Auction Information
Online Bidding SiteMCDONOUGH COUNTY, IL LAND AUCTION - COUSINS & MASON
Tuesday, January 9, 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 Cousins & Mason farm is located a short distance northeast of Macomb, IL (1.5 miles north of the new JD Store) along County Rd 1600E & is further described as being located in Sections 23 & 26, T6N - R2W, Macomb Township, McDonough County, IL.
SELLER
John Cousins & Ann Mason
MANAGED BY
Michael Sullivan (309) 333-0916
GENERAL INFORMATION
166.01 surveyed acres 2 tracts
Tract 1 represents productive, Class A tillable farmland which sells free & clear for the 2024 crop year! Tract 2 represents a combination of tillable/timber acres and is improved with a 3 bedroom home.
TRACT INFORMATION
Tract 1 - 142.02 surveyed acres
FSA figures indicate 129.59 acres of NHE...
FSA figures indicate 129.59 acres of NHEL cropland
Productivity Index (PI): 138.4 (Class A)
Soil types include Ipava, Osco, Sable & Rozetta
The non cropland acres represent a timbered draw in the northern portion of the tract
Access is along the west by E 1600 St. (hard surface)
Tract 2 - 23.99 surveyed acres
Nice combination tract which offers tillable acres, timber & grassland
Improved with a 3 bedroom, 1 bath home & open front outbuilding
Well water
Macomb School District
This tract also offers an excellent spot to build a home ideally located a short distance from Macomb
Access is along the west by E 1600 St. (hard surface)
METHOD & TERMS
The Cousins & Mason farm will be sold on a price per acre basis, based on surveyed acres. Tract 1 will sell first, followed by Tract 2. 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 Monday, February 12, 2024.
The seller will provide title insurance in the full amount of the purchase price 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 will be given at closing.
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.
John Cousins & Ann Mason
Representing Attorney:
Jeff DeJoode | McMillan, Hennenfent & DeJoode, P.C.
402 E Jackson St, Macomb, IL 61455 | (309) 837-2904
Auction Manager:
Michael Sullivan (309) 333-0916
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McDonough County, Illinois
The Cousins & Mason farm is located a short distance northeast of Macomb, IL (1.5 miles north of the new JD Store) along County Rd 1600E & is further described as being located in Sections 23 & 26, T6N - R2W, Macomb Township, McDonough County, IL.