CLOSE
( E-Mail, User ID, or Auctioneer ID )
(Uncheck if using a shared computer)
 
 
 
 

Auctions in your inbox!

Get notified about the latest local and online auctions.

We value your privacy! Click here to read our policies.



Auction Information
Auctioneer Richard A. Olson & Assoc. Inc. 815-942-4266
Auction Date Dec 08 Auction
Location
Knights of Columbus
806 Oakley Ave
Streator, IL
Time 10:00AM
Auctioneer's Other ListingsE-mail AuctioneerAuctioneer's Web Site
View Full Photo Gallery
  • Flyer - Front Page

    Flyer - Front Page

  • Tract 1

    Tract 1

  • Tract 2

    Tract 2

  • Tract 3

    Tract 3

Auction Listing
AuctionZip Auctioneer ID# 22594
    Attached Files    
Flyer (PDF)
Tract 1 Aerial (PDF)
Tract 2 Aerial (PDF)
Tract 3 Aerial (PDF)

LAND AUCTION
242 ACRES | 3 TRACTS | LASALLE COUNTY
Thursday, December 8, 2016 at 10:00 a.m.

Auction Location: Knights of Columbus, 806 Oakley Ave, Streator, IL 61364
Land Location: See individual TRACT information.

Click for Flyer
Click for Flyover

 


TRACT 1: 83.6 Acres
Part of NE 1/4 of SEC 10 - Bruce Twp - LaSalle Co
PIN# 33-10-201-000

Farm Location: From the intersection of IL-23 & IL-18 in downtown Streator, IL head North 4 miles to N 17th Rd (Richards Rd), then West 1 mile on N 17th to E 16th Rd, then South ½ mile to Farm on the West side of the Road.

Flyer - Aerial Map - Soil Map - Topography Map - FSA Info - Tax Info

Soil Description:
-Flanagan-Catlin - 46.8 Acres (Corn 191, Soybeans 61)
-Elpaso - 12.3 Acres (Corn 195, Soybeans 63)
-Drummer - 8.5 Acres (Corn 195, Soybeans 63)
-Flanagan - 5.9 Acres (Corn 194, Soybeans 63)
-Sabina - 4.9 Acres (Corn 168, Soybeans 52)
-Elburn - 3.2 Acres (Corn 197, Soybeans 61)



Overall Corn 190.9, Soybeans 61.0, Wheat 72.9
Overall Crop Productivity Index = 141.2

-Class “A” Soils
-2015 Taxes = $3,626.82 ($43.37/acre)
-All Tillable
-Closing by December 30, 2016

TRACT 1 TERMS: NO Buyer Premium. The Seller shall provide a clear title & survey to the Real Estate subject to any and all easements recorded at time of sale. The successful bidder will be required to enter into a sales contract on day of sale and deposit $50,000 earnest money to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. Buyer will receive a credit at closing for 2016 taxes due in 2017. Possession will be at closing on or before December 30, 2016.

----------------------------------


TRACT 2: 78.8 Acres
N 1/2 of SE 1/4 of SEC 32 - Vermillion Township - LaSalle Co

Part of PIN# 26-32-401-000 (subject to final survey)

Farm Location: From Streator, IL, head West 9 miles on IL-18 to E 8th Rd, then North 5 miles to the corner of E 8th & N 1850th Rd (Farm on the SW corner). Or, from I-39 Exit 48 in Tonica, head East ½ mile to 1st St (IL-251), then South 3 miles to 17th Rd, then East 3 miles to E 8th Rd, then North 1 mile to N 1850th Rd (Farm on the SW corner).

Flyer - Aerial Map - Soil Map - Topography Map - FSA Info - Tax Info

Soil Description:
-
Rutland - 46.67 Acres (Corn 178, Soybeans 57)
-Streator - 19.58 Acres (Corn 177, Soybeans 58)
-Wenona - 10.15 Acres (Corn 161, Soybeans 52)
-Muscatune-Buckhart - 2.40 Acres (Corn 193, Soybeans 62)



                       
Overall Corn 176, Soybeans 56.8, Wheat 69
Overall Crop Productivity Index = 130.6

-To be sold as CHOICE with [adjacent] Tract 3
-Closing in Jan-2017 or option for Jan-2018
-2015 Taxes = Estimated $1,828.16 ($23.20/acre)
-Includes 3 Grain Bins: (1) 6000 bu & (2) 3000 bu

