Access along the west side from St Rt 117

Tract 2 - 48 acres (subject to survey)

FSA records indicate 46.35 NHEL cropland acres

Productivity Index (PI): 137.4

All Class A soils!

Soil types include Harco and Hartsburg

Lies within Toluca village limits with potential residential development opportunity!

Tile added in 2019

Access along the east side from 2700E Rd and at the end of N Walnut St for the acres south of the drainage ditch

METHOD & TERMS

The land will be sold on a price per acre basis, based on surveyed acres. The tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will be sold. 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, April 21, 2026. Seller reserves the right to accept or reject any and all bids.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2025 taxes due in 2026 through a credit at closing based on the latest available information. Buyer will pay all the 2026 taxes and beyond. Open lease for 2026 crop year. 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 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.

REAL ESTATE TAX INFORMATION

Pin 14-05-251-001 30 acres $2,110.94

Pin 14-05-276-001 18.49 acres - $1,140.66

Pin 14-05-277-010 11.2 acres - $ 772.42

SOIL TEST RESULTS

PH 6.3

P 50 lbs. per acre

K 231 lbs. per acre

Representing Attorney:

Jack Cantlin | The Cantlin Law Firm

760 E Etna Rd, Ottawa, IL 61350 | (815) 433-4712

Auction Managers:

Eric Ifft (309) 825-3730

Kevin Haas (309) 264-7767