The Albertson farm is located on the south edge of Rock Island, IL, with road frontage on both Ridgewood Rd. and the Milan Beltway and is further described as being located in Section 34, Blackhawk Township, Rock Island County, IL. The farm represents recreational land, productive, tillable crop land and an older one and a half story home with a detached 2-car garage with tremendous development potential located on a paved road.

TRACT INFORMATION

Tract 1 7.5 Acres (Subject to Survey) (located north of the Milan Beltway)

3 bedroom, one and a half story home

Detached 24ft. X 24ft. garage

City water, private septic system

Apple and apricot trees

The balance of the tract is meadows and wooded areas with recreational possibilities

Country setting on the edge of town!

Paved road access on the east side by Ridgewood Rd.

Home details:

Kitchen: 15ft. X 17ft.

Breakfast bar

Built-in oven and stove-top

Living Room: 13ft X 23ft.

Bedroom 1: 10ft. X 11ft. (main floor)

Bedroom 2: 11ft. X 18ft. (2nd floor)

Bedroom 3: 10ft. X 18ft. (2nd floor)

Unique upper-level landing area currently used for office space

Large closets provide plenty of storage

Full Basement

Gas water heater

Gas forced-air furnace

Central air

Roof approximately 2010

Vinyl windows throughout

Deck: 6ft. X 24ft.

Tract 2 18.5 Acres (Subject to Survey) (located south of the Milan Beltway)

Fantastic home sites or future residential development potential.

Tillable and wooded acres.

FSA figures should indicate 6.09 HEL cropland acres.

Productivity Index (PI): 114.7.

Productive soil types include Fayette and Hickory-Sylvan-Fayette.

This tract has a good combination of income producing crop land and timber with tremendous outdoor recreational potential.

Paved road access on the east side by Ridgewood Rd.

METHOD AND TERMS

Both tracts will be surveyed. Tract 1 will sell first, for a lump sum, total dollar amount. Tract 2 will then sell by the acre, based on the surveyed acres. The tracts will NOT be offered together or in combination at the conclusion of the auction.

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

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 October 3rd, 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. The 2025 real estate taxes will be prorated to date of closing based on the most recent tax information and paid as a credit to the buyer. Buyer(s) to pay the 2025 and all subsequent taxes. Cash rent from the tillable farm land on Tract 2 will be prorated. Possession will be given at the time of closing, subject to the rights of the current farm tenant. The farm sells with no tenancy for the 2026 crop season.

The information in the brochure and website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its as is condition and there are no expressed or implied warranties pertaining to the real estate. All announcements sale day shall take precedence over any prior advertising either written or oral.