GRUNDY COUNTY, IL LAND AUCTION - COLLINS

LOCATION Grundy County, Illinois The Collins Family Trust land is located 4 miles south of Seneca, IL or 12 miles southwest of Morris, IL. It is further described as being located in Section 18, T32N-R6E, Vienna Township, Grundy County, Illinois. SELLER Collins Family Trust American Commercial Bank & Trust, N.A. Trustee MANAGED BY Kevin Haas (309) 264-7767 GENERAL INFORMATION 125.47 acres 1 tract Farmers & investors, don't miss this opportunity to purchase a well-located Class A farm that sells with an open lease for the 2026 crop year! TRACT INFORMATION 125.47 acres FSA records indicate 124 cropland acres Productivity Index (PI): 134 Soil types include Chenoa, Drummer, Graymont, and Brenton Access along the north side from Waupecan Rd (2000S Rd) and along the west side from LaSalle Rd (9000W Rd) METHOD & TERMS The Collins Family Trust farm will be sold on a price per acre basis, based on 125.47 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 Monday, January 12, 2026. The seller will provide title insurance in the full amount of the purchase price. At closing Seller will place in escrow with Sellers attorney 110% of last years tax bill for payment of the 2025 real estate taxes when due and payable in 2026. Seller will be responsible for any deficiency not otherwise covered by the escrowed funds. Buyer will be responsible for payment of all of the 2026 real estate taxes due and payable in 2027. 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. YIELD HISTORY Year - Corn Beans 2025 - 240 72 2024 - 238 68 2023 - 226 53 2022 - 234 68 Representing Attorney: Joseph H. Cantlin | Cantlin Law Firm 760 E Etna Rd, Ottawa, IL 61350 | (815) 433-4712 Auction Manager: Kevin Haas (309) 264-7767