LaSalle County, IL Land Auction - Voss Family
LaSalle County, IL Land Auction - Voss Family
See Special Terms for additional fees
Description
Location & General Information
Tract 1 is located approx. 1.5 miles west of Lostant, IL and is further described as being located in Section 15, T31N - R1E, Hope Township. Tract 2 is located 4.5 miles east of Lostant, IL and is further described as being located in Section 14, T31N - R2E, Eagle Township. Both tracts represent Class A, tillable farmland!
Auction to be conducted as a virtual, online only auction. No on-site bidding permitted.
If you need assistance with internet bidding, please contact our office at (844) 847-2161. Thank you.
Auction Manager:
Kevin Haas (309) 264-7767
Kevin@SullivanAuctioneers.com
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Method and Terms
Lot # 0 (Sale Order: 1 of 3)
The Voss tracts will sell on a price per acre basis. Tract 1 will be sold based on taxable acres. Tract 2 has been surveyed and will be sold based on surveyed acres. Both tracts will be offered through the marketing method of "Buyer's Choice", whereas the high bidder can elect, in any order, either or both tracts for their high bid. "Buyer's Choice" auctioning will continue until both tracts have been purchased. The tracts will NOT be offered in their entirety or in any combinations at the conclusion of the auction.
Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at the time of closing on or before Wednesday, October 20, 2020. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2020 real estate taxes, due and payable in 2021, will be paid by the seller. The farm sells with a tenant for the 2020 crop year only. Possession will be given at the time of closing, subject to the current tenant for the 2020 crop year.
All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold "as is".
CLICK HERE TO VIEW TRACT 1 TITLE COMMITMENT
CLICK HERE TO VIEW TRACT 2 SURVEY PLAT & TITLE COMMITMENT
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CLICK HERE TO VIEW TRACT 1 PURCHASE AGREEMENT
CLICK HERE TO VIEW TRACT 2 PURCHASE AGREEMENT
Voss Family Partnership
C/O Peter Voss
Representing Attorney:
James De Bruyn
De Bruyn, Taylor, & De Bruyn Ltd
15252 S. Harlem Ave
Orland Park IL 60462
(708) 532-3223
Auction Managers:
Kevin Haas (309) 264-7767
Kevin@SullivanAuctioneers.com
Tract 1 - 78 Taxable Acres
Lot # 1 (Sale Order: 2 of 3)
Quantity: 78
- FSA figures indicate 77.24 acres of NHEL cropland currently in row crop production
- PI Rating: 133.2 (Class A)
- Soil types include Catlin, Sable, Muscatune-Buckhart & Varna
- Access is along the south side by N. 15th Rd.
The purchase agreement will be adjusted to a quantity of 78 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
Tract 2 - 80.936 Surveyed Acres
Lot # 2 (Sale Order: 3 of 3)
- FSA figures indicate 79.52 acres of NHEL cropland, including .80 acres enrolled in CRP with an annual payment of $201. Contract expires September 30, 2020.
- PI Rating: 142.8 (Class A)
- Soil types include Sable, Muscatune-Buckhart, Osco, Graymont & Catlin
- Access is along the south side by N. 15th Rd.
The purchase agreement will be adjusted to a quantity of 80.936 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value.
