VIRTUAL ONLINE
LASALLE COUNTY, ILLINOIS LAND AUCTION THURSDAY, NOVEMBER 17, 2022 AT 1:00 PM CST
160 TAXABLE ACRES± • SELLING AS 1 TRACT
SALATA & BLASCO FARM Representing Attorney: Derek A. Schryer | Davis & Campbell L.L.C. 401 Main Street, Suite 1600, Peoria, IL 61602 (309) 673-1681
Auction Manager: Kevin Haas (309) 264-7767 DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107
SUBJECT
LOCATION & GENERAL INFORMATION The Salata & Blasco farm is located approximately 4 miles northwest of Blackstone, IL, or 6 miles east of Streator, IL. The farm is further described as being located in Section 35, T31N-R4E, Otter Creek Township, LaSalle County, Illinois. The property contains a total of 160 taxable acres, will be sold in 1 tract, represents productive tillable cropland, and is improved with a wind turbine. Farmers and investors, be sure to check out this LaSalle County, Illinois property. TRACT INFORMATION • 160 taxable acres± • FSA maps indicate 146.02 cropland acres • Productivity Index (PI): 113.5 • Soil types include Swygert, Bryce, Rutland and St. Clair • The balance of the farm is waterways and a creek which provides an excellent tile outlet • Improved with a wind turbine (see website for lease terms and payment schedule) • Most current annual lease payment: $15,200 • 30 year contract (renewal term option) • Avangrid Renewables, LLC. • Access along the south side from N 12th Rd (E 3300N Rd)
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
113.5
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 16, 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”.
ADDITIONAL INFORMATON, PHOTOS & BIDDING ONLINE: www.SullivanAuctioneers.com
www.SullivanAuctioneers.com
FIRST CLASS U.S. POSTAGE PAID QUINCY, IL PERMIT 23 62301
PO Box 111 • Hamilton, IL 62341-0111 www.SullivanAuctioneers.com
160 TAXABLE ACRES±
VIRTUAL ONLINE | LASALLE COUNTY, ILLINOIS LAND AUCTION THURSDAY, NOVEMBER 17, 2022 AT 1:00 PM CST
SELLING IN 1 TRACT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, LLC | (844) 847-2161 | LICENSE #444000107 SALATA & BLASCO FARM
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