CALHOUN COUNTY, IL LAND AUCTION - REED

LOCATION Calhoun County, Illinois The Reed real estate is located approximately 6 miles south of Pleasant Hill, IL, or 17 miles southeast of Louisiana, MO, or 17 miles south of Pittsfield, IL. It is further described as being located in Section 12, T8S-R4W, Belleview Township, Calhoun County, Illinois. SELLER Robert L. Reed Trust #2-17 MANAGED BY John Borrowman (217) 430-0645 Rodney Borrowman (630) 247-0667 GENERAL INFORMATION 117.51 surveyed acres • 1 tract The Class A farm represents high-quality farmland in Calhoun County, IL. A great opportunity to add on to an existing farm operation or investment portfolio. TRACT INFORMATION 117.51 surveyed acres Productivity Index (PI): 134.7 (Class A) Soil types include Tice, Raddle, Beaucoup Access is along the east side by US Highway 96 and the north from Lim Long Lane METHOD & TERMS The real estate will be sold on a price per acre basis, based on surveyed acres. 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. The balance of the bid price will be due at the time of closing, on or before November 4, 2026. The seller will provide title insurance in the full amount of the purchase price and will pay all the 2026 taxes due in 2027 through a credit at closing based on the best available information. Buyer will pay all subsequent year real estate taxes. Possession at closing subject to an existing lease for the 2026 crop year. Seller is retaining all the 2026 crop income. Open lease for the 2027 crop year. The 2026 Sny Annual Assessment shall be the obligation of the Buyer. Seller shall pay any unpaid Sny Special Assessment in full 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”. Representing Attorney: Ronald K. Hoskin | Lowry & Hoskin LLC 130 S. Madison P.O. Box 167, Pittsfield, IL 62363 | (217) 285-4220 Auction Managers: John Borrowman (217) 430-0645 Rodney Borrowman (630) 247-0667