Beardstown, IL 62618(Schuyler County)

The land contains a total of 665 acres (subject to final survey) and will be offered in 7- tracts. Six of the tracts are all or nearly all tillable bottomland with productive soils (some Class A). One tract borders the IL River, is wooded with mature timber and offers excellent hunting, fishing and outdoor recreational opportunities.

Farmers, investors and oudoor enthusiasts, be sure to check out these investment quality tracts of land. All the tracts are located within a 1 mile radius.

TRACT INFORMATION

TRACT 1 - 120 ACRES (SUBJECT TO SURVEY)

FSA maps indicate 102.92 NHEL cropland acres

Productivity Index (PI): 128.3

Soil types include Tice, Beaucoup and Dickinson

Located in the Crane Creek Drainage and Levee District

A levee and the Lamoine River border along the south side

Sandy Bend Road borders along the north side

TRACT 2 - 205 ACRES (SUBJECT TO SURVEY)

FSA maps indicate 183.32 NHEL cropland acres

Productivity Index (PI): 133.1 (Class A)

Soil types include Tice and Beaucoup

Located in the Crane Creek Drainage and Levee District

A levee and the Lamoine River border along the south side

Sandy Bend Road borders along the north side

TRACT 3 - 40 ACRES (SUBJECT TO SURVEY)

FSA maps indicate 39.38 NHEL cropland acres

Productivity Index (PI): 118

Soil type is Titus

Located in the Crane Creek Drainage and Levee District

Access is via an easement off Sandy Ridge Road into the northwest corner of Tract 3

TRACT 4 - 80 ACRES (SUBJECT TO SURVEY)

FSA maps indicate 79.18 NHEL cropland acres

Productivity Index (PI): 122.8

Soil types include Titus and Beaucoup

Located in the Crane Creek Drainage and Levee District

Sandy Ridge Road borders on the west side

TRACT 5 - 70 ACRES (SUBJECT TO SURVEY)

FSA maps indicate 63.95 NHEL cropland acres

Productivity Index (PI): 107.8

Soil types include Dickinson, Darwin and Beaucoup

Located in the Crane Creek Drainage and Levee District

Sandy Bend Road borders along the south and east sides

TRACT 6 - 16 ACRES (SUBJECT TO SURVEY)

FSA maps indicate 12.3 NHEL cropland acres

Productivity Index (PI): 103

Soil type is Dickinson

This tract also offers waterfowl hunting and fishing opportunities with a large drainage ditch running along the west side with its close proximity to both the IL and Lamoine Rivers

A large power transmission tower is located on this parcel

Located in the Crane Creek Drainage and Levee District

Sandy Bend Road borders along the north side

TRACT 7 - 130 ACRES (SUBJECT TO SURVEY)

Nearly all wooded with mature standing timber

A levee and the Illinois River border along the entire southeast side

With its close proximity to both the Illinois and Lamoine Rivers, this tract offers some excellent outdoor recreational opportunities with Whitetail deer, wild turkey, waterfowl and fishing opportunities

Located in the Crane Creek Drainage and Levee District

Sandy Bend Road borders along the west side

METHOD & TERMS

The real estate will be sold on a price per acre basis, based on the surveyed acres. All 7 tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any individual tract or tracts (in any order) for their high bid. If the high bidder does not elect all the 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 March 15, 2024.

The seller will provide title insurance in the full amount of the purchase price and pay the 2023 drainage and real estate taxes. The buyer will be responsible for the 2024 real estate and drainage taxes. Possession will be given at closing, subject to a cash rent lease for the 2024 crop year only. Note: The buyer will receive the cash rent income for 2024 (contact auction manager for further details).

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 all 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.

T.R. Mills Trust

c/o Linda Butler, Vice President and Trust Officer

Rushville State Bank

Representing Attorney:

Charles A. Burton Law Office

114 W Lafayette St. Rushville, IL 62681 | (217) 322-4303

Auction Manager:

John Sullivan (309) 221-6700