Macomb, IL 61455 - McDonough County

Wednesday, November 15, 2023 - 1:00 PM 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 Edwards farm is located approximately 5 miles southwest of Macomb, IL along N. 700th Rd (hard surface) and is further described as being located in Section 26, T5N-R3W, Chalmers Township, McDonough County, IL.

Physical Address: 7265 E 1050th St, Macomb, IL 61455

SELLER

Harold H. Edwards

MANAGED BY

Colette Kennedy (309) 360-1226

Michael Sullivan (309) 333-0916

GENERAL INFORMATION

54 acres (subject to survey) 2 tracts

The farm represents productive tillable farmland, hunting/recreational ground, and a country home with a pond and various outbuildings. Be sure to check out this peaceful country property located close to Macomb!

OPEN HOUSE

Thursday, November 2, 2023 4:30 PM - 6:00 PM

TRACT INFORMATION

Tract 1 50 acres (subject to survey)

FSA records indicate 22.44 cropland acres

Productivity Index Rating (PI): 122.6

Soil types include Greenbush, Ipava, and Keomah

The non cropland acres represent timber, draws, and brushy areas which make for excellent hunting and recreational opportunities

Access is along the south side by N 700th Road and along the west side by E 1050th Street

Tract 2 4 Acres (subject to survey) - Country Home and Outbuildings

Open House: Nov. 2, 2023 from 4:30pm 6:00pm

Home Address: 7265 E 1050th St, Macomb, IL 61455

3 Bedrooms, 2 Baths

Detached garage

Dishwasher, Microwave and Stove replaced in 2022

Septic system installed in 2011

Roof recently replaced in August, 2023

Solar Panel installed in August, 2016

Central air/Propane heat/Rural water through West Prairie Water Coop

Various outbuildings and an older mobile home that can be used for storage

This small acreage consists of a large yard, some cropland, a pond and mature trees for ample shade

Access is along the west side by E 1050th Street

METHOD & TERMS

Tract 1 will be sold on a price per acre basis, based on surveyed acres. Tract 2 will be sold for a lump sum, total dollar amount. The tracts will NOT be offered in their entirety at the conclusion of the auction. 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, December 15, 2023.

The seller will provide title insurance in the full amount of the purchase price. Seller will retain all the 2023 cash rent income and will pay all of the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession at closing, subject to an existing cash rent lease for the 2023 crop year. There are no hunting leases associated with the property.

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, LLC pertaining to this property. Real estate is being sold AS IS.

Harold H. Edwards

Representing Attorney:

Ryan M. Krisher | Bougher, Krisher & Associates, Attorneys at Law, P.C.

202 N. Lafayette St., Macomb, Illinois 61455 | (309) 833-1702

Auction Managers:

Colette Kennedy (309) 360-1226

Michael Sullivan (309) 333-0916