Petersburg, IL 62675 - Menard County

LOCATION

Menard County, Illinois

The Stewart farm real estate is located approximately 5 miles south of Petersburg, IL or 15 miles northwest of Springfield, IL. From Petersburg, take Highway 97 south to the 97/123 junction, then east and north 1 mile on Farmers Point Road to Gudgel Road, then east a short distance to the farm. The property is further described as being located in part of Section 4, T17N-R7W, Rock Creek No 2 Township, Menard County, Illinois.

SELLER

Stewart Family

MANAGED BY

John Sullivan (309) 221-6700

GENERAL INFORMATION

32.82 taxable acres 1 tract

Farmers and investors, be sure to check out this all-tillable, Class A farm.

TRACT INFORMATION

32.82 taxable acres

FSA map should indicate approximately 33.07 NHEL cropland acres

Productivity Index 136.9 (Class A)

Soil types include Sable, Greenbush and Ipava

Gudgel Road borders the farm on the north side

METHOD & TERMS

The Stewart farm will be sold on a price per acre basis, based on 32.82 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 October 1, 2025.

The Seller will provide title insurance in the full amount of the purchase price and pay all the 2025 taxes due in 2026. Possession at closing subject to the removal of the 2025 growing crop. Open lease for the 2026 and future crop years.

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, whether 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:

Andrew G. White | Bellatti, Barton, Cochran & White, LLC

944 Clock Tower Drive, Suite A, Springfield, IL 62704 | (217) 793-9300

Auction Manager:

John Sullivan (309) 221-6700