LaSalle County, IL Land Auction -Woodland Water Co
LaSalle County, IL Land Auction -Woodland Water Co
See Special Terms for additional fees
Description
LaSalle County, Illinois
The Woodland Water Co farm is located 8 miles northwest of Wenona, IL or 12 miles south of Peru, IL. The farm is further described as being located in Section 16, T31N-R1E, Hope Township, LaSalle County, Illinois.
Farmers & investors, don’t miss this opportunity to purchase a Class A farm with the buyer receiving 100% of the 2024 cash rent at closing!
Auction Manager:
Kevin Haas (309) 264-7767
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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 Woodland Water Co 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 Friday, July 26, 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. Buyer will pay the 2024 real estate taxes due in 2025. Buyer receives all the 2024 cash rent at closing. Open lease for 2025 crop year. Possession at closing, subject to an existing cash rent lease for the 2024 crop year only.
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 PURCHASE AGREEMENT
CLICK HERE TO VIEW TITLE COMMITMENT
CLICK HERE TO VIEW WIND LEASE
Woodland Water Co
Representing Attorney:
Enrico Eattoni | Perona, Peterlin & Associates
170 E Walnut St., Oglesby IL 61348 | (815) 883-4102
Auction Manager:
Kevin Haas (309) 264-7767
Tract 1 - 40 taxable acres+/-
Lot # 1 (Sale Order: 2 of 2)
Quantity: 40
- 40.0 taxable acres+/-
- FSA records indicate 39.4 NHEL cropland acres
- Includes 2.3 CRP acres, annual payment of $690.00, expires 9/30/2032
- Productivity Index (PI): 140 (Class A!)
- Soil types include Elpaso, Catlin, and Flanagan-Catlin
- Enrolled in the Scout Clean Energy Sky Yield wind energy project, current annual payment of $500
- Buyer receives 100% of the 2024 cash rent at closing
- Access along the north side from N16th Rd
The purchase agreement will be adjusted to a quantity of 40 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
