MCDONOUGH COUNTY, IL LAND AUCTION - HOOD

LOCATION McDonough County, Illinois The Hood farm real estate is located approximately 6 miles northeast of Macomb, IL (just north of Bardolph, IL), and is further described as being in part of Section 13, T6N-R2W, Macomb Township, McDonough County, Illinois. SELLER Lee Hood MANAGED BY John Sullivan (309) 221-6700 Louie Zinn (319) 795-2314 GENERAL INFORMATION 143 acres (subject to survey) 2 tracts The farm contains 143 acres (subject to survey) and will be sold in 2 tracts. Both tracts are nearly all-tillable productive farmland. Farmers and investors, be sure to check out these investment quality parcels of land. TRACT INFORMATION Tract 1 - 100 acres (subject to survey) FSA maps indicate 85.56 NHEL cropland acres Productivity Index (PI): 124.9 (tillable acres) Soil type is Sawmill Balance of the acres is levee, drainage ditches and the E. Fork of the Lamoine River which borders along the south side The tillable acres are protected by a levee May Road borders on the west side Tract 2 - 43 acres (subject to survey) FSA maps indicate 36.82 cropland acres Productivity Index (PI): 107 (tillable acres) Soil types include Rozetta and Hickory Balance of the acres is grass waterways, conservation terraces and the E. Fork of the Lamoine River which borders along the north side County Road 1550 N borders on south side METHOD & TERMS The Hood real estate will be sold on a price per acre basis, based on surveyed acres. Both tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect 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 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 September 18, 2025. The Seller will provide title insurance in the full amount of the purchase price and pay all the 2024 and 2025 real estate taxes. The Seller is retaining the 2025 crop income. Open lease for the 2026 crop year. Possession at closing subject to the removal of the 2025 growing crop. 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 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. Representing Attorney: Dustin Clark | Bougher, Krisher, Stuckart & Clark 32 West Side Square, Macomb, Illinois 61455 | (309) 833-1702 Auction Managers: John Sullivan (309) 221-6700 Louie Zinn (319) 795-2314