Pawnee, IL 62558 - Sangamon County

SANGAMON COUNTY, IL LAND AUCTION - BIG BEE ENERGY, LLC

Wednesday, October 30, 2024 - 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

Sangamon County, Illinois

The Big Bee Energy, LLC real estate is located approximately 2 miles south of Pawnee, IL or 4 miles east of Divernon, IL or 13 miles southeast of Springfield, IL, city limits. The land is further described as being located in Section 19, T13N-R4W, Pawnee Township, Sangamon County, Illinois.

SELLER

Big Bee Energy, LLC

MANAGED BY

Rodney Borrowman (630) 247-0667

John Borrowman (217) 430-0645

GENERAL INFORMATION

149.50 taxable acres 1 tract

Farmers and investors, be sure to check out this investment-quality farm.

TRACT INFORMATION

FSA figures indicate 128.57 cropland acres

118.57 NHEL acres in tillable row crop production

5.4 CRP acres with an annual payment of $1,615.00, expires 9/30/2029

4.6 CRP acres with an annual payment of $1,878.00, expires 9/30/2030

Productivity Index (PI): 128.5

Soil types include Herrick, Harrison, and Radford

The balance of the farm represents timber and West Branch Horse Creek running through the south edge of the farm providing excellent potential for hunting and other recreational opportunities.

Access along the west side from South Pawnee Road

REAL ESTATE TAX INFORMATION

Parcel #: 36-19.0-300-001 149.50 A $4,571.74

METHOD & TERMS

The Big Bee Energy, LLC real estate will be sold on a price per acre basis, based on 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 Wednesday, December 4, 2024.

The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2024 crop income and will pay all the 2024 real estate taxes, due and payable in 2025, through a credit at closing. Possession at closing subject to an existing lease for the 2024 crop year only. Open lease for 2025 crop year and beyond.

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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.

Big Bee Energy, LLC

Closing & Title Work:

Prairie Land Title

3301 Constitution Dr # A, Springfield, IL 62711 | (217) 726-0617

Auction Managers:

Rodney Borrowman (630) 247-0667

John Borrowman (217) 430-0645