KNOX & WARREN COUNTY, IL LAND AUCTION - SWEDLUND

LOCATION Knox & Warren County, Illinois Tracts 1, 2 & 5 are located a short distance south of Galesburg, IL and are further described as being located in Section 29, T11N-R1E, Galesburg Township, Knox County, IL. Tracts 3 & 4 are located southwest of Galesburg near Cameron, IL and are further described as being located in Section 31, T11N-R1W, Coldbrook Township, Warren County, Illinois. SELLER Donald Swedlund Trust James Swedlund - Co-Trustee Kathleen Perry - Co-Trustee MANAGED BY Isaac Taber (309) 335-8081 Michael Sullivan (309) 333-0916 GENERAL INFORMATION 382.45 surveyed acres 5 tracts Tracts 1-4 represent highly productive, tillable farmland. Tract 5 represents a beautiful, small acreage improved with 2 homes & a pole building. TRACT INFORMATION Tract 1 - 80.77 surveyed acres FSA figures should indicate this tract to be nearly 100% NHEL cropland Productivity Index (PI): 137 (Class A) Predominantly Osco & Ipava soil types Access is along the west side by Knox Rd 100E Tract 2 - 77.11 surveyed acres FSA figures should indicate approx. 70 acres of cropland Productivity Index (PI): 130.8 Soil types include Osco, Sawmill & Assumption The non-cropland acres represent waterways Access is along the west side by Knox Rd 100E & along the south side by Knox Rd 1300N Tract 3 - 110.59 surveyed acres FSA figures should indicate approx. 99 Acres of cropland Productivity Index (PI): 135.9 (Class A) Predominantly Osco & Muscatune soil types The non-cropland acres represent waterways & a small timbered draw This tract is improved with 2 grain bins & a smaller metal shed Access is along the north side by 192nd Ave (Warren School Road) Tract 4 - 110.59 surveyed acres FSA figures should indicate approx. 101 Acres of cropland Productivity Index (PI): 128.8 Soil types include Muscatune, Osco, Assumption & Elco-Atlas The non-cropland acres represent waterways Access is along the north side by 192nd Ave (Warren School Road) Tract 5 - 3.39 surveyed acres - Homes & Outbuildings Beautiful acreage located a short distance south of Galesburg, IL - this property has a lot to offer 3-story brick home with a full basement, 4 Bedrooms, 2 Bathrooms & tons of character The 2nd home on the property is a ranch style home w/ 2 Bedrooms, 1 Bathroom & a basement Additionally, this parcel is improved with a recently renovated 48x 80 metal pole building and a smaller, detached 2-car garage Make plans to attend the open house to see what this property has to offer! Open House: Thursday, October 30 3:30 - 5:30 PM Access is along the south side by Knox Rd 1300N METHOD & TERMS Tracts 1-4 will be sold on a price per acre basis, based on surveyed acres. Tract 5 will be sold for the lump sum, total dollar amount. Tracts 1-4 will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any or all 4 tract(s) 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 1-4 have been elected. Tract 5 will be sold last. The tracts will NOT be offered in their entirety at the conclusion of the auction. Immediately following the auction, the successful buyer(s) 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, December 23, 2025. The seller will provide title insurance in the full amount of the purchase price and pay the 2025 real estate taxes, due and payable in 2026, through credit at closing, said credit to be based on the most recent ascertainable tax year. Possession at closing subject to an existing lease for the 2025 crop year only. Open lease for the 2026 crop year 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: Brian A. Peterson | Simpson Peterson 246 E. Main St., Suite 201, Galesburg, IL 61401 | (309) 343-6152 Auction Managers: Isaac Taber (309) 335-8081 Michael Sullivan (309) 333-0916