LOCATION & GENERAL INFORMATION
The SAS LLLP farms are located approx. 5 miles south of Aledo, IL with road frontage along Highway 94, 40th Avenue, 187th Street and 30th Avenue and is further described as being located in Section 9 & 16, T13N - R3W, Ohio Grove Township, Mercer County, Illinois. These tracts represent outstanding Class A, nearly 100% tillable farmland, as well as a home acreage and bin site in Mercer County, IL. This is a rare opportunity to purchase contiguous acres of this quality with a 142.4 PI across all of the tillable acres. Mark your calendars for this exceptional offering.
METHOD & TERMS
The SAS LLLP real estate will be sold on a price per acre basis, based on surveyed acres. Tracts 1-6 will be sold on a price per acre basis, based on surveyed acres through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any individual tract, any combination of tracts or all 6 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 “Buyer’s Choice” until all the tracts have been selected. Then Tract 7 & Tract 8 will each be sold individually as lump sum total dollar amounts. 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 Wednesday, December 23rd, 2026. The seller will provide title insurance in the full amount of the purchase price and pay the 2026 real estate taxes, due and payable in 2027, through a credit at closing based on the best available information. Possession at closing subject to an existing lease for the 2026 crop year only. Open lease for 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”.
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