BUREAU & LEE COUNTY, IL LAND AUCTION - BICKETT

Tract 1 - 78.02 taxable acres

• FSA figures indicate 76.1 acres of cropland currently in row crop production
• Productivity Index (PI): 133.6 (Class A)
• Soil types include Catlin, Muscatune, Plano
• Access is along County Rd 1700 N

Tract 2 - 26.21 surveyed acres

• FSA figures indicate 25.39 acres of cropland currently in row crop production
• Productivity Index (PI): 140.6 (Class A)
• Soil types include Osco, Sable, Muscatune
• Access is along Maytown Rd

The Michael J. and Nancy A. Bickett Family Trust farms will sell on a per acre basis, based on taxable acres. Tract 1 will sell first, followed by tract 2. The tracts will NOT be offered together or in any combination at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) will be required to enter into a written Real Estate Sales Contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment. The balance of the bid price will be due at the time of closing, on or before Tuesday, February 4th, 2025.

The seller will provide title insurance in the full amount of the purchase price and pay the 2024 real estate taxes, due and payable in 2025. Buyer will receive possession at closing. Open lease for 2025 crop year and beyond. The buyer of Tract 1 will receive possession at closing. Open lease for 2025 crop year and beyond. The buyer of Tract 2 will receive possession at closing, subject to an existing 2025 farm lease. The new buyer will receive income for the 2025 crop year, a payment of $7,600 (contact auction manager for details). Open lease for 2026 and beyond.

Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure 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”.

Tract 1

• 18-11-200-012 - $1,900.28
• 18-11-200-013 - $2,258.22

Tract 2

• 13-21-13-400-004 - $1,375.80