TAZEWELL COUNTY, IL LAND AUCTION - INGRAM

LOCATION Tazewell County, Illinois Tract 1 is located 3 miles west of Tremont, IL or 3 miles east of Pekin, IL. Tract 2 is located 3 miles southeast of Pekin, IL. The land is further described as being located in Sections 16 & 29, T24N-R4W, Elm Grove Township, Tazewell County, Illinois. SELLER Mary Ingram Estate MANAGED BY Kevin Haas (309) 264-7767 GENERAL INFORMATION 144.11 taxable acres 2 tracts Farmers, developers, & outdoor enthusiasts, check out this blend of productive, tillable farmland with the added benefit of excellent deer & turkey hunting. TRACT INFORMATION Tract 1 64.11 taxable acres FSA records indicate 49.28 cropland acres Includes 0.7 CRP acres, $210.00 annual payment, expires 9/30/2033 Productivity Index (PI): 130.9 Soil types include Greenbush, Osco, Birkbeck, and Catlin Unlimited residential & commercial development opportunity Close to city utilities Wooded draw provides wildlife habitat Access along the north side from Rt 9 Tract 2 80 taxable acres FSA records indicate 26.66 cropland acres Includes 3.82 CRP acres, $1,147.00 annual payment, expires 9/30/2034 Productivity Index (PI): 110.7 Soil types include Stronghurst, Birkbeck, and Rozetta Premier deer & turkey hunting Several excellent building sites Access along the north side from 1300 N Rd and along the east side from Mennonite Church Rd METHOD & TERMS The farm will be sold on a price per acre basis, based on taxable acres. Both tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect either tract for their high bid. If the high bidder does not elect both tracts, then the remaining tract 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, January 9, 2026. The seller will provide title insurance in the full amount of the purchase price. Seller will pay all the 2025 real estate taxes due in 2026 through a credit at closing based on the best available information. Buyer will pay all 2026 taxes and beyond. Open lease for 2026 crop year. Possession at closing subject to an existing lease for the 2025 crop year only. No hunting lease. 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. TRACT 1 YIELD HISTORY Year - Beans 2024 - 73 *Prior records not available from the previous tenant TRACT 2 YIELD HISTORY Year - Corn Beans 2024 - 270 2023 - 64 2022 - 243 2021 - 63 TRACT 2 SOIL TEST RESULTS PH - 6.5 P - 67 #/A K - 248 #/A REAL ESTATE TAX INFORMATION Tract 1 PIN 11-11-16-200-003 - 64.11A - $2222.26 Tract 2 PIN 11-11-29-200-001 - 80.0A - $929.70 Representing Attorney: W. Thad Kuhfuss | Kuhfuss and Proehl PC 342 Elizabeth St, P.O. Box 1068, Pekin, IL 61554 | (309) 347-4164 Auction Manager: Kevin Haas (309) 264-7767