Auction Location: 511 Lakeside Ave, Coulterville, IL 62237 - Perry County

Property Location: 180+\- acres in Perry County, IL - S12/T4S/R4W

Auction Location: Coulterville VFW, 511 Lakeside Ave., Coulterville, IL

Auction Date & Time: June 5, 2021 11:30 AM CST

Coming to auction on June 5th, 2021 is Bergkoetter Farm offering 180 +/- acres with 130.5 +/- tillable acres in two tracts. This is a rare opportunity to purchase an income-producing farm that has been in the family for over 60 years. Located at the end of Strawflower Road just a few minutes East of Coulterville this land represents productive tillable cropland with the balance in hardwood timber and creek frontage on both tracts. The tillable ground is cash rented for 2021 and the new owners will receive half of the annual payment this year.

Tract 1

This 60 +/- tract lays on the West side of Strawflower Road with an FSA reported 48.63 tillable acres. The balance consists of 11.47 +/- acres of hardwood timber with Moores Creek Brach running through the SE corner of the property. Tract 1 has $7780 of 2021 income to split with the new owner and annual taxes estimated are $482. Soils are primarily Stoy, Belknap, Blair, and Homen.

Tract 2

This 120 +/- tract lays on the East side of Strawflower Road with an FSA reported 81.87 +/- tillable acres. The balance consists of 38.13 +/- acres of hardwood timber with Moores Creek Branch winding through the West side of the property.  Tract 2 has $12,960 of 2021 income to be split with the new owner and annual estimated taxes are $962. Soils are primarily Hoyleton, Blair, Homen, and Stoy.

Property Features:

- Tract 1 - 60 +/- acres

- FSA reported 48.63 +/- tillable acres

- Approx. $7,780.00 of income for 2021 to be split with the new owner

- 11.37 +/- acres of hardwood timber

- Tract 2 - 120 +/- acres

- FSA reported 81.87 +/- tillable acres

- $12,960.00 of income for 2021 to be split with the new owner

- 38.13 +/- acres of hardwood timber

- Bidders may participate in the auction on site or online at Proxibid.com

- On site bidders should bring a government issued ID

- 10% down payment immediately after auction - cash, personal or business checks accepted

- If winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

- High bidder has 30 days to close unless otherwise noted

- Announcements on the day of the sale shall take precedence over any prior announcements

- This is a no contingency sale and is not subject to financing or additional inspections

- Possession at closing, subject to tenant’s rights, if any

- If a survey is needed it will be done following the auction and total purchase price will be adjusted to the surveyed acres

- All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgment

- Tract 1 - 60 +/- acres

- FSA reported 48.63 +/- tillable acres

- Approx. $7,780.00 of income for 2021 to be split with the new owner

- 11.37 +/- acres of hardwood timber

- Tract 2 - 120 +/- acres

- FSA reported 81.87 +/- tillable acres

- $12,960.00 of income for 2021 to be split with the new owner

- 38.13 +/- acres of hardwood timber

- Announcements on the day of the sale shall take precedence over any prior announcements