KNOX COUNTY, IL LAND AUCTION - BOND

LOCATION Knox County, Illinois Tract 1 real estate is located 2 miles west of Victoria, IL or 13 miles northeast of Galesburg, IL. Tract 2 lays on the edge of Victoria, IL within city limits. The land is further described as being located in Sections 10 & 13, T12N-R3E, Copley Township, Knox County, Illinois. Physical Address: 512 W. Main St. Victoria, IL 61485 SELLER Bond Farm MANAGED BY Isaac Taber (309) 335-8081 Kevin Haas (309) 264-7767 OPEN HOUSE Wednesday, October 15 4:00 PM - 5:00 PM Saturday, October 18 10:00 AM - 11:00 AM GENERAL INFORMATION 148.21 acres total 2 tracts Tract 1 is a desirable combination of productive, tillable farmland and great recreational possibilities! 16 acre stocked lake also provides excellent waterfowl hunting as well as upland game habitat. Farm income with the bonus of year-round recreational opportunities! Tract 2 is an all-brick ranch home situated on a double lot in Victoria, IL. TRACT INFORMATION Tract 1 - 147.36 taxable acres FSA figures indicate 86.78 cropland acres Productivity Index (PI): 110.9 Soil types include Rapatee, Ipava, Osco, Sable Pattern tiled 40 x 72 and 30 x 40 pole buildings Excellent waterfowl and upland game opportunities with a 16-acre stocked lake Access is along Illinois Route 167 & Knox Hwy 12 Tract 2 - 0.85 acres 224 x 165 double lot 1,544 Sq. Ft. Ranch-style, brick home 3 Bedrooms, 2.5 Bathrooms 588 Sq. Ft. 2 car garage Full basement City water Natural gas Central A/C, High efficiency furnace Security system Automatic stand-by generator Major appliances convey with the house Physical Address: 512 W. Main St, Victoria IL 61485 METHOD & TERMS The Bond farm will be sold on a price per acre basis, based on taxable acres for Tract 1 only. Tract 2 will sell by the lump sum total dollar amount. 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 Tuesday, December 2, 2025. The seller will provide title insurance in the full amount of the purchase price and pay the 2025 real estate taxes, due and payable in 2026, through a credit at closing. Possession at closing subject to an existing lease for the 2025 crop year only. Open lease for 2026 crop year. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. Seller reserves the right to reject any and all bids. 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. SOIL YIELD HISTORY Year - Corn Beans 2024 - 64.8 2023 - 167.4 2022 - 53.1 2021 - 174.9 REAL ESTATE TAX INFORMATION Tract 1 PIN 07-10-300-014 - 147.36A - $4059.68 Tract 2 PIN 07-13-201-011 - $3378.30 Representing Attorney: Bret P. Coale | Hughes, Tenney, Postlewait, & Coale LLC 101 S Main St., Suite 300, Decatur IL 62523 | (217) 428-5383 Auction Managers: Isaac Taber (309) 335-8081 Kevin Haas (309) 264-7767