LASALLE COUNTY, IL LAND AUCTION - SHAY

LaSalle County, Illinois

The Mary Shay farm is located 3 miles south of Tonica IL, or 12 miles south of LaSalle-Peru, IL. The land is further described as being located in Section 11, T31N-R1E, Hope Township, LaSalle County, Illinois.

95.452 surveyed acres • 1 tract

Farmers & investors, take advantage of this opportunity to purchase a high class A farm with a fall 2024 closing date.

• 95.452 surveyed acres
• FSA records indicate 95.3 NHEL cropland acres
• Productivity Index (PI): 144.1 (Class A)
• Soil types include Muscatune-Buckhart, Sable, Muscatune, Flanagan-Catlin, and Catlin
• Access along the north side from N17th Rd (Spitzer Rd)

The Mary Shay farm will be sold on a price per acre basis, based on surveyed 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, November 1, 2024.

The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes, due and payable in 2024. Seller will also pay the 2024 real estate taxes due in 2025, through a credit at closing. Seller is keeping all the 2024 income. Possession at closing, subject to an existing lease that expires February 28, 2025. 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”.

PIN 30-11-204-000 - 95.44A - $6950.18