Abingdon, IL 61410 - Knox County

LOCATION

Knox County, Illinois

The Castle farm is located just outside the city limits east of Abingdon, IL with access along Knox Hwy 5 and Knox Rd 650 N and is further described as being located in Section 33, T10N-R1E, Cedar Township, Knox County, Illinois.

SELLER

George Castle Trust

MANAGED BY

Isaac Taber (309) 335-8081

Dan Sullivan

GENERAL INFORMATION

80.72 taxable acres 1 tract

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

TRACT INFORMATION

80.72 taxable acres

FSA figures indicate 80.47 NHEL cropland acres

Productivity Index (PI): 137.8(Class A)

Soil types include Osco, Ipava, Sable

Access is along Knox Hwy 5 and Knox Rd 650 N

METHOD & TERMS

The George Castle Trust farm 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 15, 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 credit at closing, said credit to be based on the most recent ascertainable tax year. 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

Parcel ID - 13-33-226-001- $4,105.78

Representing Attorney:

Brian A. Peterson | Simpson Peterson

246 E. Main St., Suite 201, Galesburg, Illinois 61401 | (309) 343-6152

Auction Managers:

Isaac Taber (309) 335-8081

Dan Sullivan