PEORIA COUNTY, IL LAND AUCTION – HARLAN

Tract 1 • 68.29 Taxable Acres

• FSA records indicate 67.49 NHEL cropland acres
• Productivity Index (PI): 141.6 (Class A)
• Soil types include Ipava, Osco, Sable and Buckhart
• Access along the south from Legion Hall Rd.

Tract 2 • 19.15 Taxable Acres

• FSA records indicate approximately 19.3 NHEL cropland acres (split fields)
• Productivity Index (PI): 139.4 (Class A)
• Soil types include Ipava, Osco, Greenbush and Sable
• Access along the south from Legion Hall Rd

Tract 3 • 80 Taxable Acres

• FSA records indicate 84.01 NHEL cropland acres
• Productivity Index (PI): 131.8
• Soil types include Osco, Ipava, Elkhart, Rozetta, Dodge, Sylvan, Sable and Clarksdale
• Access along the south from Legion Hall Rd

All 3 tracts will be sold on a price per acre basis, based on taxable acres & will be sold through the marketing method of “Buyers Choice,” whereas the high bidder can elect any or all 3 tracts for their high bid. If the high bidder does not elect all 3 tracts, then the remaining tract(s) will be offered. 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, May 23, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for the 2023 and all subsequent real estate taxes and receive all of the 2023 cash rent. Possession will be given at the time of closing subject to the 2023 crop tenancy lease. Call auction manager for details.

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, LLC pertaining to this property. Real estate is being sold “AS IS”.