Kingston, IL 60145(Adams County)

The Schutte farm is located in the southeastern part of Adams County, IL at the junction of Hwy 104 & E 2873rd Ln (Siloam Blacktop). The farm is further described as being located in Section 10, T3S - R5W, Beverly Township, Adams County, IL. The tracts represent a combination of tillable farmland, excellent recreational/hunting ground, potential building sites and is ideally located south of Siloam Springs State Park at the junction of 2 blacktops. Both tracts sell with full possession for the 2023 crop year.

Additional Information Available Soon!

AUCTION BROCHURE

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INTERNET BIDDING CATALOGS

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TRACT INFORMATION

Tract 1 72.30 Acres

FSA figures indicate 37.90 acres of cropland - 25.90 acres were previously enrolled in CRP but have recently been taken out and can now be farmed.

Productivity Index (PI): 100.7 (tillable acres)

The balance of the farm represents timber & draws which offer excellent hunting & recreational activities

Trail cam history, check website for photos

There is also a creek which runs through the property

Potential building sites with ABS rural water available

Access is along the south side by Hwy 104 & along the east side by E 2873rd Ln

Tract 2 44.77 Acres

FSA figures indicate 38.40 acres of cropland - these acres were previously enrolled in CRP but have recently been taken out and can now be farmed

Productivity Index (PI): 113.2

The balance of the farm represents a timbered draw which would offer potential hunting & recreational opportunities

Potential building sites with ABS rural water available

Access is along the south side by Hwy 104 & along the west side by E 2873rd Ln

METHOD & TERMS

Both tracts will be sold by the acre, based on the above stated acres, and offered through the marketing method of Buyer's Choice, whereas the high bidder can purchase either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will be offered. The tracts will not be offered together at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) 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 Monday, June 19, 2023. The seller will provide title insurance in the full amount of the purchase price. The sellers will pay the 2022 real estate taxes due & payable in 2023. The 2023 and subsequent real estate taxes will be the responsibility of the buyer(s). There are no farming or hunting leases associated with the farm. Possession will be given at closing. Early possession for farming rights is available upon down payment & proof of insurance.

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.