LIVINGSTON COUNTY, IL LAND AUCTION - THORSON

Livingston County, Illinois

Both tracts are located 3 miles northeast of Cornell, IL, 13 miles northwest of Pontiac, IL or 13 miles southeast of Streator, IL. The land is further described as being located in Section 1, T29N-R4E, Amity Township and Section 36, T30N-R4E, Newtown Township, Livingston County, Illinois.

186.41 taxable acres± • 2 tracts

Farmers, investors, outdoor enthusiasts, don't miss this offering of productive, tillable farmland along with a small amount of non-tillable wildlife habitat!

Tract 1 - 70.72 taxable acres±

• FSA records indicate 73.69 NHEL cropland acres
• Productivity Index: 114.5
• Soil types include Rowe and Clarence
• Access along the south side from 2700N Rd

Tract 2 - 115.69 taxable acres±

• FSA records indicate 107.67 NHEL cropland acres
• Includes 7.11 CRP acres, $1764.00 annual payment, expires 9/30/2029
• Includes 7.19 CRP acres, $1832.00 annual payment, expires 3/30/2029
• Productivity Index: 109
• Soil types include Rowe, Clarence, and Nappanee
• Excellent opportunity for deer field edge hunting (lots of deer tracks)
• Access along the north side from 2700N Rd

Both tracts will be sold on a price per acre basis, based on taxable acres. Both tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will be sold. The tracts will NOT be offered in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) 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 Monday, December 14, 2026 Friday, December 18, 2026.

The seller will provide title insurance in the full amount of the purchase price. Seller is retaining all 2026 farm and CRP income. Seller will pay the estimated 2026 taxes due in 2027 through a credit at closing based on the latest available tax information. As a result of receiving this credit, buyer(s) will pay the 2026 taxes when they become due and payable in 2027 with no additional real estate tax adjustments being made. Buyer(s) will pay all 2027 taxes and beyond. Possession at closing subject to harvest completion of the 2026 crops. Open lease for the 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

• PIN 02-02-36-300-003 - 70.72A - $1840.88

Tract 2

• PIN 08-08-01-200-005 - 115.69A - $3109.08