STEPHENSON COUNTY, IL LAND AUCTION - HAUFE

• 163.30 taxable acres
• FSA figures indicate 150.88 cropland acres
• Productivity Index (PI): 127.7 (Class B)
• Soil types include Lawson & Virgil
• The non-cropland acres include timber.
• Access is along N Old Mill Rd.

The Haufe Trust farm will be sold on a price per acre basis, based on 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. A copy of the form of real estate contract that will be used is available upon request. The balance of the purchase price will be due at closing which will take place on or before January 4, 2024.

The seller will provide title insurance in the full amount of the purchase price. Seller will retain all the 2023 cash rent income, pay the transfer stamps, and the 2023 real estate taxes thru the date of the closing, due and payable in 2024, through a credit at closing based upon the 2022 real estate tax bill. Open lease for 2024 crop year and beyond. Possession at closing, subject to an existing cash rent lease for the 2023 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”.

12-08-06-300-017 - $350.74

12-07-01-400-007 - $3,857.60

12-07-12-200-001 - $1537.86