MERCER COUNTY, IL LAND AUCTION - BARRINGTON

LOCATION Mercer County, Illinois The Barrington Family real estate is located West of Alexis, IL. Tract 1 is located approximately 5 miles West of Alexis, IL and Tract 2 is located approximately 7 miles Northwest of Alexis, IL and is further described as being located in Section 8 & 32, T13N-R2W, Suez Township, Mercer County, Illinois. SELLER Barrington Family MANAGED BY Isaac Taber (309) 335-8081 Dan Sullivan GENERAL INFORMATION 199.42 total acres± • 2 tracts The Barrington Family real estate represents productive tillable farmland in Mercer County, IL. Tract 1 features class A soils and tract 2 has recent improvements in tile and clean up. These tracts are an excellent opportunity to add to an existing farm operation or investment portfolio. TRACT INFORMATION Tract 1 - 115.09 surveyed acres FSA figures indicate 104.17 acres of cropland currently in row crop production Additional 5.79 acres of cropland are enrolled in a CP21 CRP contract. This contract pays an annual payment of $1,027.00. The contract expires 9-30-2030. Additional 0.51 acres of cropland are enrolled in a CP8A CRP contract. This contract pays an annual payment of $153.00. The contract expires 9-30-2031. Productivity Index (PI): 136.2 (Class A) Soil types include Muscatune, Osco Access is along 230th St. Tract 2 - 84.33 taxable acres± FSA figures indicate 73.88 acres of cropland currently in row crop production Additional 3.59 acres of cropland are enrolled in a CP21 CRP contract. This contract pays an annual payment of $701.00. The contract expires 9-30-2030. Additional 3.19 acres of cropland are enrolled in a CP8A CRP contract. This contract pays an annual payment of $853.00. The contract expires 9-30-2031. Productivity Index (PI): 110.1 Soil types include Sylvan, Greenbush, Radford Access is along 230th St. METHOD & TERMS The Barrington Family real estate will be sold on a price per acre basis, based on surveyed and taxable acres. These tracts will be offered through the marketing method of “Buyer’s Choice”, where the high bidder can elect any individual tract, or both tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract will be offered. The tracts will NOT be offered together 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 Friday, November 20th, 2026. The seller will provide title insurance in the full amount of the purchase price and pay the 2026 real estate taxes, due and payable in 2027, through a credit at closing. Possession at closing subject to an existing lease for the 2026 crop year only. Open lease for 2027 crop year. 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 Tract 1 - $6,811.34 Tract 2 - $2,719.82 Representing Attorney: Law Office of Eric J. Long 201 W Main St., Aledo, IL 61231 | (309) 582-0100 Auction Managers: Isaac Taber (309) 335-8081 Dan Sullivan