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Auction Information

LaSalle County, Illinois Land Auction

Fri Nov 05 - 01:00PM


Online Auction, Streator, IL Click to Map


Sullivan Auctioneers, LLC

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Auctioneer ID#: 43943

Phone: 844-847-2161

License: 444000107

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Friday, November 05, 2021 - 1:00 PM Central

Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161

LOCATION

LaSalle County, Illinois

101.46 Surveyed Acres


TRACT INFORMATION

  • 101.46 Surveyed Acres
  • FSA maps indicate 102.71 cropland acres
  • Soil Productivity Index: 141.1 (Class A)
  • Soils include Flanagan, Catlin, Drummer & Blackberry
  • The farm has been professionally managed by the First National Bank of Ottawa
  • Road access along the east side from East 15th Rd.

METHOD & TERMS

The Applebaum farm will be sold by the acre on the basis of 101.46 surveyed acres. Immediately following the auction, the successful buyer will be required to sign a real estate sale contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment, which will be held in escrow until closing. The balance of the bid price will be due at the time of closing on or before December 6, 2021. Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal, or inspection. The seller will provide title insurance in the full amount of the purchase price. The seller will pay the 2021 real estate taxes due and payable in 2022. The property sells subject to the current crop year tenancy but free and clear of tenancy for the 2022 crop year. Possession will be given at the time of closing subject to the current crop tenancy for 2021.

All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure 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 pertaining to the property. The real estate is being sold “As Is”.


Phyllis Applebaum Farm

Known locally as Sibigtroth Trust Farm

Phyllis Applebaum

Carol Williams

Alice Sibigtroth

Jerry Sibigtroth

 

Representing Attorney:

Cote J. Klinefelter

Herbolsheimer, Duncan, Eiten, Hintz and Klinefelter, P.C.

654 First Street, Suite 400

La Salle, IL 61301

(815) 223-0111

 

Auction Manager:

Kevin Haas (309) 264-7767

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.