Mount Sterling, IL 62353 - Brown County

LOCATION

Brown County, Illinois

The real estate, commonly known as the Beide/Easley property, is located just south of the LaGrange Lock along the Illinois River, or approximately 14 miles southeast of Mt. Sterling, IL, 10 miles north of Meredosia, IL, or 35 miles northwest of Jacksonville, IL. It is further described as being in Section 32, T1S-R1W, Cooperstown Township, Brown County, Illinois.

SELLER

Cindy LeQuire and Claudene Ridlen

MANAGED BY

John Sullivan (309) 221-6700

GENERAL INFORMATION

239 taxable acres 3 tracts

The farm contains a total of 239 taxable acres and borders the Illinois River. It will be sold in 3 tracts which offer outstanding hunting and outdoor recreation with excellent waterfowl, deer, turkey and fishing opportunities, as well as CRP income.

Waterfowl hunters, Whitetail deer and turkey hunters, fisherman and outdoor recreation enthusiasts, be sure to check out this property ideally located and in close proximity to both state and national wildlife parks.

TRACT INFORMATION

Tract 1 - 24 taxable acres

Nearly all wooded with mature trees

Improved with an older 2-story home

4 bedrooms (3 upstairs) and 1 1/2 baths

ABS rural water/Ameren electricity/LP heat

Would make a nice hunting cabin or weekend getaway spot

Several other older storage buildings and sheds

Outstanding outdoor recreational tract with abundant wildlife

County Road 1800 E. borders along the east side and 665 N. along the south side

Tract 2 - 51 taxable acres

Nearly 100% wooded with mature trees

ABS rural water available

2 camper hookups sites

Several excellent home or cabin building sites

Outstanding outdoor recreational tract with abundant wildlife

County Road 1800 E. borders along the east side and 665 N. along the north side

Tract 3 - 164 taxable acres

154.2 acres enrolled in the Conservation Reserve Enhancement Program (CREP)

Annual Contract Payment - $45,986.00

Expiration Date - 9/30/28

Mature trees, wetlands, water holes and IL River frontage

ABS rural water available

Several excellent home or cabin building sites

Outstanding outdoor recreational tract with abundant wildlife and waterfowl opportunities

County Road 1800 E. borders along the west side

METHOD & TERMS

The real estate will be sold on a price per acre basis, based on taxable acres, and offered through the marketing method of Buyers Choice, whereas the high bidder can elect any or all of the tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered Buyers Choice until all tracts have been elected. 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 September 1, 2025.

The seller will provide title insurance in the full amount of the purchase price. The seller will pay all the 2024 real estate taxes (due in 2025). The 2025 real estate taxes (due in 2026) will be prorated to the closing date. The 2025 CREP payment will be prorated to the closing date.

Full possession at closing. There are no hunting leases in place.

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 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 Attorneys:

Jesse R. Gilsdorf

110 W Main St., Mount Sterling, IL 62353 | (217) 773-2200

Ryan D Byers | Rammelkamp Bradney

232 West State Street, Jacksonville, IL 62650 | (217) 245-6177

Auction Manager:

John Sullivan (309) 221-6700