VIRTUAL ONLINE
LASALLE COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 9 TH , 2022 AT 10:00 AM CDT
156.91 TAXABLE ACRES± • SELLING AS 1 TRACT
GUSTAFSON FARMS OF ILLINOIS LLC HELEN BARRICK & ROY GUSTAFSON CO-MANAGERS Representing Attorney: Jonathan J. Stoller | Stoller Law Office 15 W Front Street, El Paso IL, 61738 (309) 527-4300
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 Gustafson farm is located approximately 4 miles east of Rutland, IL, or 17 miles southwest of Streator, IL. The land is further described as being located in Section 14, T29N-R2E, Groveland Township, LaSalle County, IL. The farm represents mostly productive tillable cropland with the balance in waterways and draws. The property contains a total of 156.91 taxable acres and will be sold in 1 tract. Farmers and investors be sure to check out this LaSalle County, Illinois farm. TRACT INFORMATION • 156.91 Taxable Acres • FSA maps indicate 151.19 cropland acres which includes 7.6 CRP acres with an annual payment • Soil types include Rooks, Rutland, Drummer, Hartsburg, Streator, Mona, Chatsworth, Mokena, Swygert and Blackberry • Access along the south side from N3rd Rd, west side from E10th Rd, and along the north side from N4th Rd of $2,220 expiring 9-30-2027 • Productivity Index (PI): 130.6
SUBJECT
DRONE FOOTAGE AND ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ON OUR WEBSITE!
130.6
METHOD & TERMS
The tract will be sold by the acre 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 December 9, 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 will be responsible for 2023 and all subsequent taxes. Possession will be given at the time of closing, subject to any remaining crop tenancy for the 2022 crop year only. The properties sell free and clear of tenancy for 2023 and beyond. 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”.
www.SullivanAuctioneers.com 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.
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
156.91 TAXABLE ACRES±
VIRTUAL ONLINE | LASALLE COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 9 TH , 2022 AT 10:00 AM CDT
SELLING IN 1 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 GUSTAFSON FARMS OF ILLINOIS LLC
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