MACOUPIN COUNTY, IL LAND AUCTION - 5 TOOL FARMS

Macoupin County, Illinois

The 5 Tool Farms, LLC real estate is located approximately 5 miles northeast of Palmyra, IL, or 13 miles north of Carlinville, IL (25 miles southeast of Jacksonville, IL). The land is further described as being in Section 25, T12N-R8W, North Palmyra Township, Macoupin County, Illinois.

171 acres± (subject to survey) • 3 tracts

Tracts 1 & 2 represent highly productive tillable farmland with Class A soils; and Tract 3 has tillable acres, woods and a pond and offers excellent building sites and recreational opportunities.

Farmers, investors, homebuilders & outdoor enthusiasts - mark your calendars and don’t miss this great opportunity to purchase investment quality Macoupin County real estate.

Tract 1 - 57 acres± (subject to survey)

• FSA records indicate 52.17 NHEL cropland acres
• Soil Productivity Index: 133 (Class A - tillable acres)
• Soil types include: Ipava, Keomah, and Elco
• The balance of the acres is a wooded and grass waterway with a small pond
• Pattern tiled (see tile map on website)
• Road access along the east side from Otten Rd

Tract 2 - 94 acres± (subject to survey)

• FSA records should indicate approx. 84.46 NHEL cropland acres (split field)
• Soil Productivity Index: 127 (tillable acres)
• Soil types include: Ipava, Keomah, and Rozetta
• The balance of the acres is wooded and grass waterways
• Pattern tiled (see tile map on website)
• Road access along the east side from Otten Rd

Tract 3 - 20 acres± (subject to survey)

• This tract represents tillable and wooded acres and a small pond.
• Several nice home building sites and recreational opportunities
• FSA records should indicate 9 NHEL cropland acres (split field)
• Soil Productivity Index on tillable acres is 115.2 with Rozetta and Keomah soils
• Road access along the east side from Otten Rd

The 5 Tool Farms, LLC real estate will be sold on a price per acre basis, based on surveyed acres. Tracts 1 & 2 will be offered first through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not select both tracts, then the remaining tract will be offered. We will then sell Tract 3. 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 April 28, 2026.

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. Buyer will pay all the 2026 and subsequent real estate taxes. Full possession at closing and open crop lease for the upcoming 2026 crop year and beyond.

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”.