MERCER COUNTY, IL LAND AUCTION - SAS LLLP

Mercer County, Illinois

The SAS LLLP farms are located approx. 5 miles south of Aledo, IL with road frontage along Highway 94, 40th Avenue, 187th Street and 30th Avenue and is further described as being located in Section 9 & 16, T13N - R3W, Ohio Grove Township, Mercer County, Illinois.

Wednesday, November 11 • 4:00 PM - 6:00 PM

Physical Address: 371 187th St. Aledo, IL 61231

461.65 total acres± • 8 tracts

These tracts represent outstanding Class A, nearly 100% tillable farmland, as well as a home acreage and bin site in Mercer County, IL. This is a rare opportunity to purchase contiguous acres of this quality with a 142.4 PI across all of the tillable acres. Investment quality farmland that rarely comes up for sale! Mark your calendars for this exceptional offering.

Tract 1 - 72.23 taxable acres±

• FSA figures indicate approximately 69.75 NHEL cropland acres currently in row crop production
• Productivity Index (PI): 141.9 (Class A)
• Soil types include Osco, Muscatune, Sable
• Access is along 185th St.

Tract 2 - 85.62 taxable acres±

• FSA figures indicate approximately 85.68 NHEL cropland acres currently in row crop production
• Productivity Index (PI): 143.8 (Class A)
• Soil types include Muscatune, Osco, Sable
• Access is along Highway 94 and 40th Ave.

Tract 3 - 79.37 surveyed acres

• FSA figures indicate approximately 80 NHEL cropland acres currently in row crop production (FSA figures combined with tract 4)
• Productivity Index (PI): 140.4 (Class A)
• Soil types include Muscatune, Osco
• Access is along 40th Ave.

Tract 4 - 70.03 surveyed acres

• FSA figures indicate approximately 71 NHEL cropland acres currently in row crop production (FSA figures combined with tract 3)
• Productivity Index (PI): 144.8 (Class A)
• Soil types include Muscatune, Osco, Sable
• Access is along 40th Ave. and 187th St.

Tract 5 - 72.26 surveyed acres

• FSA figures indicate approximately 71 NHEL cropland acres currently in row crop production
• Productivity Index (PI): 139.2 (Class A)
• Soil types include Muscatune, Osco
• Access is along 187th St.

Tract 6 - 76.15 taxable acres±

• FSA figures indicate approximately 76 NHEL cropland acres currently in row crop production
• Productivity Index (PI): 144.4 (Class A)
• Soil types include Muscatune, Osco
• Access is along 187th St. and 30th Ave.

Tract 7 - 5.01 surveyed acres

• Approximately 230,000 bu. grain storage
• Superb SQ28 SQ Series dryer
• Quonset building
• Machine Shed
• Access is along 187th St.

Tract 8 - .98 surveyed acres

• Two story brick home, approximately 2,724 sq. ft.
• Built in 1982
• 5 bedrooms, or 4 bedrooms and a farm office, 3.5 bathrooms
• Geothermal Energy
• Access is along 187th St.
• Open House: Wednesday, Nov. 11 • 4 PM - 6 PM
• Physical Address: 371 187th St. Aledo, IL 61231

Enjoy rural living at its best in this large modern farmhouse on a working farm. This separate 0.99-acre tract includes an approximately 2,724-square-foot comfortable two-story home that was custom built and has remained in the family since 1982 to be integrated as a part of the farm or for private country living. Either way, you will enjoy all the amenities this home has to offer. Sit on the front porch and view incredible sunsets or watch storms roll in from the west. Built for a large family or entertaining, it includes 3.5 bathrooms and five bedrooms – or can be used as four bedrooms and an office situated off the living area in the rear of the main level. A closet allows the room to be used as a main-level bedroom – or storage for office use. Two upstairs bedrooms are large while the other two bedrooms are ample for others or can be used as hobby rooms. The master suite upstairs includes a bathroom with large vanity, shower and closet, while another upstairs full bathroom features a vanity, too. The upstairs hallway includes a large closet for storage and the staircase between levels offers a landing and window that overlooks surrounding farmland to the east. The foyer offers a ceramic tile floor while two living areas at opposite ends on the main level include a living room with built-in shelves and a family room off the kitchen. The formal dining room with a pass-through window to the kitchen adds a nice touch with built-in drawers, a shelf and cabinet. The kitchen features a large center island with a built-in cooktop and oven. The two downstairs bathrooms include a half-bath off the kitchen with built-in shelves while another bathroom off the garage entrance includes a shower and laundry, perfect after working outside all day to wash clothes and grab a shower. The geothermal system has efficient heating and cooling year-round with a private well for water. A large attached two-car garage provides ample storage as well as for vehicles. The house is situated on a township road with quick access to county roads and state highways just five miles south of Aledo. For the resident farmer or farm manager, the home allows close access to the adjacent grain setup. Come check out your next home in the country during an open house from 4 to 6 p.m. Wednesday, Nov. 11.

The SAS LLLP real estate will be sold on a price per acre basis, based on surveyed acres. Tracts 1-6 will be sold on a price per acre basis, based on surveyed acres through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any individual tract, any combination of tracts or all 6 tracts for their high bid. Tracts 1-6 will be sold on a price per acre basis. Tracts 1, 2, and 6 will be sold based on taxable acres. Tracts 3, 4,and 5 will be sold based on surveyed acres. Tracts 1-6 will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any individual tract, any combination of tracts or all 6 tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all the tracts have been selected. Then Tract 7 & Tract 8 will each be sold individually as lump sum total dollar amounts. 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 Wednesday, December 23rd, 2026.

The seller will provide title insurance in the full amount of the purchase price and pay the 2026 real estate taxes, due and payable in 2027, through a credit at closing based on the best available information. Possession at closing subject to an existing lease for the 2026 crop year only. Open lease for 2027 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, pertaining to this property. Real estate is being sold “AS IS”.

• Tract 1 - $5,037.64
• Tract 2 - $5,482.22
• Tract 3 & 4 (Combined) - $13,481.02 (figure includes 5 acres and buildings NOT selling in the auction)
• Tract 5,7,8 (Combined) - $15,499.88
• Tract 6 - $5,700.06