Land Auction 133 +/- Acres Willow Creek Township, Lee County, IL

Hickey Auctioneering LLC and Bearrows Real Estate & Auction Co. have the honor of offering 133 acres MOL of prime Lee County Farmland belonging to the Estate of David T. Gorman of Steward, IL at public auction on Wednesday December 2nd 2026 at 2 pm central time. The farm will be offered as one tract consisting of 133 +/- acres with approx 111 per acres tillable per the current operator and a PI of 126.6. The farm is located on the west side of German Rd about 2 miles south of US Rt 30 in Section 32 of  Willow Creek Township, Lee County, IL and is approx 5 miles NW of Paw Paw, IL.  Access to the farm is off of German road and the West 30+ acres is tillable and currently being farmed and is accessible by driving through a creek crossing. The farm has been a proven high yielding farm and will be a great addition to another farming operation or investment portfolio. Current tenant is happy to continue leasing the farm should an investor need a tenant.

Online Bidding Available: Live Online simulcast bidding will be available at hickeyauctioneering.hibid.com and pre-bidding will open Wednesday, November 25th. The live auction will be broadcast in real time. Watch for details and online link to come.

Auction Location: The Auction will be held at live at the Paw Paw Community Center 362 Chicago Rd. Paw Paw, IL 61353. There will also be internet simulcast bidding offered at hickeyauctioneering.hibid.com . Farm has open tenancy for 2027.

Watch for more details as they become available.

The Estate of David T. Gorman : Owner

Attorney for Seller: Jack Cantlin – Cantlin Law Firm, Ottawa, IL 815-433-4712

Auctioneers:   Josh Hickey 815-739-1030   /   John Bearrows 815-739-9150

TERMS AND CONDITION OF SALE:

1. TERMS: A minimum deposit of 10% of the purchase price in the form of certified check, bank draft, or personal check shall be made by the successful Bidder(s) on the day of a Auction, at such time, the successful Bidder(s) shall enter into purchase contract (Contracts will be available to preview prior to the Auction). The balance of the purchase price is due on or before January 15th, 2027, in which the Buyer(s) shall pay the balance of the purchase price in full. A copy of the purchase contract will be available for inspection prior to the auction, and at the closing desk on the day of the auction as well. This land will be offered as 1 parcel only, and not be divided.
2. POSSESSION: Buyer(s) to receive full possession for 2027 crop year.
3. TAXES: Seller(s) pays all 2026 Taxes due in 2027, in the form of credit at closing based upon the latest available information. 2027 taxes and beyond are the responsibility of the buyer(s) No further pro-rations will be made after closing.
4. NOTE: All announcements given on the day of sale shall take precedence over any, and/or all previous advertising or descriptions. The method, order of sale and bidding increments shall be at the sole discretion of the auctioneer. This auction will be recorded.
5. SURVEY & DEED: Seller(s) will provide certified boundary survey, commitment letter of title insurance in the amount of the purchase price and stamped appropriate deed to Buyer(s) at time of closing. Preliminary title work available to preview prior to the auction.
6. BIDDERS: Bidder(s) should rely upon their own inspections and not upon any description or nomenclature of the auctioneer. Seller(s) assume no liability for errors or omissions in this or any other property listing, advertising, promotion or publicity statements and material. Although information has been obtained from sources deemed reliable, the aforementioned Seller(s) make no guarantee as to accuracy of the information herein contained or in any other property listing or advertising.
7. Internet Bidding: full internet bidding terms will be posted on the auction site at hickeyauctioneering.hibid.com.

For inspection of these parcels or more information contact:

Auctioneer / Broker: Josh Hickey- Steward, IL 815-739-1030

Auctioneer / Managing Broker: John Bearrows- Rochelle, IL 815-739-9150