Mendota, IL 61342 - Bureau County

LOCATION

Bureau County, Illinois

The real estate is located approximately 4 miles west of Mendota, IL with access along 3450 E St. and further described as being located in Section 11, T18N-R11E, Clarion Township, Bureau County, Illinois.

SELLER

Steven Fischer & Julie May

MANAGED BY

Isaac Taber (309) 335-8081

Dan Sullivan

GENERAL INFORMATION

117.55 taxable acres 1 tract

The farm represents high quality Class A farmland in Bureau County, IL. A great opportunity to add on to an existing farm operation or investment portfolio.

TRACT INFORMATION

117.55 taxable acres

FSA figures indicate 116.63 cropland acres currently in row crop production

Additional 1.60 acres of cropland are enrolled in a CP8A CRP contract. This contract pays an annual payment of $341.00. The contract expires 9-30-2029.

Productivity Index (PI): 136.1

Soil types include Catlin, Sable, and Flanagan

Access along 3450 E St.

METHOD & TERMS

The Steven Fischer & Julie May real estate 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. The balance of the purchase price will be due at closing which will take place on or before Monday, December 1, 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.

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.

REAL ESTATE TAX INFORMATION

06-11-100-003 - $5,345.70

Representing Attorney:

Michael S. Guilfoyle | Guilfoyle & Stevenson, LLP

1316 Meriden Street, Mendota, IL 61342

Auction Manager:

Isaac Taber (309) 335-8081

Dan Sullivan