VIRTUAL ONLINE
LASALLE COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 2 ND , 2022 AT 10:00 AM CDT 762 ACRES ± (SUBJECT TO SURVEY) • SELLING IN 10 TRACTS
CLEAVE FARMS SCOTT CLEAVE - POA Representing Attorney: Jon R Robinson | Bolen, Robinson & Ellis 202 S Franklin Streeet, Decatur, IL 62523 217-429-4296
Auction Manager: Kevin Haas (309) 264-7767 DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION The Cleave Farms real estate is located a few miles southwest of Marseilles, IL or 6 miles southeast of Ottawa, IL. The land is further described as being located in Sections 23, 27, 33 & 34, T33N•R4E, Fall River Township, LaSalle County, IL and Sections 1 & 12, T32N•R4E, Grand Rapids Township, LaSalle County, IL. The farm contains a total of 762 Acres ± (subject to survey) and will be offered in 10-tracts. All but one tract represents highly productive, nearly all-tillable farmland with several having Class A soils. Tract 10 is a small, 6-acre +/- wooded parcel. Farmers and investors, what a tremendous opportunity to purchase 760 acres +/- of investment quality and highly productive LaSalle County, IL farmland all lying within a 3 mile area, much of which has not been on the market in over 150 years.
TRACT 4
TRACT 6
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
METHOD & TERMS All 10 tracts will be sold on a price per acre basis, based on the soon to be completed surveyed acres. Tracts 1 - 9 will be offered through the marketing method of “Buyers Choice,” whereas the high bidder can elect any or all tracts (in any order) for their high bid. If the high bidder does not elect all of the tracts then the remaining tract(s) will be offered and this will continue until all of the tracts have been elected. We will then sell Tract 10. The tracts will NOT be offered together or in their entirety at any time. 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 December 2, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer responsible for the 2023 and all subsequent RE taxes. Possession will be given at the time of closing, subject to the 2022 crop year tenancy, if any. The land sells free and clear of any tenancy for 2023. 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” and subject to sellers confirmation. VISIT OUR WEBSITE SULLIVANAUCTIONEERS.COM FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING
TRACT INFORMATION, AERIAL & SOIL MAPS TRACTS 1 & 2
Located in Section 27, T33N•R4E, Fall River Township, LaSalle County, IL TRACT INFORMATION
TRACT 1 - 80 ACRES (SUBJECT TO SURVEY) • FSA records should indicate approximately 78.64 NHEL cropland acres (split field) • Productivity Index (PI): 115.3 • Soil types include Bryce and Swygert • Access along the west side from E21st Rd and along the south side from N25th Rd TRACT 2 - 80 ACRES (SUBJECT TO SURVEY) • FSA records should indicate approximately 79.5 NHEL cropland acres (split field) • Productivity Index (PI): 115.4 • Soil types include Bryce, Swygert and Mona • Access along the south side from N25th Rd
TRACT 1
TRACT 2
TRACT 2
TRACT 1
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115.4
TRACT INFORMATION, AERIAL & SOIL MAPS TRACTS 3, 4, 5 & 6
Located in Sections 33 & 34, T33N•R4E, Fall River Township, LaSalle County, IL
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TRACT 3
TRACT 4
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123.8
TRACT INFORMATION
TRACT 3 - 160 ACRES (SUBJECT TO SURVEY) • FSA records should indicate approximately 154 NHEL cropland acres (split field) • Includes 7.2 CRP acres, $2,160 annual payment, expires 9/30/2027 • Includes 0.50 CRP acres, $119 annual payment, expires 9-30-2028 • Productivity Index (PI): 123.8 • Soil types include Bryce, Drummer, Swygert and Clare • Access along the north side from N25th Rd and along the west side from E21st Rd TRACT 4 - 76.5 ACRES (SUBJECT TO SURVEY) • FSA records should indicate approximately 76 NHEL cropland acres (split field) • Productivity Index (PI): 133 (Class A) • Soil types include Drummer, Mokena, Proctor and Mona • Access along the west side from E21st Rd
TRACT 5 - 80 ACRES (SUBJECT TO SURVEY) • FSA records should indicate approximately 78.5 NHEL cropland acres (split field) • Includes 4.8 CRP acres, $1,466 annual payment, expires 9-30-2025 • Productivity Index (PI): 132.4 • Soil types include Drummer, Mokena, Proctor and Swygert • Access along the west side from E21st Rd and along the south side from N24th Rd TRACT 6 - 40 ACRES (SUBJECT TO SURVEY) • FSA records indicate 38.84 cropland acres • Includes 0.60 CRP acres, $183 annual payment, expires 9-30-2025 • Productivity Index (PI): 140.9 (Class A) • Soil types include Drummer and Proctor • Access along the south side from N24th Rd and along the east side from E21st Rd
TRACT 5
TRACT 6
TRACT 5
TRACT 6
132.4
140.9
TRACT INFORMATION, AERIAL & SOIL MAPS TRACTS 7, 8, 9 & 10
Located in Sections 1 & 12, T32N•R4E, Grand Rapids Township, LaSalle County, IL And Section 23, T33N•R4E, Fall River Township, LaSalle County, IL
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TRACT 7
TRACT 8
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TRACT INFORMATION
TRACT 7 - 80 ACRES (SUBJECT TO SURVEY) • FSA records should indicate approximately 77.5 NHEL cropland acres (split field) • Productivity Index (PI): 120.4 • Soil types include Rutland, Swygert and Bryce • Access along the west side from E23rd Rd TRACT 8 - 80 ACRES (SUBJECT TO SURVEY) • FSA records should indicate approximately 76.5 NHEL cropland acres (split field) • Productivity Index (PI): 117 • Soil types include Swygert, Bryce and Rutland, • Access along the west side from E23rd Rd and along the south side from N23rd Rd
TRACT 9 - 80 ACRES (SUBJECT TO SURVEY) • FSA records indicate 76.77 NHEL cropland acres • Includes 2.8 CRP acres, $840 annual payment, expires 9-30-2027 • Includes 4.8 CRP acres, $1067 annual payment, expires 9-30-2032 • Productivity Index (PI): 118.3 • Soil types include Bryce, Swygert and Rutland • Access along the north side from N23rd Rd TRACT 10 - 6 ACRES (SUBJECT TO SURVEY) • All mature timber • This tract appears to have no legal access
TRACT 9
TRACT 10
TRACT 9
118.3
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
762 ACRES ± (SUBJECT TO SURVEY) SELLING IN 10 TRACTS
VIRTUAL ONLINE | LASALLE COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 2 ND , 2022 AT 10:00 AM CDT
CLEAVE FARMS SCOTT CLEAVE POA
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
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