OGLE COUNTY, IL LAND AUCTION - ASSELBORN

LOCATION Ogle County, Illinois The Asselborn real estate is located 3 miles northwest of Rochelle, IL. It is further described as being located in Sections 4 & 5, T40N-R1E, Flagg Township, Ogle County, Illinois. SELLER Asselborn IRR Trust Kathleen Asselborn, Trustee MANAGED BY Kevin Haas (309) 264-7767 Eric Ifft (309) 825-3730 GENERAL INFORMATION 187 acres (subject to survey) 3 tracts Farmers & Investors, don't miss these quality soils located close to excellent grain market outlets, with an open lease for the upcoming 2026 crop year! TRACT INFORMATION Tract 1 69.0 acres (subject to survey) FSA records indicate 70.29 NHEL cropland acres Productivity Index (PI): 116.1 Soil types include Atkinson, Wyanet, Odell, Rockton, and Hitt Access along the east side from White Rock Rd and along the south side from Grist Mill Rd Tract 2 78.0 acres (subject to survey) FSA records indicate 76.12 NHEL cropland acres Productivity Index (PI): 124.7 Soil types include Odell, Jasper, Rockton, and Selma Access along the west side from White Rock Rd and along the south side from Grist Mill Rd Tract 3 40.0 acres (subject to survey) FSA records indicate 38.02 NHEL cropland acres Productivity Index (PI): 127.1 Soil types include Jasper and Selma Access along the west side from White Rock Rd and along the north side from Grist Mill Rd METHOD & TERMS The farm will be sold on a price per acre basis, based on surveyed acres. All tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any 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 have been elected. The tracts will NOT be offered 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, March 13, 2026. The seller will provide title insurance in the full amount of the purchase price and will pay all the 2025 taxes due in 2026 through a credit at closing based on the latest available tax information. Buyer will pay all 2026 taxes and beyond. Open lease for 2026 crop year. 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 Tract 1 - PIN 24-05-200-003 - 78.17A - $2826.00 Covers acres that are not included in the auction Tracts 2 & 3 - PIN 24-04-100-001 - 121.38A - $10,258.32 Covers the house and building site area that is not included in the auction Representing Attorney: Debra A. Delia | Oliver Close, LLC Suite 300 Waterside Center, 124 N Water St., Rockford, IL 61107 | (815) 963-0009 Auction Managers: Kevin Haas (309) 264-7767 Eric Ifft (309) 825-3730