VIRTUAL ONLINE
LASALLE COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 15, 2023 AT 10:00 AM CT
310.06 TOTAL ACRES± • SELLING AS 3 TRACTS
TRACT 1
TRACT 1
TRACT 1
TRACT 2
TRACT 2
TRACT 2
TRACT 3
TRACT 3
TRACT 3
BLACKWELL TRUST Representing Attorney: Alan B. Marsh Marsh, Martin, Anderson, Vickers, Deobler & Temple Law Offices 511 East Etna Road, Ottawa, Illinois 61350 | (815) 434-2000
AUCTION MANAGER:
KEVIN HAAS (309) 264-7767
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
LOCATION & GENERAL INFORMATION
Tract 1 located 3 miles northwest of Ottawa, IL and is further described as being located in Section 27, T34N-R3E, Wallace Township. Tract 2 is located 3 miles north of LaSalle, IL or 12 miles northwest of Ottawa, IL and is further described as being located in Section 7, T34N-R2E, Waltham Township. Tract 3 is located 4 miles northeast of Norway, IL or 15 miles northeast of Ottawa, IL and is further described as being located in Section 24, T35N-R5E, Mission Township, LaSalle County, Illinois. Ottawa, IL is located 15 miles east of Peru, IL.
The real estate contains 310.06 total acres and will be sold in 3 tracts. Farmers and investors don’t miss this opportunity! TRACT 1 – 72.66 SURVEYED ACRES • FSA figures indicate 69.82 NHEL cropland acres • Productivity Index (PI): 143.2 (Class A) • Soil types include Drummer, Flanagan, Elburn, Harpster, and Flanagan-Catlin • Improved with 2 grain bins • Larger bin has aeriation floor, fan, and natural gas dryer • Smaller bin has aeriation fan only • Access along the south side from N 31st Rd and along the west side from E 15th Rd TRACT 2 – 158.0 TAXABLE ACRES± • FSA figures indicate 154.09 NHEL cropland acres • Productivity Index (PI): 141.7 (Class A) • Soil types include Osco, Elpaso, Flanagan-Catlin, Catlin, Muscatune, and Sable • Improved with 2 machinery storage buildings and a large grass parking area • Access along the north side from N 3450th Rd and along the east side from E 7th Rd TRACT 3 – 79.4 TAXABLE ACRES± • FSA figures indicate 79.4 cropland acres • Includes 1.3 CRP acres, annual payment of $513.00, expires 9/30/2030 • Productivity Index (PI): 121.7 • Soil types include Varna, Andres, Graymont, Elpaso, and Symerton • Access along the south side from US Rt 52 TRACT INFORMATION 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
143.2
TRACT 2
141.7
TRACT 3
121.7
TRACT 3
ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: www.SullivanAuctioneers.com
METHOD & TERMS
The Blackwell farm will be sold on a price per acre basis, based on acres found in this advertisement. All 3 tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any of the tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all tracts have been elected. The tracts will NOT be offered in their entirety at the conclusion of the auction. 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 15, 2023. The seller will provide title insurance in the full amount of the purchase price. Seller will receive all the 2023 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 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”.
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
310.06 TOTAL ACRES± SELLING AS 3 TRACTS
VIRTUAL ONLINE | LASALLE COUNTY, ILLINOIS LAND AUCTION WEDNESDAY, NOVEMBER 15, 2023 AT 10:00 AM CT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 BLACKWELL TRUST
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