HANCOCK & MCDONOUGH COUNTY, IL LAND AUCTION - HTFF REIT, INC.

Tract 1 - 94.60 surveyed acres

• FSA figures indicate 82.77 acres of cropland
• Productivity Index (PI): 120.8 (cropland acres)
• Soil types include Clarkskdale, Keomah, Rushville, Rozetta & Timewell
• The non cropland acres represent timber & draws which make for hunting & recreational opportunities
• Access is along the east side by Hwy 61

Tract 2 - 98.23 surveyed acres

• FSA figures indicate 92.77 acres of cropland
• Productivity Index (PI): 131.3 (cropland acres)
• Soil types include Ipava, Clarksdale, Rozetta, Assumption, Osco & Keomah
• Access is along the north side by County Rd 1100N

Tract 3 - 94.31 surveyed acres

• FSA figures indicate 74.50 acres of NHEL cropland
• Productivity Index (PI): 128.8 (cropland acres)
• Soil types include Clarksdale, Virden, Ipava, Rozetta & Keomah
• The non cropland acres represent timber & draws which make for hunting & recreational opportunities
• Access is along the north side by E County Rd 1800

Tract 4 - 90.49 surveyed acres

• FSA figures indicate 81.92 acres of cropland (80.64 acres are NHEL)
• Productivity Index (PI): 125.4 (cropland acres)
• Soil types include Clarksdale, Ipava, Fishhook, Rozetta & Osco
• The non cropland acres represent a couple of small draws & waterways
• Access is along the east side by N County Rd 3000 & along the north side by E County Rd 2060

Tract 5 - 25.29 surveyed acres

• FSA figures indicate 24 acres of cropland
• Productivity Index (PI): 117.8 (cropland acres)
• Soil types include Clarksdale, Fishhook & Rozetta
• Access is along the north side by E County Rd 2060

Tract 6 - 157.58 surveyed acres

• FSA figures indicate 145.47 acres of NHEL cropland in row crop production
• An additional 12.25 acres of cropland are enrolled in CRP waterways (view website for CRP contracts)
• Productivity Index (PI): 123.4 (cropland acres)
• Soil types include Atterberry, Rozetta, Muscatune, Fishhook, Stronghurst & Keller
• Access is along the west side by N County Rd 2500

Tract 7 - 123.90 surveyed acres

• FSA figures indicate 95.32 acres of cropland
• Productivity Index (PI): 118.3 (cropland acres)
• Soil types include Rozetta, Keomah, Sable, Stronghurst, Atterbury & Fayette
• The non cropland acres represent timber & draws which offer excellent hunting & recreational opportunities
• Access is along the east side by County Rd 3020E & along the north side by E County Rd 2350

Tract 8 - 53.05 surveyed acres

• FSA figures indicate 37.59 acres of cropland
• Productivity Index (PI): 114.7 (cropland acres)
• Soil types include Rozetta & Stronghurst
• The non cropland acres represent timber & draws which offer excellent hunting & recreational opportunities
• Access is along the west side by County Rd 3020E

The farm will be sold on a price per acre basis, based on existing surveys. All 8 tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any of the tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction.

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 before Tuesday, January 16, 2024.

The seller will provide title insurance in the full amount of the purchase price. Seller will retain the 2023 income and will pay the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession will be given at closing, subject to the remaining farm lease for the 2023 crop year.

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”.