La Moille, IL 61330 - Bureau County

LOCATION

Bureau County, Illinois

Tracts 1 & 2 are located 2 miles south, and Tract 3 is located on the southwest corner of LaMoille IL, which is 8 miles west of Mendota, IL or 17 miles northwest of Peru, IL. The land is further described as being located in Sections 25 & 36, T18N-R10E, La Moille Township, Bureau County, Illinois.

SELLER

Peterson Family Farm

MANAGED BY

Isaac Taber (309) 335-8081

Kevin Haas (309) 264-7767

GENERAL INFORMATION

246.5 acres (subject to survey) 3 tracts

Farmers & investors, take advantage of this offering of high quality, productive soils, with future development possibilities!

TRACT INFORMATION

Tract 1 101.119 surveyed acres

FSA records indicate 102.49 NHEL cropland acres

Productivity Index (PI): 140.2

Soil types include Muscatune, Osco, Catlin, and Sable

Class A soils!

Excellent fertility & yield history

Access along the southeast side from Rt 34 and along the south side from 2400N Rd

Tract 2 35.045 surveyed acres

FSA records indicate 31.2 NHEL cropland acres

Productivity Index (PI): 140.1

Soil types include Muscatune, Catlin, and Osco

Class A soils!

Excellent fertility & yield history

Grain bin with stiffeners, staircase, fan, dryer & aeriation floor

Access along the northwest side from Rt 34, along the south side from 2400N Rd, and along the east side from 2950E Rd

Tract 3 110.336 surveyed acres

FSA records indicate 106.91 NHEL cropland acres

Includes 3.2 CRP acres, $1,059.00 annual payment, expires 9/30/2026

Includes 4.7 CRP acres, $1,374.00 annual payment, expires 9/30/2026

Productivity Index (PI): 129.7

Soil types include Greenbush, Muscatune, Ambraw, Birkbeck, Catlin, Radford, and Batavia

Excellent fertility & yield history

Access along the east side from Rt 34 and along the north side from 2600N Rd

METHOD & TERMS

The farm will be sold on a price per acre basis, based on surveyed acres. All tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any of the 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 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 23, 2026.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2025 taxes due and payable in 2026 through a credit at closing based on the latest available tax information. Buyer will pay all the 2026 taxes. 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

Tracts 1 & 2

PIN 05-36-300-004 - 134.12A - $7416.34

Tract 3

PIN 05-25-100-002 - 80A - $3387.56

PIN 05-25-201-006 - 31.13A - $1477.68

SOIL TEST RESULTS

Tract 1

PH - 6.9

P - 83 #/A

K - 336 #/A

Tract 2

PH - 6.8

P - 122 #/A

K - 278 #/A

Tract 3

PH - 6.9

P - 90 #/A

K - 298 #/A

TRACTS 1 & 2 YIELD HISTORY

Year - Corn Beans

2024 - 246

2023 - 68

2022 - 251

2021 - 72

TRACT 3 YIELD HISTORY

Year - Corn Beans

2024 - 67

2023 - 234

2022 - 65

2021 - 222

Representing Attorney:

Nick Balestri | Bernabei, Balestri & Fiocchi

149 Gooding St, LaSalle, IL 61301 | 815-223-6600

Auction Managers:

Isaac Taber (309) 335-8081

Kevin Haas (309) 264-7767