Mark, IL 61340 - Putnam County

LOCATION

Putnam County, Illinois

Land is located on the north edge of Mark, IL or 7 miles southwest of Peru, IL and is further described as being located in Section 5, T32N-R1W, Granville Township, Putnam County, Illinois.

SELLER

BGS Investments LLC

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

33.075 surveyed acres 1 tract

Currently planted to alfalfa but ready for residential or commercial development. Suitable for row crops or transition to organic production.

TRACT INFORMATION

33.075 surveyed acres

FSA records should indicate approximately 30 cropland acres

Productivity Index (PI): 123.6

Soil types include Catlin, Varna, and Birkbeck

Currently in alfalfa hay production

Suitable for transition to organic production

Lies within Village of Mark city limits

Zoned single family residential

Surveyed for multiple residential lots

Subdivision covenants already in place

Close to the following utilities:

City water

Electricity

Natural gas

City sewer

Cable TV

Access along the east side from Division Street and along the south side from Public Street

METHOD & TERMS

The farm will be sold on a price per acre basis, based on surveyed 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 Friday, October 17, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2025 real estate taxes, due and payable in 2026, through a credit at closing based on the best available information. Open lease for 2026 crop year. 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 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.

REAL ESTATE TAX INFORMATION

PIN 02-04-130-000 - 5.0A - $145.80

PIN 02-04-090-000 - 13.0A - $408.76

PIN 02-04-260-000 - 8.1A - $194.72

PIN 02-04-140-000 - 9.58A - $321.18

PIN 02-04-285-000 - 1.5A - $341.92

PIN 02-04-270-000 - 0.22A - $10.86

PIN 02-00-094-030 - 0.0A - $335.38

BGS Investments LLC

Representing Attorney:

John S. Duncan | Herbolsheimer, Duncan & Klinefelter, P.C.

654 First Street, Suite 400, La Salle, IL 61301 | (815) 223-0111

Auction Manager:

Kevin Haas (309) 264-7767