Ogle County, IL Land Auction – Doctor

Virtual Calendar

Thursday, November 03, 2022 - 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

Ogle County, Illinois

The Doctor farm is located approximately 4 miles north of Dixon, IL or 9 miles southeast of Polo, IL. The farm is further described as being located in Section 12, T22N-R8E, Woosung Township and Section 7, T22N-R9E, Grand Detour Township, Ogle County, IL.

Virtual Calendar

Seller

David & Nancy Doctor

Managed By

Dale Jones (309) 299-6400

General Information

276 Acres± • 2 Tracts

Tract 1 represents mostly tillable, productive certified organic farmland and Tract 2 represents productive certified organic cropland, pasture, and wooded areas which provide excellent recreational opportunities. The Doctor farm has been certified organic by Oregon Tilth since October 24, 2018. Make plans to participate in the rare opportunity to purchase certified organic farmland at auction.

Tract Information

Tract 1 • 79.19 Acres± (Taxable Acres)

  • FSA figures should indicate approximately 66.35 cropland acres
  • Land represents productive certified organic tillable cropland
  • Oregon Tilth Certified Organic identification number: OT-028368
  • Soil types: Fayette, Senachwine, Whalan, St. Charles and Stronghurst
  • Access from the east by Lowell Park Rd.

Tract 2 • 205 Acres± (Subject to Survey)

  • FSA figures should indicate approximately 142 cropland acres
  • Land represents productive certified organic tillable cropland, pasture and wooded areas
  • Potential home sites over looking Sevenmile Branch Creek
  • Oregon Tilth Certified Organic identification number: OT-028368
  • Soil types: Lawson, Fayette, Greenbush, Birkbeck, Whalan, Martinsville and Osco
  • Access from the south from Pilgrim Rd. via an easement access

Method & Terms

Tract 1 will be sold on a price per acre basis, based on taxable acres. Tract 2 will be sold on a price per acre basis, based on a soon to be completed survey. Both tracts will be sold through the marketing method of “Buyers Choice,” whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will be offered. The tracts will NOT be offered in their entirety at the conclusion of the auction.

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 December 5th, 2022. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for the 2023 and all subsequent real estate taxes. Possession will be given at the time of closing, subject to any remaining crop tenancy 2022. Seller is retaining all the 2022 farm income. The farm sells free & clear of crop tenancy for the 2023 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, LLC pertaining to this property. Real estate is being sold “AS IS”.

Plat Map

Aerial Map

SOIL MAPS

FSA Information

Organic Certification

Soil Tests

Subject Photos

David & Nancy Doctor - Seller

 

Representing Attorney: 

Michael Guilfoyle  |  Guilfoyle & Stevenson LLP

1316 Meriden St  |  Mendota, IL 61342  |  (815) 539-6711

 

Auction Manager:

Dale Jones (309) 299-6400