Toluca, IL 61369(Marshall County)

Farmers and investors, be sure to check out this investment quality farm which has been in the same family for 125 years.

TRACT INFORMATION

110.17 taxable acres

FSA maps indicate 111.00 NHEL cropland acres

Productivity Index (PI): 129.7

Soil types include Rutland, Streator and Wenona

County Road 50N runs along the north side of the farm

METHOD AND TERMS

The real estate will be sold on a price per acre basis, based on the taxable 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 April 29, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes, due and payable in 2022. Full possession at closing and the land sells free and clear of tenancy for the 2022 crop year.

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, LLC pertaining to this property. Real estate is being sold AS IS.

Alice Marie Neu Estate

Mary Anne McNamara

Jeanne Ruestman

Connie Craig

Representing Attorney:

Thomas L. Janssen

Attorney At Law

474 N. Chestnut St.

Minonk, IL 61760

(309) 432-2563

Auction Manager:

Kevin Haas (309) 264-7767