types include Keomah, Fishhook, Clarksdale & Ursa

Access is along the south side by N 2150th PL

Tract 2 - 78 acres (subject to survey)

FSA figures indicate 46.1 acres of cropland are currently enrolled in a two separate CRP contracts.

32.8 acres are enrolled in a CP1 program at a payment rate of $120.94 per acre for an annual payment of $3,967.00. This contract expires 9/30/2030.

13.3 acres are enrolled in a CP1 program at a payment rate of $141.13 per acre for an annual payment of $1,877.00. This contract expires 9/30/2031.

The remaining acres represent blocks of timber & draws which offer excellent whitetail deer & other wildlife habitat.

Several hidden spots for wildlife food plots

Access is along the south side by N 2150th PL

METHOD & TERMS

The Brinkman farm will be sold on a price per acre basis, based on surveyed acres. Both tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect either tract for their high bid. If the high bidder does not elect both tracts, then the remaining tract will continue to be offered Buyers Choice until both tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.

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 Friday, October 17, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 taxes, due and payable in 2025 before closing. Seller will pay all the 2025 real estate taxes due in 2026 through a credit at closing based on the best available information. Seller is retaining all 2025 crop income and upcoming CRP payment for the period ending 9/30/25. Open lease for 2026 crop year. No hunting leases. Possession at closing subject to an existing lease for the 2025 crop year only.

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 pertaining to this property. Real estate is being sold AS IS.

Representing Attorney:

William L. Siebers | Siebers Law, LLC

625 Vermont, Quincy, IL 62301 | (217) 214-1909

Auction Managers:

Louie Zinn (319) 795-2314

Michael Sullivan (309) 333-0916

Dan Sullivan (319) 795-1833