PIKE COUNTY, IL LAND AUCTION - KENDRICK

LOCATION Pike County, Illinois Tracts 1 & 2 are generally located approximately 2 miles west of New Canton, IL, or 19 miles southeast of Hannibal, MO, or 28 miles southeast of Quincy, IL, and are further described as being located in Sections 8 & 17, T5S-R6W, Pleasant Vale Township, Pike County, Illinois. Tract 3 is located on the east edge of New Canton, IL, or 20 miles southeast of Hannibal, MO, or 29 miles southeast of Quincy, IL, and is further described as being located in Section 16, T5S-R6W, Pleasant Vale Township, Pike County, Illinois. Tracts 4 & 5 are generally located approximately 6 miles southwest of New Canton, IL, or 24 miles southeast of Hannibal, MO, or 33 miles southeast of Quincy, IL, and are further described as being located in Sections 26 & 36, T5S-R7W, Cincinnati Township, Pike County, Illinois. SELLER Kendrick Farms MANAGED BY John Borrowman (217) 430-0645 Rodney Borrowman (630) 247-0667 GENERAL INFORMATION 602.18 acres 5 tracts The farm represents high-quality farmland, which sells free & clear for the 2026 crop year! Investors, farmers, & outdoor enthusiasts- mark your calendars, this is a great opportunity to add on to an existing farm operation or investment portfolio in Pike County, Illinois. TRACT INFORMATION Tract 1 - 74.96 taxable acres FSA figures indicate 79.40 NHEL cropland acres Productivity Index (PI): 130.9 Soil types include Coffeen, Vesser, Worthern Access is along the east side by 225th St. Tract 2 - 75.82 taxable acres FSA figures indicate 82.18 NHEL cropland acres Productivity Index (PI): 126.3 Soil types include Vesser, Coffeen, Beaucoup Access is along the east side by 225th St. Tract 3 - 37.11 taxable acres FSA figures indicate 34.56 NHEL cropland acres Productivity Index (PI): 131.3 Soil types include Coffeen, Dozaville, and Wakeland Access is along the north from HWY 96, the west from Mechanicsburg St. and the southwest corner along 232nd St. Tract 4 - 230 acres (subject to survey) FSA figures indicate 215.3 NHEL cropland acres (split field) Approximately 6.92 acres in Conservation Reserve Program paying ($295.20/ac), expires 9/30/2032 Productivity Index (PI): 127.1 Soil types include Tice, Beaucoup, and Shaffton Remaining acres in timber, sloughs, and waterways provide outstanding recreational opportunities Access is along the north from 245th Ave. Tract 5 - 185.29 acres (subject to survey) FSA figures indicate 148.01 NHEL cropland acres (split field) Approximately 8 acres in Conservation Reserve Program paying ($295.20/ac), expires 9/30/2032 Productivity Index (PI): 117.5 Soil types include Shaffton, Beaucoup, and Tice Remaining acres in timber, sloughs, and waterways provide outstanding recreational opportunities Access is along the west from Levee Rd. METHOD & TERMS The Kendrick Farms will be sold on a price per acre basis, based on either taxable or surveyed acres. The tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any tract(s) for their high bid. If the high bidder does not elect all offered tracts, then the remaining tracts 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(s) 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. The balance of the bid price will be due at the time of closing, on Thursday, February 19, 2026. The seller will provide title insurance in the full amount of the purchase price and will pay the 2025 real estate taxes (due in 2026). Buyer will be responsible for the 2026 and all subsequent RE taxes. Possession at closing and all tracts sell free and clear of tenancy for 2026 and beyond. The 2026 Sny Annual Assessment shall be the obligation of the Buyer. Seller shall pay any unpaid Sny Special Assessment in full 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 on 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. ANNUAL SNY ASSESSMENT Tract 1 $1,902.60 Tract 2 $1,945.82 Tract 3 No assessment Tracts 4 and 5 (combined) $11,033.44 REAL ESTATE TAX INFORMATION Tract 1 PIN 56-010-03 - 74.6 Acres - $1,764.88 Tract 2 PIN 56-025-10 - 50.91 Acres - $1,059.98 PIN 56-025-09 - 24.91 Acres - $464.92 Tract 3 PIN 56-023-10 - 37.11 Acres - $1,377.12 Tracts 4 and 5 (combined) PIN 57-014-07 - 32.84 Acres - $573.44 PIN 57-015-04 - 81.10 Acres - $1,064.12 PIN 57-015-10 - 136.21 Acres - $2,045.50 PIN 57-015-08 - 164.21 Acres - $1,746.82 Representing Attorney: Ronald K. Hoskin | Lowry & Hoskin LLC and Western Illinois Title Services, LLC 130 S. Madison P.O. Box 167, Pittsfield, IL 62363 | (217) 285-4220 Auction Managers: John Borrowman (217) 430-0645 Rodney Borrowman (630) 247-0667