SCHUYLER COUNTY, IL LAND AUCTION - PHILLIPS

LOCATION Schuyler County, Illinois The Phillips farm is located approximately 4 miles southeast of Augusta, IL, or 20 miles northwest of Rushville, IL (25 miles southwest of Macomb, IL or 40 miles northeast of Quincy, IL). The land is further described as being located in the Northwest Quarter of the Northwest Quarter of Section 32, T3N - R4W, Birmingham Township, Schuyler County, IL. SELLER Terry E. Phillips Guardianship C/O Chris Scholz MANAGED BY John Sullivan (309) 221-6700 GENERAL INFORMATION 40 taxable acres 1 tract The farm contains 40 taxable acres (to be sold as 1 tract) with nearly 30 tillable acres and the balance in timber. Farmers, investors and outdoor enthusiasts - be sure to check out this Schuyler County, IL farm that offers something for everyone. TRACT INFORMATION 40 taxable acres FSA figures indicate 31.34 cropland acres Includes 2.93 CRP acres Annual payment of $364.00 Expires 9/30/30 Soil Productivity Index (PI): 107.1 (cropland acres) Soil types include Fishhook, Clarksdale and Timewell Balance of the acres is mature woods which offers excellent hunting and outdoor recreational opportunities. Union Road borders the farm along the north side METHOD & TERMS The Phillips farm will be sold on a price per acre basis, based on the taxable acres. 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 April 30, 2026. The Seller will provide title insurance in the full amount of the purchase price and pay all the 2025 real estate taxes, due and payable in 2026. Buyer will be responsible for the 2026 and all subsequent taxes. Possession at closing subject to a crop lease for the 2026 crop year only (contact auction manager for further details). 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: Christopher G. Scholz, Guardian | Scholz Palmer & Duesterhaus LLP 625 Vermont Street, Quincy, IL 62301 | 217-223-3444 Auction Manager: John Sullivan (309) 221-6700