IROQUOIS COUNTY, IL LAND AUCTION - GROMER

LOCATION Iroquois County, Illinois The Gromer Family Farm is located 4 miles north of Watseka, IL, or 20 miles southeast of Kankakee, IL. It is further described as being located in Section 9, T27N-R12W, Middleport Township, Iroquois County, Illinois. SELLER Gromer Family Farm MANAGED BY Kevin Haas (309) 264-7767 Eric Ifft (309) 825-3730 GENERAL INFORMATION 157.79 surveyed acres 1 tract Farmers & Investors, don't miss this well maintained farm with excellent yield history, located close to excellent grain market outlets! TRACT INFORMATION 157.79 surveyed acres FSA records indicate 152.8 NHEL cropland acres Productivity Index (PI): 100 Soil types include Gilford, Watseka, Chelsea, Aurelius, Sparta and Ridgeville The remainder of the farm includes a drainage ditch, which provides an excellent tile outlet Excellent yield history Close to excellent grain market outlets Access along the north side from 2300N Rd and along the west side from 2100E Rd METHOD & TERMS The Gromer Family Farm will be sold on a price per acre basis, based on surveyed 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 Friday, February 27, 2026. The seller will provide title insurance in the full amount of the purchase price and will pay all the 2025 taxes due in 2026 through a credit at closing based on the latest available information. Buyer will pay all the 2026 taxes and beyond. 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. ESTIMATED REAL ESTATE TAX INFORMATION PIN 19-09-100-001 - 157.79A - $4414.65 Includes $459.84 drainage tax Note: The previous tax bill included the house and building site area, which is not included in this auction. The estimated real estate taxes are for the farmland only. YIELD HISTORY Year - Corn Beans 2021 - 227 62 2022 - 247 50 2023 - 233 61 2024 - 215 60 2025 - 228 61 AVG - 230 59 Representing Attorney: Timothy W. Kirk | Heyl, Royster, Voelker & Allen, P.C. 300 Hamilton Boulevard, Suite 200, Peoria, Illinois 61602 | (309) 677-9519 Auction Managers: Kevin Haas (309) 264-7767 Eric Ifft (309) 825-3730