VIRTUAL ONLINE
WILL COUNTY, ILLINOIS LAND AUCTION MONDAY, NOVEMBER 27, 2023 AT 2:00 PM CT
156.97 TAXABLE ACRES± • SELLING IN 1 TRACT
AUCTION MANAGER:
O’CONNOR & RUANE FARM
Representing Attorney: Michael S. Guilfoyle | Guilfoyle & Stevenson LLP 1316 Meriden St., Mendota, IL 61342 | (815) 539-6711
KEVIN HAAS (309) 264-7767
DETAILS, MAPS, PHOTOS & BIDDING: WWW.SULLIVANAUCTIONEERS.COM
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107
The O’Connor & Ruane farm is located 1 mile east of Peotone, IL or 16 miles north/northeast of Kankakee, IL. The land is further described as being located in Section 17 T33-R13E, Will Township, Will County, Illinois. Farmers & investors, don’t miss this opportunity to purchase a well-located, productive farm that lies in an area with future development potential. LOCATION & GENERAL INFORMATION • 156.97 taxable acres • FSA records indicate 152.9 NHEL cropland acres • Productivity Index (PI): 128.3 • Soil types include Pella, Elliott, Jasper, Varna, and Ashkum • This farm was featured in the filming of the movie, “Road to Perdition” • Excellent building site location that features many mature trees and a beautiful view of the farm and surrounding area • Access along the south side from Peotone-Beecher Rd and along the west side from S Ridgeland Ave TRACT INFORMATION DRONE FOOTAGE AVAILABLE ON OUR WEBSITE
SUBJECT
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
128.3
METHOD & TERMS
The O’Connor & Ruane 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, December 29, 2023. The seller will provide title insurance in the full amount of the purchase price 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 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”.
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
156.97 TAXABLE ACRES±
VIRTUAL ONLINE | WILL COUNTY, ILLINOIS LAND AUCTION MONDAY, NOVEMBER 27, 2023 AT 2:00 PM CT
SELLING IN 1 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 O’CONNOR & RUANE FARM
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