Ferris, IL 62321 - Hancock County

LOCATION

Hancock County, Illinois

The farm is located 3.5 miles northwest of Ferris, IL on East County Road 2000 and is further described as being located in Section 21, T6N-R7W, Rock Creek Township, Hancock County, Illinois.

SELLER

The Robert D. Clark and Theresa A. Clark 2013 Joint Revocable Trust

MANAGED BY

Michael Sullivan (309) 333-0916

Louie Zinn (319) 795-2314

Dan Sullivan

GENERAL INFORMATION

52.31 taxable acres 1 tract

The farm represents Class A, investment quality farmland with a productivity index of 138.5 and is pattern tiled. A great opportunity to add on to an existing farm operation or investment portfolio.

TRACT INFORMATION

FSA figures indicate 51.97 acres of NHEL cropland

Productivity Index (PI): 138.5 (Class A)

Soil types include Virden, Ipava, Shiloh & Muscatune

Pattern Tiled (see map online)

Sells subject to an existing farm tenant for 2026 (contact auction rep for details)

Access is along the south side by East County Rd 2000

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 April 10th, 2026.

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 most recent available tax information. The buyer will pay all real estate property taxes for 2026. The farm sells subject to an existing farm tenancy agreement for the 2026 crop year. Buyer to receive all cash rent for 2026. Possession at closing subject to the existing lease for the 2026 crop year only.

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.

Representing Attorney:

Brian J. Helling | Aspelmeier, Fisch, Power, Engberg & Helling, P.L.C.

321 North Third St., Third Floor, P.O. Box 1046, Burlington, IA 52601 | (319) 754-6587

Auction Managers:

Michael Sullivan (309) 333-0916

Louie Zinn (319) 795-2314

Dan Sullivan