VIRTUAL ONLINE
LASALLE COUNTY, ILLINOIS LAND AUCTION TUESDAY, DECEMBER 10, 2024 AT 10:00 AM CT
210.23 TAXABLE ACRES± • SELLING IN 2 TRACTS
AUCTION MANAGER:
WALTER E. WHITMORE FARMS
Representing Attorney: Richard L. Burton, Partner | Burton, Fuller & Associates, P.C. 227 West Madison St., Ottawa, IL 61350 | (815) 433-3111
KEVIN HAAS (309) 264-7767
SCAN FOR ADDITIONAL DETAILS, MAPS, PHOTOS & BIDDING!
SULLIVAN AUCTIONEERS, A BIGIRON COMPANY WWW.SULLIVANAUCTIONEERS.COM | (844) 847-2161 | LICENSE #444000107
Tract 1 is located 5 miles west of Lostant, IL, and Tract 2 is located 2 miles north of Lostant, IL. Lostant is located 14 miles south of Peru, IL. The land is further described as being located in Sections 12 & 19, T31N- R1E, Hope Township, LaSalle County, Illinois. The Whitmore farms represent the best central Illinois has to offer. Tract 1 contains 100% Class A soils, and Tract 2 contains 98% Class A soils. LOCATION & GENERAL INFORMATION
TRACT INFORMATION
TRACT 1 – 144.74 TAXABLE ACRES • FSA records indicate 143.23 NHEL cropland acres • Productivity Index (PI): 143.2 • Soil types include Muscatune, Osco, Sable, and Flanagan-Catlin • 100% Class A soils! • Enrolled in the Sky Yield Wind Energy Project • Extensive amount of tile recently installed • Access along the north side from N 15th Rd and along the west side from E 0th Rd (Meridian Rd) TRACT 2 – 65.49 TAXABLE ACRES • FSA figures indicate 64.6 NHEL cropland acres • Productivity Index (PI): 143 • Soil types include Sable, Muscatune-Buckhart, Flanagan-Catlin, and Muscatune • 98% Class A soils! • Access along the south side from N 16th Rd
TRACT 1
143.2
METHOD & TERMS
Both tracts will be sold on a price per acre basis, based on taxable acres, through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect either tract for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract 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 Friday, January 10, 2025. The seller will provide title insurance in the full amount of the purchase price. Seller will pay all the 2024 real estate taxes due in 2025 through a credit at closing. Possession at closing. Open lease for 2025 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, a BigIron company, pertaining to this property. Real estate is being sold “AS IS”.
TRACT 2
143
ADDITIONAL INFORMATION, PHOTOS & BIDDING AVAILABLE ONLINE: WWW.SULLIVANAUCTIONEERS.COM AUCTION TO BE CONDUCTED AS A VIRTUAL, ONLINE AUCTION. 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
210.23 TAXABLE ACRES± SELLING IN 2 TRACTS
VIRTUAL ONLINE | LASALLE COUNTY, ILLINOIS LAND AUCTION TUESDAY, DECEMBER 10, 2024 AT 10:00 AM CT
DETAILS, MAPS, PHOTOS & BIDDING: SullivanAuctioneers.com SULLIVAN AUCTIONEERS, A BIGIRON COMPANY | (844) 847-2161 | LICENSE #444000107 WALTER E. WHITMORE FARMS
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