Colchester, IL 62326 - McDonough County

MCDONOUGH COUNTY, IL LAND AUCTION - MITZAE FOSTER TUCKER

Friday, December 20, 2024 - 10:00 AM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

LOCATION

McDonough County, Illinois

The farm is located southwest of Colchester, IL a short distance south of the 4-lane highway and is further described as being located in Section 25, T5N - R4W, Colchester Township, McDonough County, IL.

SELLER

Mitzae Foster Tucker, Et Al

MANAGED BY

Louie Zinn (319) 795-2314

Michael Sullivan (309) 333-0916

GENERAL INFORMATION

70.01 taxable acres 1 tract

The farm represents productive, tillable farmland in addition to timber/draws which offer excellent whitetail deer & other wildlife habitat. The farm also offers potential building sites and is conveniently located along a blacktop road (525th St.) with all utilities present!

TRACT INFORMATION

70.01 taxable acres

FSA figures indicate 54.38 acres of NHEL cropland

Soil Productivity Index (PI): 116.3 (tillable acres)

Soil types include Keomah and Rozetta

Balance of the acres represent hardwood timber which provides excellent hunting opportunities

Potential Building Sites with all utilities present including fiber internet, rural water and electric

Open Farm Tenancy for 2025

Access along the east side by East 525th Street (blacktop)

METHOD & TERMS

The farm will be sold on a price per acre basis, based on 70.01 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 Thursday, January 16, 2025.

The seller will provide title insurance in the full amount of the purchase price and pay all the 2024 real estate taxes, due and payable in 2025. Buyer will receive possession of the farm at closing. The farm sells free & clear of any tenancy for 2025 & beyond.

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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.

Mitzae Foster Tucker, Et Al

Representing Attorney:

Steve Holland | Holland & Holland

397 W Main St, Bushnell, IL 61422 | (309) 772-3178

Auction Manager:

Louie Zinn (319) 795-2314

Michael Sullivan (309) 333-0916