Monmouth, IL 61462(Warren County)

The Aupperle real estate represents tremendous commercial development opportunities. This is a prime location in a high traffic, developed area on the North side of Monmouth, IL. Water, sewer, and electric utilities nearby with 684 ft. of road frontage.

TRACT INFORMATION

Approximately 6.4 acres currently in row crop production

Productivity Index (PI): 144.9 (Class A)

Soil types include Muscatune, Sable, Osco

Prime commercial development location

Zoned B-3 Business Highway District

Water & utilities nearby

3-bedroom, 1,610 Sq. Ft. home

Additional 966 Sq. Ft home considered obsolete

Both houses are vacant. The north house was rented and last occupied in April 2025.

Several outbuildings

Potential rental income

Access is along US Highway 67

METHOD & TERMS

The Eldon & Virginia Aupperle Trust property will sell for a lump sum or total dollar amount.

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 Thursday, July 24, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 taxes due in 2025 and furnish a paid receipt. The seller will provide a $2,500 credit toward the 2025 taxes due and payable in 2026 by the buyer. The seller has received the full cash rent payment for 2025 of $1,450, the new buyer will receive half the payment of $725 at closing. Possession at closing, subject to an existing cash rent lease for the 2025 crop year only. Open lease for 2026 crop year.

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 pertaining to this property. Real estate is being sold AS IS.

REAL ESTATE TAX INFORMATION

0902000500 - $2,530.40

0902000400 - $1,576.72

Representing Attorney:

JohnPatrick Brown, Attorney at Law

Nash Bean Ford & Brown, LLP | Attorneys and Counselors at Law Est 1857

445 US Highway 6 East | P.O. Box 63 | Geneseo, IL 61254 | (309) 240-6822

Auction Manager:

Isaac Taber (309) 335-8081