Gary L. Schomburg Estate

Virtual Live Auction! Sale Date: Friday, October 31, 2025 Sale Time: 12:00 PM CST Seller: Gary L. Schomburg Estate Physical Address: 1436 State Hwy 94 Aledo, IL 61231 26 Deeded Acres • 1 Tract Representing Attorney: Karl Bredberg Katz Nowinski, P.C. PO Box 208 2020 SE 3rd St. Aledo, IL 61231-0208 (309) 582-5327 Inspection by appointment. Call Auction Representative, Dale Jones Broker showings and participation encouraged, call auction representative for details! Auction Representative: Dale Jones (309) 299-6400 LOCATION Make plans to participate in the virtual live auction for this fantastic mini farm located just north of Aledo, IL! With a 3-bedroom ranch home and a small horse barn on 26± acres, this property has acres of possibilities. For a private showing, contact auctioneer Dale Jones today! TRACT INFORMATION PROPERTY DETAILS Three Bedroom Ranch Home with Open Floor Plan Mercer County Schools Asphalt driveway Private, park-like setting 30ft. X 40ft. horse barn with 2 box-stalls 10ft. X 16ft. open front utility shed Wooded recreational land and pasture Whitetail deer habitat Potential pond sites Deep well 1000 gal LP tank owned Full basement 100 amp electrical service 1 ¾ bath Built-in dishwasher Stove, refrigerator, washer & dryer included 2-car attached garage Wood-burning fireplace Carrier Weathermaker 8000 high efficiency gas forced-air furnace Gas 40gal. water heater – 2022 Central air Large asparagus patch Room & Other Home Dimensions (approximate) Kitchen: 10 X 12, with breakfast bar Living / Dining Room: 19 X 25 (irregular shape) Master BR: 10 X12 with ¾ master bath BR #2: 9 X 12 BR #3: 9 X 11 Unfinished basement: 23 X 51 2-car attached garage: 22 X 24 Front patio: 9 X 30 Rear patio: 12 X 24 Deck: 12 X 14 METHOD AND TERMS The real estate will sell for a lump-sum, total dollar amount. Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection. Immediately following the auction, the successful buyer(s) will be required to enter into a written Real Estate Sales Contract with the seller and pay $10,000 as a non-refundable down payment. The balance of the bid price will be due at the time of closing, on or before Friday, December 5th, 2025. Seller will provide title insurance in the full amount of the purchase price. Seller will pay the 2024 real estate taxes. The 2025 real estate taxes will be prorated to the date of closing based on the most recent tax information and paid as a credit to the buyer. Buyer to pay the 2025 and all subsequent taxes. Seller will retain all of the cash rent. The pasture tenant will have all livestock and livestock equipment removed by closing. Full possession will be given at the time of closing. The real estate sells as-is. Buyers are assumed to have conducted their own inspections and due-diligence prior to bidding on the real estate. 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 Merit Auctions pertaining to this property. Real estate is being sold “AS IS”.