Tolono, IL 61880 - Champaign County

LOCATION

Champaign County, Illinois

The farm is located just north of Tolono, IL or 5 miles south of Champaign, IL. It is further described as being located in Sections 23 & 24, T18N-R8E, Tolono Township, Champaign County, Illinois.

SELLERS

William & Nancy Warfel

Douglas & B. Nadine Rund

MANAGED BY

David Smith (217) 841-0821

Kevin Haas (309) 264-7767

GENERAL INFORMATION

124.92 acres (subject to survey) 2 tracts

Both tracts represent Class A soils located in the heart of desirable Champaign County!

TRACT INFORMATION

Tract 1 62.92 taxable acres

FSA records indicate 64.89 NHEL cropland acres

Productivity Index (PI): 142.4

Soil types include Drummer, Flanagan, Pella, and Dana

Class A soils!

Access along the north side from 900N Rd

Tract 2 62 acres (subject to survey)

FSA records indicate 60.71 NHEL cropland acres

Productivity Index (PI): 142.4

Soil types include Drummer, Flanagan, and Dana

Class A soils!

Access along the north side from 900N Rd

METHOD & TERMS

The Warfel & Rund farm will be sold on a price per acre basis, based on taxable acres for tract 1 and based on surveyed acres for tract 2. Both tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect either tract for their high bid. If the high bidder does not elect both tracts, then the remaining tract will continue to be offered Buyers Choice until all tracts have been elected. 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 Friday, January 9, 2026.

The seller will provide title insurance in the full amount of the purchase price. Seller will pay all the 2025 real estate taxes due in 2026 through a credit at closing based on the best available information. Open lease for 2026 crop year. Possession at closing.

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

Tract 1

PIN 29-26-24-100-004 - 34.83A - $1720.32

Includes $71.74 drainage tax

PIN 29-26-23-200-005 - 28.09A - $1333.08

Tract 2

PIN 29-26-24-100-005 - 62.92A - $3206.78

Includes $126.66 drainage tax

Representing Attorney:

Angela Vandeventer

1468 CR 600 N Tolono, Illinois 61880 | (217) 840-8219

Auction Managers:

David Smith (217) 841-0821

Kevin Haas (309) 264-7767