Petersburg, IL 62675 - Menard County

LOCATION

Menard County, Illinois

The Minor real estate is located approximately 7 miles south of Petersburg, IL (15 miles northwest of Springfield, IL), in Section 1, T17N-R7W, Rock Creek No. 12 Township, Menard County, IL. From the Junction of Highways 97/125, go east and north on Gudgel Ave 1 miles to the farm.

SELLER

June Simmons, Successor Trustee

MANAGED BY

John Sullivan (309) 221-6700

GENERAL INFORMATION

31.61 taxable acres 1 tract

The farm contains 31.61 taxable acres and is nearly all-tillable, NHEL productive cropland.

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

TRACT INFORMATION

31.61 taxable acres

FSA maps indicate 30.53 NHEL cropland acres

The soil Productivity Index (PI) is 130.5

Soil types include Rozetta, Clarksdale, Sable, Greenbush and Ipava

No mineral rights are being conveyed (contact the Auction Manager for details)

Gudgel Ave borders the property along the north and partially along the east side

METHOD & TERMS

The farm 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 February 19, 2026.

The Seller will provide title insurance in the full amount of the purchase price and pay all the 2025 real estate taxes, due and payable in 2026. Open lease for the 2026 crop year and beyond. Full possession at closing.

Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.

All announcements made on 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:

Matthew J. Cate | Barber, Segatto, Hoffee, Wilke & Cate, LLP

831 E. Monroe St., Springfield, IL 62701 | (217) 544-4868

Auction Manager:

John Sullivan (309) 221-6700