TRACTS 2 & 3 TERMS: NO Buyer Premium. The Seller shall provide a clear title & survey to the Real Estate subject to any and all easements recorded at time of sale. Tracts 2&3 will be offered as CHOICE. The Seller requires one tract close in Jan 2017 and the other in Jan 2018. The successful high bidder will have CHOICE to close in Jan 2017 or Jan 2018 on one tract. The remaining tract will close on the year not chosen first. The 2017 Closing Buyer will be required to enter into a sales contract on day of sale and deposit $50,000 earnest money to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. Lease is open for 2017. The 2018 Closing Buyer will deposit $75,000 earnest money. The 2018 Closing Buyer will pay the Seller $200 per tillable acre cash rent for the 2017 crop year that will be credited back to the Buyer at the 2018 closing. Possession will be at closing.

----------------------------------


TRACT 3: 80.0 Acres
S 1/2 of SE 1/4 of SEC 32 - Vermillion Township - LaSalle Co

Part of PIN# 26-32-401-000 (subject to final survey)

Farm Location: From Streator, IL, head West 9 miles on IL-18 to E 8th Rd, then North 5 miles to the corner of E 8th & N 1850th Rd (Farm on the SW corner). Or, from I-39 Exit 48 in Tonica, head East ½ mile to 1st St (IL-251), then South 3 miles to 17th Rd, then East 3 miles to E 8th Rd, then North 1 mile to Farm on the West side (½ mile South of N 1850th).

Flyer - Aerial Map - Soil Map - Topography Map - FSA Info - Tax Info

Soil Description:
-Rutland - 37.79 Acres (Corn 178, Soybeans 57)
-Streator - 35.93 Acres (Corn 177, Soybeans 58)
-Muscatune-Buckhart - 6.28 Acres (Corn 193, Soybeans 62)




Overall Corn 178.7, Soybeans 57.9, Wheat 70
Overall Crop Productivity Index = 132.6

-To be sold as CHOICE with [adjacent] Tract 2
-Closing in Jan-2017 or option for Jan-2018
-2015 Taxes = Estimated $1,856.00 ($23.20/acre)
-All Tillable Acres

TRACTS 2 & 3 TERMS: NO Buyer Premium. The Seller shall provide a clear title & survey to the Real Estate subject to any and all easements recorded at time of sale. Tracts 2&3 will be offered as CHOICE. The Seller requires one tract close in Jan 2017 and the other in Jan 2018. The successful high bidder will have CHOICE to close in Jan 2017 or Jan 2018 on one tract. The remaining tract will close on the year not chosen first. The 2017 Closing Buyer will be required to enter into a sales contract on day of sale and deposit $50,000 earnest money to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. Lease is open for 2017. The 2018 Closing Buyer will deposit $75,000 earnest money. The 2018 Closing Buyer will pay the Seller $200 per tillable acre cash rent for the 2017 crop year that will be credited back to the Buyer at the 2018 closing. Possession will be at closing.

----------------------------------

Owner: Novotney Farms

Seller’s Attorney: John W. Hynds
Hynds, Yohnka, Bzdill & McInerney, LLC
105 W. Main Street, P.O. Box 685
Morris, IL 60450
815-942-0049

DISCLOSURE: All info contained in this brochure, on this website and all related materials are subject to the terms and conditions outlined in the Agreement To Purchase. Announcements made by the Auctioneer at the time of sale will take precedence over any previously printed material or any other oral statements made. The property is being sold on an as-is basis and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or Auction agency. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction agency. Plat Book Images provided by Rockford Map; Aerial & Soil Maps provided by AgriData, Inc.

Auction conducted by:

Richard A. Olson & Associates
531 W. Bedford Rd, Ste A
Morris, IL 60450
815-942-4266

Auctioneers:
Richard A. Olson - IL License #440.000585
Erik C. Olson - IL License #441.001909

Contact us for all your Real Estate and Auction Needs
email: olsonauction@live.com


Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List iconSign up for our Email Updates  



Auctioneer License Information: 440.000585

    Auction Listings provided by AuctionZip.com. Although the information published herein is from sources deemed reliable, AuctionZip.com expressly disclaims any liability for errors, omissions or changes regarding any information provided for this auction. Potential buyers are urged to verify auction date, time, and content directly through the auctioneer's website or by contacting the auctioneer directly. The terms and conditions of the auction may or may not be published in this listing. ALL TERMS AND CONDITIONS AND OTHER ANNOUNCEMENTS MADE THE DAY OF THE AUCTION ARE BINDING AND TAKE PRECEDENCE OVER ANY INFORMATION FOUND HEREIN.