KNOX COUNTY, IL LAND AUCTION - TESSIER

Knox County, Illinois

The Tessier farm is located approx. 2.5 miles Northeast of London Mills, IL along Knox Highway 29 and is further described as being located in Section 36, T9N - R2E, Chestnut Township, Knox County, Illinois.

98.95 taxable acres± • 2 tracts

The Max S. Tessier Trust farm represents productive tillable farmland, hunting/recreational ground in Knox County, IL. Don't miss this great opportunity!

Tract 1 - 40 taxable acres±

• FSA figures indicate 28.95 NHEL cropland acres currently in row crop production
• Productivity Index (PI): 132.5
• Soil types include Osco, Greenbush, Rozetta
• Balance of the property features timber and a small pond
• Access is along 1150 E and Knox
• Highway 29

Tract 2 - 58.95 taxable acres±

• FSA figures indicate 54.63 cropland acres currently in row crop production
• Productivity Index (PI): 113.4
• Soil types include Elco, Rozetta, Lawson
• Access is along Knox Highway 29

The Max S. Tessier Trust tracts will be sold on a price per acre basis, based on taxable acres. These tracts will be offered through the marketing method of “Buyer’s Choice”, where the high bidder can elect any individual tract, or both tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract will be offered. The tracts will NOT be offered together 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 2nd, 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”.

Tract 1 - $1,603.15

Tract 2 - $2,275.10