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Auction Information

750 Acre Land Auction - Leaf River IL

Sat Aug 13 - 10:00AM


605 Main Street, Leaf River, IL Click to Map


Bearrows Real Estate & Auction Co.

Auctioneer's Other ListingsE-mail AuctioneerAuctioneer's Web Site

Auctioneer ID#: 6953

Phone: 815-562-5113

License: 440.000243

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    Property Address    
N. Leaf River Rd
Leaf River, IL 61047
    Attached Files    
Full Land Flier (PDF)

LAND AUCTION

750 Acres MOL

(6 parcels)

Ogle County Farm Land

Saturday August 13th, 2022 / 10:00 AM

 

Land Location: , All parcels are located just to the North of Leaf River IL on N. Leaf River Rd. For more information, contact Auctioneer John Bearrows at 815-739-9150.

Auction Location: This auction will be held on off site at the River Valley Complex, Located at 605 Main Street, Leaf River IL 61047 Watch for Bearrows Real Estate & Auction signs .

Visit our web site at www.bearrows.com for further information & full color pictures, or Contact Auctioneer John Bearrows for more information.

 Auctioneers Note: These 6 parcels will be offered separately, followed by the combination of 1 & 2, 3&4, 5&6 then 3 through 6, then all tracts. There are no building or home improvements included in this auction. All announcements made day of the auction take precedence over any and all prior statements and or advertising. For further information, Contact Auctioneer John Bearrows at 815-739-9150 or E-Mail Questions to [email protected]

Parcel 1 Description: This parcel is a bare land parcel containing 119 Acres M.O.L.. Tillable Acres: TBD. PI# 131 (Estimated)Parcel 2 Description: This parcel is a bare land parcel containing 55 Acres M.O.L.. Tillable Acres: TBD Acres. PI# 114 (Estimated)(*Combined PI for parcel’s 1 & 2 = 128.6)Parcel 3 Description: This parcel is a bare land parcel containing 155 Acres M.O.L.. Tillable Acres: TBD Acres. PI# 125 (Estimated)Parcel 4 Description: This parcel is a bare land parcel containing 160 Acres M.O.L.. Tillable Acres: TBD Acres. PI# 108 (Estimated) Parcel 5 Description: This parcel is a bare land parcel containing 134 Acres M.O.L.. Tillable Acres: TBD Acres. PI# 119 (Estimated) Parcel 6 Description: This parcel is a bare land parcel containing 145 Acres M.O.L.. Tillable Acres: TBD Acres. PI# 119 (Estimated) **All acreages are estimated, seller will provide full survey with final sale price based upon surveyed acres.

TERMS: A minimum deposit of 10% of the purchase price in the form of cash, certified check, bank draft or personal check shall be made by the successful Bidder(s) on the day of a Auction, at such time, the successful Bidder(s) shall enter into purchase contract. The balance of the purchase price is due on or before October 3rd 2022, in which the Buyer(s) shall pay the balance of the purchase price in full. A copy of the purchase contract will be available for inspection prior to the auction, and at the closing desk on the day of the auction as well. POSSESSION: Buyer(s) to receive full possession upon closing for the 2023 crop year, and have access following the removal of 2022 crops.TAXES: Seller(s) pays all 2022 Taxes due in 2023, in the form of credit at closing based upon the latest available information. 2023 taxes and beyond are the responsibility of the buyer(s) No further pro-rations will be made after closing. Seller to retain Cash Rent income for 2022.

5. SURVEY & DEED: Seller(s) will provide certified survey, commitment letter of title insurance in the amount of the purchase price and stamped deed to Buyer(s) at time of closing.

 NOTE: All announcements given on the day of sale shall take precedence over any, and/or all previous advertising or descriptions. The method, order of sale and bidding increments shall be at the sole discretion of the auctioneer. This auction will be recorded.

 Bearrows Real Estate & Auction Co.

Auctioneer John Bearrows - 815-739-9150 

 Owners: Fillip Farms Limited Partnership

Attorney for the Seller’s:

Tess, Crull & Arnquist—Rochelle IL

Attorney Russell A. Crull - 815-562-8754

 

 

 

 

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