ADAMS COUNTY, IL LAND AUCTION - BONEBRAKE

LOCATION Adams County, Illinois The Bonebrake farm is located on North 363rd Lane approximately 3.3 miles southeast of Richfield, IL (or 7.7 miles south of Liberty, IL, 9.7 miles north of Barry, IL or 20 miles southeast of Quincy, IL). The land is further described as being located in Section 15, T3S-R6W, Richfield Township, Adams County, Illinois. SELLER Richard & Rosanne Bonebrake MANAGED BY Louie Zinn (319) 795-2314 Rodney Borrowman (630) 247-0667 John Borrowman (217) 430-0645 GENERAL INFORMATION 42.72 taxable acres 1 tract This farm contains 42.72 taxable acres. The farm represents productive tillable farmland with great building site and recreational opportunities. Farmers and investors, be sure to check out this quality rural farm. TRACT INFORMATION 42.72 taxable acres FSA records indicate 40.1 acres of cropland currently in row crop production The balance of the farm represents timber and waterways which offer hunting/recreational opportunities The soil Productivity Index (PI) on the tillable acres is 94.8 Soil types include Keswick, Bunkum, Winfield, and Wakeland Great building sites with excellent views Hunting and recreational opportunities Access is along the north side by North 363rd Lane METHOD & TERMS The Bonebrake 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 Friday, August 15, 2025. The buyer will provide title insurance in the full amount of the purchase price. The 2025 real estate taxes will be prorated to the date of closing. The buyer will receive the second half of the cash rent payment in the amount of $5,000 and will receive $1,000 at closing for the 2025 hunting lease payment. Possession at closing, subject to a farm tenancy for 2025 crop year and a hunting lease for 2025. 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 Parcel ID# 15-0-0169-004-00 2023 Tax Year $764.24 Closing & Title Work: Adams County Abstract & Title Co. 231 N 6th St, Quincy, IL 62301 | (217) 222-2090 Auction Managers: Louie Zinn (319) 795-2314 Rodney Borrowman (630) 247-0667 John Borrowman (217) 430-0645