LaSalle & Lee County, IL Land Auction – Doughty

Thursday, December 15, 2022 - 11:00 am 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

LaSalle & Lee County, Illinois

Tracts 1-6 & 8 of the Doughty farm are located approximately 3 miles southeast of Meriden, IL, or approximately 6 miles east of Mendota, IL. The farms are further described as being located in Sections 20, 21, 29, 33 & 36, T36N-R2E, Meriden Township and Section 11, T35N-R2E, Ophir Township, both in LaSalle County, Illinois. Tract 7 is located approximately 4 miles southwest of Compton, IL, or 8 miles north of Mendota, IL. The farm is further described as being located in Section 20, T37N-R1E, Brooklyn Township, Lee County, IL.

Seller

J. Edward Doughty Farms
Mary Mauch, Trustee

Managed By

Kevin Haas (309) 264-7767

General Information

620.38 Acres± (subject to survey) • 8 Tracts

Tract 1 represents highly productive tillable cropland and is improved with a well maintained RLA private runway. Tracts 2-7 represent highly productive farmland with Class A soils. Tract 8 offers 2 beautiful ranch homes, 3 airplane hangars and several buildings all situated on 4.5 acres in Mendota School District.

Farmers and investors, be sure to check out this LaSalle and Lee County, Illinois farm.

Inspection

Tract 8 Open House Dates:
Thursday, December 1 • 3:00 PM – 5:00 PM
Saturday, December 3 • 9:00 AM – 11:00 AM

Physical Address: 823 E US Hwy 34, Earlville, IL 60518

Tract Information

Tract 1 – 108 Acres+/- (Subject to Survey)

  • FSA map indicates approximately 108.84 NHEL cropland acres (split field)
  • Productivity Index (PI): 143.5 (Class A)
  • Soil types include Muscatune-Buckhart, Sable, Muscatune and Harpster
  • Features 2,650 ft long RLA (Restricted Landing Area) – private runway
    • Unobstructed at both ends
    • Wired for lighting (not currently operational)
    • East to west orientation
    • Option of extending runway to 1 mile long if Tract 2 is also purchased
    • 40 years old with beautiful established grass
    • Unique private runway estate – 4 generations have flown here – open the hangar doors and fly
    • Location: 5.0/260°
      • Latitude: 4° 34.19’
      • Longitude: 89° 00.48’
    • LaSalle County Airport Hazard Zoning Amendment protects surrounding airspace necessary for safe 500 foot pattern on both sides and the approach/take-off space at both ends
  • Access along the south side from US Hwy 34

Tract 2 – 78.17 Acres+/- (Subject to Survey)

  • FSA map indicates 76.40 NHEL cropland acres
  • Productivity Index (PI): 141.6 (Class A)
  • Soil types include Sable, Osco, Muscatune-Buckhart, Plano, Muscatune and Harpster
  • Access along the south side from US Hwy 34

Tract 3 – 152.72 Acres+/- (Subject to Survey)

  • FSA map indicates 144.84 total cropland acres of which 118.66 are NHEL and 26.18 are HEL.
  • Productivity Index (PI): 132.7
  • Soil types include Catlin, Muscatune-Buckhart, Drummer and Sable
  • A bridge provides access to the back portion of this tract
  • Access along the south side from N 43rd Rd

Tract 4 – 76.67 Acres+/- (Subject to Survey)

  • FSA map indicates 71.70 NHEL cropland acres
  • Productivity Index (PI): 140.2 (Class A)
  • Soil types include Drummer, Catlin and Muscatune Buckhart
  • Vermilion Creek runs along the entire south border providing an excellent drainage outlet
  • Access along the north side from N 43rd Rd and along the east side from E 9th Rd

Tract 5 – 44.52 Acres+/- (Subject to Survey)

  • FSA map indicates 43.51 NHEL cropland acres
  • Productivity Index (PI): 142.4 (Class A)
  • Soil types include Drummer, Muscatune, Muscatune-Buckhart, Catlin, Plano and Peotone
  • Access along the NW side from E 1101st Rd

Tract 6 – 40.0 Acres+/- (Subject to Survey)

  • FSA map indicates 37.45 NHEL cropland acres
  • Productivity Index (PI): 135.8 (Class A)
  • Soil types include Catlin and Drummer
  • Access along the west side from E 10th Rd and along the north side from N 41st Rd

Tract 7 – 115.80 Acres+/- (Subject to Survey)

