Perry, IL 62362 - Pike County

LOCATION

Pike County, Illinois

The Dorsey farm is located approximately 1 mile north of Perry, IL or 6 miles west of Chambersburg, IL, or 14 miles south of Mt. Sterling IL, or 15 miles north of Pittsfield IL. The property is further described as being in part of Sections 16 & 21, T3S-R3W, Perry Township, Pike County, Illinois.

SELLER

Isaac Dorsey

MANAGED BY

John Borrowman (217) 430-0645

Rodney Borrowman (630) 247-0667

GENERAL INFORMATION

56.46 taxable acres 1 tract

The farm contains 56.46 taxable acres and has it all - income producing cropland acres, wooded and grassland acres and a nice pond. Farmers, investors, hunters and outdoor recreational enthusiasts, and home builders - be sure to check out this property.

TRACT INFORMATION

56.46 taxable acres

FSA records indicate 36.4 NHEL cropland acres

Productivity Index (PI): 119.2

Soil types include Winfield, Caseyville, and Downsouth

The non-tillable acres are wooded and offer outdoor recreational opportunities

Several nice home building sites are available on this parcel

US Highway 107 borders along the west side and 374th lane along the north side

METHOD & TERMS

The Dorsey farm will be sold on a price per acre basis, based on taxable acres.

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 Tuesday, May 3, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 real estate taxes, due and payable in 2025. Possession will be given at the time of closing. Open lease for 2025 crop year and 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 pertaining to this property. Real estate is being sold AS IS.