Auction Information
LASALLE COUNTY, IL LAND AUCTION - WILKES
Sullivan Auctioneers, LLC
Tuesday, March 4, 2025 - 10:00 AM Central
Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at
LOCATION
LaSalle County, Illinois
The Wilkes farm is located 7 miles northeast of Ottawa, IL, or 4 miles north of Marseilles, IL. The land is further described as being located in Section 25, T34N-R4E, Rutland Township, LaSalle County, Illinois.
SELLER
Rose A. Wilkes Trust
MANAGED BY
Kevin Haas (309) 264-7767
GENERAL INFORMATION
74.93 taxable acres± • 1 tract
Farmers and investors, don't miss this opportunity to purchase this well-located farm that lies close to excellent grain market outlets!
AUCTION BROCHURE
TRACT INFORMATION
- 74.93 taxable acres
- FSA records indicate 70.04 cropland acres
- Includes 0.4 CRP acres, $112.00 annual payment, expires 9-30-2031
- Includes 2.1 CRP acres, $630.00 annual payment, expires 9-30-2034
- Productivity Index (PI): 114.5
- Soil types include Varna, Elliott, Chenoa, and Ashkum
- Includes a block of timber which is an excellent wildlife habitat
- Extensive drainage improvements, see website for details
- Access along the south side from N31st Rd
METHOD & TERMS
The Wilkes farm will be sold on a price per acre basis, 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 Friday, April 4, 2025.
The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 real estate taxes due in 2025 through a credit at closing. Buyer will pay all the 2025 taxes. 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 pertaining to this property. Real estate is being sold “AS IS”.
YIELD HISTORY
| Year - | Corn | Beans |
|---|---|---|
| 2024 - | 56 | |
| 2023 - | 201 | |
| 2022 - | 59 | |
| 2021 - | 160 |
SOIL TEST RESULTS
- PH - 6.5
- P - 35 #/A
- K 344 #/A
REAL ESTATE TAX INFORMATION
PIN 15-25-302-000 - 74.93A - $1870.46
PLAT MAP
AERIAL MAP
SOIL MAP
SUBJECT PHOTOS
Rose A. Wilkes Trust
Representing Attorney:
Timothy J. Creedon III
501 State St., Ottawa, IL 61350 | (815) 433-4774
Auction Manager:
Kevin Haas (309) 264-7767
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