  • FSA map indicates approximately 112 NHEL cropland acres
  • Productivity Index (PI): 138.4 (Class A)
  • Soil types include Catlin, Muscatune, Sable, Flanagan and Elpaso
  • Access along the south side from Tower Rd and along the east side from St Rt 251

Tract 8 – 4.5 Acres+/- (Subject to Survey)

  • Features 2 houses
    • Full Brick Home
      • Built in 1980
      • Custom built and hand crafted with top quality materials for low maintenance
      • Anderson triple pane windows
      • 3-bedroom, 2 bathrooms
      • Full basement
      • 2-car garage
      • 2,300 sq. ft.
      • Stand-by generator
      • 40-year roof installed 10-15 years ago
      • Newer central air conditioner
      • High energy efficiency home
      • Brick fireplace with circulating air
      • 3 heating options
        • Wood stove
        • Corn Pellet stove
        • Electric Heat
      • Deep well and septic tank
      • Electric water heater
      • Washer, electric dryer, refrigerator, deep freezer and dishwasher convey
    • Original Farmhouse
      • Suitable for a rental, office, etc.
      • 2-bedroom, 1 full bathroom
      • Newer roof approximately 10 years ago
      • Remodeled and insulated for high efficiency
      • Individual well and septic tank
      • Basement with outside entry
      • Propane heat with newer furnace
      • Electric water heater
      • Washer and electric dryer
  • Additional Features
    • 72’ x 60’ pole building
    • (2) – 64’ x 46’ pole buildings
      • One building features full north side bi-fold overhead door for airplanes
    • Barn with airplane hangar lean-to
      • Heated shop
      • High entry door with garage door opener
      • Automobile lift
      • Generous work benches and space
      • Ample amount of storage
      • Built in air compressor and extended into airplane hangar/tool shed
    • Crib with airplane hangar lean-to
    • Easily store 9 airplanes – 3 easy front in and out with ample room for many more tie-downs
    • Underground electrical wiring

Method & Terms

Tracts 1-7 will be sold on a price per acre basis, based on the soon to be completed surveyed acres and Tract 8 will sell for a lump sum dollar amount. Tracts 1 - 7  will be offered through the marketing method of “Buyers Choice,” whereas the high bidder can elect any or all tracts (in any order) for their high bid. If the high bidder does not elect all of the tracts then the remaining tract(s) will be offered and this will continue until all of the tracts have been elected. Tract 8 will be sold individually for a lump sum dollar amount. The tracts will NOT be offered together or in their entirety at any time.

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 January 31, 2023. 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 is responsible for the 2023 and all subsequent RE taxes. Possession will be given at the time of closing, subject to the 2022 crop year tenancy, if any. The land sells free and clear of any tenancy for 2023.

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” and subject to sellers confirmation.

Aerial Tour

REAL ESTATE TAX INFORMATION

Tracts 1 & 8
PIN 02-21-306-000 - 72.18A - $11,329.84
PIN 02-21-305-000 - 40.25A - $2622.58 - includes drainage tax
Tract 2
PIN 02-20-401-000 - 78.17A - $4087.04 - includes drainage tax
Tract 3
PIN 02-29-406-000 - 75.47A - $2901.12 - includes drainage tax
PIN 02-29-400-000 - 77.25A - $2814.36 - includes drainage tax
Tract 4
PIN 02-33-207-000 - 60.0A - $3045.24 - includes drainage tax
PIN 02-33-211-000 - 16.67A - $794.36
Tract 5
PIN 02-36-105-000 - 4.52A - $165.54
PIN 02-36-102-000 - 40.0A - $2637.50
Tract 6
PIN 07-11-100-000 - 40.0A - $1674.04 - includes drainage tax
Tract 7
PIN 05-17-20-400-009 - 111.8A - $4615.90
PIN 05-17-20-400-007 - 4.0A - $205.32

FSA INFORMATION

Note:  The FSA aerial photo for Farm 5659 does not show all the acres that are being sold as Tract 7.

Plat Map

Aerial Map

SOIL MAP

Tracts 1 - 7 Photos

Tract 8 Photos

J. Edward Doughty Farms

Mary Mauch, Trustee

 

Representing Attorney:

John Cantlin  |  The Cantlin Law Firm

760 E Etna RD, Ottawa, IL 61350  | (815) 433-4712

 

Auction Manager:

Kevin Haas (309) 264-7767