Cuba, IL 61427 - Fulton County

MCDONOUGH & FULTON COUNTY, IL LAND AUCTION - KENDALL

Wednesday, January 29, 2025 - 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 & Fulton County, Illinois

Tract 1 is located between Industry & Plymouth, IL and is further described as being located in Section 32, T4N - R3W, Bethel Township, McDonough County, IL. Tract 2 is located approximately 2 miles north of Cuba, IL along Hwy 97 and is further described as being located in Section 6, T6N - R3E, Putnam Township, Fulton County, Illinois.

SELLER

The Robert Vanderlay Kendall Living Trust

MANAGED BY

Louie Zinn (319) 795-2314

Michael Sullivan (309) 333-0916

GENERAL INFORMATION

54.5 acres 2 tracts

Both tracts represent productive, tillable farmland which sells free & clear for the 2025 crop year!

TRACT INFORMATION

Tract 1 33.15 acres McDonough County

FSA figures indicate 32.1 acres of cropland currently in row crop production

An additional .72 acres of cropland are enrolled in a CP33 CRP contract which pays $224.42 per acre for an annual payment of $162.00. This contract expires 9-30-2027.

Productivity Index (PI): 117.3

Predominantly Rozetta soil types

Sells free & clear for the 2025 crop year (new buyer will reimburse for NH3 application)

Access is by way of a 30' ingress/egress easement along the north side extending west from Berlin Road

Tract 2 21.5 acres (subject to survey) Fulton County

FSA figures should indicate approximately 20.5 acres of cropland currently in row crop production

Productivity Index (PI): 129.4

Predominantly Lawson & Raddle soil types

Sells free & clear for the 2025 crop year

Access is along the east side by Hwy 97

METHOD & TERMS

The Kendall farm will be sold on a price per acre basis. Each tract will be sold individually and will not be combined 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 Friday, February 28, 2025.

The seller will provide title insurance in the full amount of the purchase price and pay all the 2024 real estate taxes, due and payable in 2025. Buyer will receive possession of the farm at closing. The farm sells free & clear of any tenancy for 2025 & beyond.

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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.

The Robert Vanderlay Kendall Living Trust

Closing & Title Work:

Terrill Abstract & Title Company

117 S. Side Square, Macomb, IL 61455

Auction Managers:

Louie Zinn (319) 795-2314

Michael Sullivan (309) 333-0916