Auction Information
Online Bidding SiteHANCOCK COUNTY, IL LAND AUCTION - GROSE
Tuesday, November 28, 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
Hancock County, Illinois
The farm is located north of Plymouth, IL near the small village of St. Mary and is further described as being located in Section 13, T4N - R5W, St. Mary Township, Hancock County, IL.
SELLER
Grose Family Farm
MANAGED BY
Michael Sullivan (309) 333-0916
Kevin Haas (309) 264-7767
GENERAL INFORMATION
116 acres (subject to survey) 1 tract
The Grose Family Farm offers something for all potential bidders - productive tillable farmland & timber/draws for excellent hunting opportunities!
Investors, farmers, hunters & outdoor enthusiasts, make plans to go look at this farm which offers something for everyone!
TRACT INFORMATION
FSA figures indicate 89.2 acres of cropland...
FSA figures indicate 89.2 acres of cropland currently in row crop production
Productivity Index (PI): 122.3 (Class B)
Soil types include Timewell, Rozetta, Worthen, Clarksdale, Osco, Hickory, Greenbush, Coatsburg, Ipava, Keomah, Atlas & Lawson
The non cropland acres represent timber & draws which make for recreational & hunting opportunities
This tract lies next to the LaMoine River & also has a pond which provides water source for wildlife
Access is along the north side by E County Rd 1000N (St. Marys Blacktop) & along the west side by N County Rd 3020E
METHOD & TERMS
The Grose farm will be sold on a price per acre basis, based on a survey that is currently underway.
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 Thursday, December 28, 2023.
The seller will provide title insurance in the full amount of the purchase price. Seller will retain all of the 2023 income and will pay all 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 the existing farm lease. 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.
Grose Family Farm
Representing Attorney:
Tyler A. Eathington | Quinn Johnston
227 NE Jefferson, Peoria, IL 61602 | (309) 674-1133
Auction Managers:
Michael Sullivan (309) 333-0916
Kevin Haas (309) 264-7767
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Research Parcel InformationDirections
Hancock County, Illinois
The farm is located north of Plymouth, IL near the small village of St. Mary and is further described as being located in Section 13, T4N - R5W, St. Mary Township, Hancock County, IL.