MCDONOUGH & FULTON COUNTY, IL LAND AUCTION - MPR

Tuesday, December 3, 2024 - 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 northeast of Good Hope, IL in Section 21, T7N - R2W, Walnut Grove Township, McDonough County, IL. Tracts 2, 3 & 4 are located southeast of Bushnell, IL in Sections 12 & 13, T6N - R1W, Mound Township, McDonough County, IL. Tracts 5, 6 & 7 are located south of Avon, IL in Sections 4 & 7, T7N - R1E, Lee Township, Fulton County, IL. Tract 8 is located north of Avon, IL in Sections 8 & 17, T8N - R1E, Union Township, Fulton County, IL. Tract 9 is located southeast of Ellisville, IL in Section 4, T7N - R2E, Deerfield Township, Fulton County, IL.

SELLER

MPR Farms

Pat Fayhee - Managing Partner

MANAGED BY

Michael Sullivan (309) 333-0916

GENERAL INFORMATION

1,090.38 acres 9 tracts

The tracts represent Class A, tillable farmland, CRP acres, timber/recreational land and potential building sites.

TRACT INFORMATION

Tract 1 - 162.3 acres

FSA figures indicate 150.55 acres of cropland are currently in row crop production

An additional 7.88 acres of cropland are currently enrolled in a CRP program which pays $362.58 per acre for an annual payment of $2,857. The contract expires on 9-30-2029.

Productivity Index (PI): 136.9 (Class A)

Soil types include Osco, Ipava, Sable & Greenbush

Access is along the north side by County Hwy 5 & along the west side by E 1400th St.

Tract 2 - 227.47 acres

FSA figures should indicate approx. 220 acres of cropland currently in row crop production

A small buffer strip is enrolled in CRP which includes 0.45 acres.

The remaining few acres represent a timbered draw on the east side of the farm

Productivity Index (PI): 127.3

Soil types include Greenbush, Clarksdale, Rozetta & Keomah

Access is along the south side by N 1550th Rd

Tract 3 - 57.61 acres

FSA figures should indicate approx. 16 acres of cropland currently in row crop production

An additional 3.89 acres of cropland are currently enrolled in a CRP program which pays $300 per acre and expires on 9-30-2031

The balance of the farm represents timber, draws & grassy areas which offer excellent hunting & recreational opportunities.

Productivity Index (PI): 120.3 (tillable acres)

Soil types include Greenbush, Rozetta & Clarkskdale

Access is along the south side by N 1550th Rd

Tract 4 - 21.42 acres

FSA figures should indicate approx. 6 acres of cropland currently in row crop production

An additional 1.07 acres of cropland are currently enrolled in a CRP program which pays $300 per acre and expires on 9-30-2031

The balance of the farm represents timber, draws & grassy areas which offer hunting & recreational opportunities.

Productivity Index (PI): 115.3

Predominantly Rozetta soil type

Access is along the south side by N 1550th Rd

Tract 5 - 166.94 acres

FSA figures should indicate approx. 160 acres of cropland currently in row crop production

Productivity Index (PI): 127

Soil types include Osco, Rozetta, Elco, Ipava & Greenbush

The balance is in waterways

This tract is improved with a 100 x 40 pole building

Access is along the east side by N Manley Rd

Tract 6 - 80 acres

FSA figures should indicate approx. 75 acres of cropland (including waterways & CRP)

2.32 acres of cropland are currently enrolled in a CRP program which pays $203 per acre and expires on 9-30-2028

The remaining non cropland acres represent waterways

Productivity Index (PI): 116.1 (tillable acres)

Soil types include Elco, Rozetta, Greenbush, Osco & Radford

Access is along the east side by N Manley Rd

Tract 7 - 60.6 acres

FSA figures indicate 56.70 acres of NHEL cropland currently in row crop production

Productivity Index (PI): 135.8 (Class A)

Soil types include Osco, Ipava, Rozetta, Greenbush, Sable & Elco

The remaining non cropland acres represent a waterway

Access is along the east side by N Frederick Rd

Tract 8 - 229.84 acres

FSA figures indicate 190.93 acres of cropland

An additional 9.97 acres are enrolled in a CRP program which pays $295.19 per acre and expires on 9-30-2031

The non cropland acres represent timber, draws & waterways which offer hunting and recreational opportunities

Productivity Index (PI): 119.5

Soil types include Sawmill, Lawson, Rozetta, St. Charles, Tice, Hickory, Kendall, Raddle, Chelsea, Drury, Keomah & Clarksdale

The combination of hill ground & bottom ground offer some beautiful views overlooking the bottom

Although this tract is predominantly tillable, it offers excellent hunting potential with the surrounding timber

Access is along the south side by East Shoe Fly Rd & in the southeast corner by North Seven Hills Rd.

Tract 9 - 84.2 acres

FSA figures indicate 38.03 acres of cropland currently in row crop production

An additional 17.65 acres of cropland are enrolled in a CRP program which pays $292.43 per acre and expires on 9-30-2031

Productivity Index (PI): 114.8 (includes tillable & CRP acres)

Soil types include Rozetta, Keomah, Clarksdale, Elco, Greenbush & Hickory

The balance represents timber & draws which offer excellent hunting & recreational opportunities

Access is along the north side by E Chipmunk Rd & along the south side by E Eagle Pass Rd

METHOD & TERMS

The MPR farm will be sold on a price per acre basis, based on the acres in this advertisement.

Tract 1 will be sold first. Tracts 2, 3 & 4 will then be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any or all tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered Buyers Choice until all tracts have been elected. Tracts 5, 6 & 7 will then be offered Buyers Choice. Tracts 8 & 9 will be sold individually. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) 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, December 31, 2024.

The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes due in 2025. Possession at closing, subject to an existing cash rent lease for the 2024 crop year only. There are no hunting leases associated with the farm. Open lease for 2025 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 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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.

MPR Farms

Pat Fayhee - Managing Partner

Representing Attorney:

Steve Holland | Holland & Holland

397 W Main St, Bushnell, IL 61422 | (309) 772-3178

Auction Manager:

Michael Sullivan (309) 333-0916