LaSalle County,IL Land Auction Trust Number 1-1858
LaSalle County,IL Land Auction Trust Number 1-1858
See Special Terms for additional fees
Description
LaSalle County, Illinois
The land is located 6 miles south of Sandwich, IL or 17 miles northwest of Morris, IL. The land is further described as being located in Sections 26, 27, 34 & 35, T36N-R5E, Northville Township, LaSalle County, Illinois.
This farm has something for everyone - productive tillable farmland, mature timber, and Fox River frontage. Farmers, investors, home builders, hunters, and outdoor enthusiasts, take advantage of this opportunity!
Auction Managers:
Kevin Haas (309) 264-7767
Rodney Borrowman (630) 247-0667
John Borrowman (217) 430-0645
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Method & Terms
Lot # 0 (Sale Order: 1 of 2)
This lot is informational and may be used for test bidding - place your actual bids below on Lot #1.
The farm will be sold on a price per acre basis, based on taxable 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 Wednesday, April 3, 2024.
The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Buyer will be responsible for all the 2024 real estate taxes and beyond. Possession at closing. Open lease for 2024 crop year and beyond. This auction is subject to court approval.
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, a BigIron company, pertaining to this property. Real estate is being sold "AS IS".
CLICK HERE TO VIEW TITLE COMMITMENT
CLICK HERE TO VIEW PURCHASE AGREEMENT
Locally known as the Stauber Farm
Trust Number 1-1858
Chicago Title Land Trust Company - Trustee
Representing Attorney:
John A. Lipinsky, Partner | Clingen Callow & McLean LLC
2300 Cabot Drive, Suite 500, Lisle IL 60532 | (630) 588-2094
Auction Managers:
Kevin Haas (309) 264-7767
Rodney Borrowman (630) 247-0667
John Borrowman (217) 430-0645
Tract 1 - 255.4 taxable acres+/-
Lot # 1 (Sale Order: 2 of 2)
Quantity: 255
- 255.4 taxable acres+/-
- FSA figures should indicate 156.01 cropland acres
- Productivity Index (PI): 122.9
- Soil types include Blackberry, Batavia, Camden, Kidami, Mayville, Thorp, Millington, Harvard, Virgil, Rush, and Casco-Rodman
- The balance of the farm is mature timber and brushy draws, which provides excellent hunting and outdoor recreational opportunities
- Over half of a mile of Fox River frontage, includes a 27-acre island in the middle of the Fox River
- Opportunity for waterfowl hunting
- Many excellent building sites
- Improvements include an older 2 story farmhouse in need of major repair, grain bin, large rustic barn, and several other outbuildings
- Access along the north side from N4351st Rd
The purchase agreement will be adjusted to a quantity of 255.4 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
