LASALLE COUNTY, ILLINOIS LAND AUCTION FRIDAY, SEPTEMBER 22, 2023 AT 10:00 AM CT 80.46 TAXABLE ACRES± • SELLING IN 1 TRACT
HIGH QUALITY CLASS A FARM!
MKM OIL INC. Representing Attorney: Larry Wharrie | The Wharrie Law Firm 105 South Broadway Street, Coal City, IL 60416 | (815) 634-8990
KEVIN HAAS (309) 264-7767
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
The MKM Oil farm is located 9 miles west of Streator, IL or 18 miles south of LaSalle, IL. The farm is further described as being located in Section 33, T31N-R2E, Richland Township, LaSalle County, Illinois. The tract represents a high quality, Class A farm – farmers & investors, don’t miss this opportunity. LOCATION & GENERAL INFORMATION
• 80.46 ± taxable acres • FSA records indicate 78.2 NHEL cropland acres • Productivity Index (PI): 142.7 (Class A) • Soil types include Elpaso, Flanagan-Catlin, Muscatune-Buckhart, Harpster, and Osco • Access along the south side from N12th Rd
HIGH QUALITY CLASS A FARM!
AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. NO INTERNET BUYER FEES! IF YOU NEED ASSISTANCE WITH BIDDING, PLEASE CONTACT OUR OFFICE AT (844) 847 - 2161
DRONE FOOTAGE AVAILABLE ON OUR WEBSITE
METHOD & TERMS
The MKM Oil 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, October 6, 2023. The seller will provide title insurance in the full amount of the purchase price. Seller will receive all the 2023 cash rent income and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession at closing, subject to an existing cash rent lease for the 2023 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, LLC pertaining to this property. Real estate is being sold “AS IS”.
ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
80.46 TAXABLE ACRES±
VIRTUAL ONLINE | LASALLE COUNTY, ILLINOIS LAND AUCTION FRIDAY, SEPTEMBER 22, 2023 AT 10:00 AM CT
SELLING IN 1 TRACT
MKM OIL INC.
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107Page 1 Page 2 Page 3 Page 4
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