Auction Information

HANCOCK COUNTY, IL LAND AUCTION - ADAIR

Thu Apr 18 - 10:00AM


Online Auction, Niota, IL Click to Map


Sullivan Auctioneers, LLC

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Auctioneer ID#: 43943

Phone: 844-847-2161

License: 444000107

Thursday, April 18, 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
HOW TO PARTICIPATE IN A VIRTUAL ONLINE AUCTION

LOCATION


Hancock County, Illinois

The land is located approximately 1.5 miles south of Niota, IL (just across the Mississippi River from Ft. Madison, IA) and is further described as being located in Section 15, T7N-R8W, Appanoose Township, Hancock County, Illinois.

Physical Address: 2731 North County Road 1030 East, Niota, Illinois 62358

SELLER


Teresa L. Adair Estate

Yvonna Massie & Shelly Jung, Co-Executors

MANAGED BY


Dan Sullivan (319) 795-1833

Jim Sullivan (217) 440-8172

GENERAL INFORMATION


13.19 taxable acres± with log cabin • 1 tract

This beautiful wooded property is improved with a quality built log cabin, fireplace, 2-car garage plus much more! Other improvements include a very nice metal building with concrete floor. You must see this property to appreciate it!

AUCTION BROCHURE


 VIEW INTERACTIVE AUCTION BROCHURE

OPEN HOUSE


Saturday, April 6, 2024 • 11:00 AM - 1:00 PM (or by appointment)

INTERNET BIDDING CATALOGS


 CLICK HERE FOR INTERNET BIDDING AND IMPORTANT DOCUMENTS

TRACT INFORMATION


  • Property consists of 13+ acres of beautiful mature timber with picturesque setting!
  • Improvements include a quality well built log cabin with attached 2-car garage. The home has a large kitchen with a laundry room off to the side, bedroom with closets, living room with wood burning fireplace, stairs leading up to a large loft which could easily be used for a bedroom, and a full bath with shower. Other features include a sitting/dining area between the kitchen and living room with a door leading out to a screened in porch area overlooking the timber. There is also a front porch with an entry door off the living room.
  • Home has central air conditioning, Kenmore 40-gallon natural gas hot water heater, A.O. Smith water softener system, Dallas Rural Water, Nicor gas and WIEC electric.
  • Property improved with a very nice metal building with overhead door and concrete floor. There is also a metal high clearance carport used most recently for a motor home.

METHOD & TERMS


The Adair property will be sold for a “lump sum” total dollar amount.

Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay fifteen percent (15%) 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 28, 2024.

The seller will provide title insurance in the full amount of the purchase price. Real Estate taxes will be prorated to the date of closing. Possession will be given at closing.

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, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.

PLAT MAP


AERIAL MAP


SUBJECT PHOTOS


Teresa L. Adair Estate

Yvonna Massie & Shelly Jung, Co-Executors

Representing Attorney:

Mariah M. Wallace | Capps, Ancelet, Icenogle & Wallace

55 S Adams St, Carthage, IL 62321 | (217) 357-2107

Auction Managers:

Dan Sullivan (319) 795-1833

Jim Sullivan (217) 440-8172

Auction Listings provided by AuctionZip.com. Although the information published herein is from sources deemed reliable, AuctionZip.com expressly disclaims any liability for errors, omissions or changes regarding any information provided for this auction. Potential buyers are urged to verify auction date, time, and content directly through the auctioneer's website or by contacting the auctioneer directly. The terms and conditions of the auction may or may not be published in this listing. ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY INFORMATION FOUND HEREIN.