LOCATION
Peoria County, Illinois Country Estate
The Harlan real estate is located 2 miles northeast of Edelstein, IL or 8 miles north of Peoria, IL city limits. The land is further described as being located in Section 5, T11N-R8E, Hallock Township, Peoria County, Illinois
Physical Address: 1827 W Streitmatter Rd, Edelstein IL 61526
SELLER
Harlan Family Trust
MANAGED BY
Isaac Taber (309) 335-8081
Kevin Haas (309) 264-7767
OPEN HOUSE
Saturday, July 26 10:00 AM - 12:00 PM
Tuesday, August 5 4:00 PM - 6:00 PM
Thursday, August 7 4:00 PM - 6:00 PM
GENERAL INFORMATION
40.0 taxable acres 1 tract
Peaceful country estate situated on 40 acres. Impressive 3 BR 2.5 BA ranch home with partially finished basement, 30x48 pole building, all situated on 40 acres. Live tax free! Let the CRP income pay your real estate taxes. This is a must-see property!
TRACT INFORMATION
40.0 taxable acres
FSA records indicate 34.72 cropland acres, all acres enrolled as CRP
29.3 acres, $6,675.00 annual payment, expires 9/30/2031
5.42 acres, $1,404.00 annual payment, expires 9/30/2033
Productivity Index (PI): 110.3
Soil types include Rozetta, Dodge, and Strawn
Peaceful setting is a nature lovers retreat
Large amount of songbirds
Live tax free! CRP income pays almost all the real estate taxes
Impressive 3 bed, 2.5 bath, 1,960 sq. ft. ranch home
Master suite
Oversized 3-car garage
Partially finished full basement
Anderson windows, plaster walls
Composite material deck
Rural water supply from Edelstein Water Coop
Major appliances convey with the house including stove, refrigerator, dishwasher, microwave, washer & dryer, water softener
High efficiency LP furnace
Generac 22kw automatic stand-by generator (LP)
30 x 48 pole building
Access along the south side from Streitmatter Rd
METHOD & TERMS
The Harlan Family Trust farm will be sold on a price per acre basis, based on 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 Tuesday, September 23, 2025.
The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 taxes, due and payable in 2025 before closing. 2025 real estate taxes will be prorated to the date of closing and buyer will receive a credit at closing, based on the best available information. Seller is retaining all upcoming CRP payment for the period ending 9/30/25. 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 04-05-300-003 - 40.0 acres - $8313.40
Representing Attorney:
James F. Kane | Johnson, Bunce & Noble, P.C.
7800 N. Sommer St., Suite 425, Peoria, IL 61615 | (309) 691-9650
Auction Managers:
Isaac Taber (309) 335-8081
Kevin Haas (309) 264-7767