Rushville, IL 62681(Schuyler County)

From north of Rushville, IL at the Junction of Highway 67 and the Camden Rd, take the Camden Road west 6 miles to Ayers Slough Road, then north 1 mile to the farm; or south of Camden, IL at the Junction of Highway 99 and the Camden Road, go east on the Camden Road 2 miles to Greenwell Mill Road, then north and east 2 miles to Ayers Slough Road, then continue east mile to the farm.

SELLER

Marilou Sutherland Trust

MANAGED BY

John Sullivan (309) 221-6700

GENERAL INFORMATION

226.54 Surveyed Acres 2 Tracts (both tracts enrolled in CREP)

The real estate contains 226.54 surveyed acres and will be sold in 2-tracts. Both tracts are enrolled in the permanent Conservation Reserve Enhancement Program (CREP), are nearly all wooded and lay in the LaMoine River (Crooked Creek) bottoms. These farms offer some of the best hunting, fishing and outdoor recreational opportunities found anywhere in west central Illinois.

TRACT INFORMATION

TRACT 1 - 129.30 ACRES (ESTIMATED)

Enrolled in the permanent Conservation Reserve Enhancement Program (CREP) - no payment or annual income

Approximately 22 acres planted to trees in 2001 (primarily walnut, oak, cherry and ash)

Balance of the acres are in natural woodland

There are 2 small parcels of land totaling 1.3 acres which are excepted from the CREP program (a structure such as a cabin could be erected on these sites)

Outstanding hunting and outdoor recreational opportunities

The Lamoine River borders along the north side offering fishing and waterfowl opportunities

Ayers Slough Road borders along the south side

TRACT 2 - 97.24 ACRES (ESTIMATED)

Enrolled in the permanent Conservation Reserve Enhancement Program (CREP) - no payment or annual income

Approximately 65 acres planted to trees in 2000 and 2001 (primarily walnut, oak, cherry, ash, pecan and Sycamore)

Balance of the acres are in natural woodland

Outstanding hunting and outdoor recreational opportunities

Ayers Slough Road borders along the north and east sides

METHOD & TERMS

Bidding will be on a price per acre basis. The acres on the individual tracts are estimated based on a survey completed in 2000 of the entire farm. Both tracts will be offered through the marketing method of Buyers 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 or in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer will be required to sign and enter into a written 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 29, 2023.

The seller will provide title insurance in the full amount of the purchase price, and pay the 2022 real estate taxes, (due and payable in 2023). The 2023 real estate taxes will be prorated to the closing date. Possession will be given at the time of closing. The real estate sells subject to the existing Conservation Reserve Enhancement Program (CREP).

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.

REAL ESTATE TAX INFORMATION

PIN 06-14-400-001 - 80 taxable acres - $385.80

PIN 06-14-300-002 - 50 taxable acres - $276.04

PIN 06-14-200-003 - 32 taxable acres - $179.52

PIN 06-14-100-002 - 61 taxable acres - $325.56

Marilou Sutherland Trust

Representing Attorney:

Tyler A. Eathington | Quinn Johnston

227 NE Jefferson, Peoria, IL 61602 | (309) 674-1133

Auction Managers:

John Sullivan (309) 221-6700