SANGAMON COUNTY, IL LAND AUCTION - ACKERMAN

LOCATION Sangamon County, Illinois The Ackerman real estate is located approximately 8 miles southwest of Auburn, IL, or 20 miles southwest of Springfield, IL , or 25 miles southeast of Jacksonville, IL (in close proximity to the small community of Lowder, IL). The property is further described as being in part of Sections 20, 21, 22 & 27, T13NR7W, Talkington Township, all in Sangamon County, IL. SELLER The Judith Ann Ackerman Trust and the Jerry Keith Ackerman Trust MANAGED BY John Sullivan (309) 221-6700 Rodney Borrowman (630) 247-0667 GENERAL INFORMATION 486.861 taxable acres 4 tracts Farmers and investors, be sure to check out these investment quality tracts of farmland. TRACT INFORMATION Tract 1 - 200 taxable acres FSA records indicate 196.04 NHEL cropland acres Productivity Index (PI): 139.1 (Class A) Soil types include Ipava, Osco and Virden Balance of the acres is a grass roadway Caruthers Road borders along the north side Tract 2 - 148.611 taxable acres FSA records indicate 146.84 NHEL cropland acres Productivity Index (PI): 140.3 (Class A) Soil types include Ipava, Osco and Buckhart Balance of the acres is grass waterways Ackerman Road borders along the north side, Clark Road along the west side, and Elevator Road along the east side. Tract 3 - 61.69 taxable acres FSA records indicate 57.9 NHEL cropland acres Productivity Index (PI): 138.5 (Class A) Soil types include Ipava, Virden and Buckhart Balance of the acres is grass waterways Ackerman Road borders along the north side Tract 4 - 76.56 taxable acres FSA records indicate 75.46 NHEL cropland acres Productivity Index (PI): 139.1 (Class A) Soil types include Ipava, Virden and Cowden Balance of the acres is grass waterways Thayer Road borders along the south side, and Equity Road along the north side METHOD & TERMS The Ackerman Trust real estate will be sold on a price per acre basis, based on the taxable acres. All tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any or all 4 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 Buyers 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 December 10, 2025. The seller will provide title insurance in the full amount of the purchase price and pay all the 2025 real estate taxes (due in 2026). Possession at closing subject to an existing crop share lease for the 2025 crop year only. The farms sell free and clear of tenancy for 2026 and beyond. 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. Representing Attorney: Randy S. Paswater and Brittany Kink Toigo | Barber, Segatto, Hoffee, Wilke & Cate, LLP 831 E. Monroe Street, Springfield, IL 62701 | Phone: (217) 544-4868 Auction Managers: John Sullivan (309) 221-6700 Rodney Borrowman (630) 247-0667