Lee County, IL Land Auction – Atherton

Monday, November 22, 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

SOLD!

$10,900 PER ACRE

TOTAL – $789,378.00

Location

Lee County, Illinois

The Atherton Trust No. 101 real estate is located 1-mile south of Paw Paw, IL, or 13 miles northeast of Mendota, IL, or 25 miles west of Sandwich, IL. The land is further described as being located in part of Sections 14, 15, 22 & 23, T37N•R2E, Wyoming Township, Lee County, IL.

Seller

Atherton Trust No. 101

Ronald Atherton, Trustee

Ronald Atherton
Karen Moore
Roger Atherton

Managed By

Kevin Haas (309) 264-7767

General Information

72.42± Taxable Acres • 1 Tract

The farm contains a total of 72.42 taxable acres, will be sold in 1-tract and is nearly all-tillable, productive farmland. Farmers and investors, be sure to check out this attractive parcel of NHEL farmland.

Tract Information

  • FSA records indicate 71.67 NHEL cropland acres
  • Soil Productivity Index (PI): 126
  • Soil types include Saybrook, Catlin and Wyanet
  • Road access along the west side from Earlville Rd and along the north side from S Paw Paw Rd
  • A nearly all-tillable and productive grain farm

Method & Terms

The Atherton Trust No. 101 farm will be sold by the acre on the basis of 72.42 taxable 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 22, 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, by giving a credit to the buyer at closing based on the most recent tax information. 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 any remaining 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”.

Aerial Tour

FSA Information

Real Estate Tax Information

PIN 22-18-14-300-011
72.42 acres
$2169.28

Plat Map

Aerial Map

SOIL MAP

Photos

Atherton Trust No. 101

Ronald Atherton, Trustee

Ronald Atherton
Karen Moore
Roger Atherton

 

Representing Attorney:

John L. Cantlin

The Cantlin Law Firm

760 E. Etna Road

Ottawa, IL 61350

(815) 433-4712

 

Auction Manager:

Kevin Haas (309) 264-7767