Auction Information
Online Bidding SiteSCHUYLER COUNTY, IL LAND AUCTION - MALCOMSON
LOCATION
Schuyler County, Illinois
The Malcomson property is located 7 miles East of Rushville, IL, 8 miles Northwest of Beardstown, IL, 50 miles Northwest of Springfield, or 70 miles Southwest of Peoria, IL, in Sections 29 & 30, T2N-R1E, Frederick Township, Schuyler County, IL.
From Rushville, take Adams Street/Old Route 67/Pleasant View Rd East 6 miles (through Pleasant View) to Peabody 1 Road, then North 1 mile to Hendricks Lane, then East mile and North 1/4 mile to the farm.
SELLER
Mike and Elisha Malcomson
MANAGED BY
John Sullivan (309) 221-6700
GENERAL INFORMATION
115.261 surveyed acres 1 tract
Land represents a mostly wooded tract with mature timber, a pond, some cropland acres, a metal storage building with partial living quarters, and abundant wildlife, including Whitetail deer and wild turkey.
TRACT INFORMATION
115.261 surveyed acres
Mostly wooded with mature timber an...
Mostly wooded with mature timber and a pond
FSA maps indicate 9.92 cropland acres (currently in production)
Sugar Creek runs along the East side
Metal storage building with partially finished living quarters
Hickory Kerton rural water and Adams Electric on the property
Outstanding outdoor recreational tract with Whitetail deer, wild turkey and other wildlife abundant
METHOD & TERMS
The Malcomson real estate will be sold on a price per acre basis, based on 115.261 surveyed 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 after May 16, 2025.
The seller will provide title insurance in the full amount of the purchase price and pay all the 2024 real estate taxes, due and payable in 2025. The buyer will be responsible for the 2025 and all future real estate taxes. Open crop and hunting leases for 2025 and beyond. Full possession 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 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.
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Research Parcel InformationDirections
Schuyler County, Illinois
The Malcomson property is located 7 miles East of Rushville, IL, 8 miles Northwest of Beardstown, IL, 50 miles Northwest of Springfield, or 70 miles Southwest of Peoria, IL, in Sections 29 & 30, T2N-R1E, Frederick Township, Schuyler County, IL.
From Rushville, take Adams Street/Old Route 67/Pleasant View Rd East 6 miles (through Pleasant View) to Peabody 1 Road, then North 1 mile to Hendricks Lane, then East mile and North 1/4 mile to the farm.
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