LASALLE COUNTY, IL LAND AUCTION – GUSTAFSON

Thursday, February 02, 2023 - 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

(844) 847-2161

How to participate in a Virtual Online Auction

SOLD!

$15,100 PER ACRE

TOTAL – $1,161,341.00:

LOCATION

LaSalle County, Illinois

The Gustafson farm is located approximately 3 miles southeast of Wenona, Illinois or 17 miles southwest of Streator, Illinois and is further described as being located in Section 32, T30N-R2E, Osage Township, LaSalle County, Illinois.

SELLER

Gustafson Farms of Illinois LLC Helen Barrick Co-manager Roy Gustafson Co-manager

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

76.91 Taxable Acres± • 1 Tract

The real estate contains a total of 76.91 taxable acres, will be sold in 1 tract and represents productive tillable cropland.

AUCTION BROCHURE

VIEW INTERACTIVE AUCTION BROCHURE

INTERNET BIDDING CATALOGS

CLICK HERE FOR INTERNET BIDDING AND IMPORTANT DOCUMENTS

TRACT INFORMATION

FSA map indicates 74.42 NHEL cropland acres
Productivity Index (PI): 132.1
Soil types include Rutland and Streator
Access along the west side from E 7th St and along the south side from N 6th Rd.

METHOD & TERMS

The Gustafson farm will be sold on a price per acre basis, based on 76.91 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 Thursday, March 2, 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 will be responsible for 2023 and all subsequent taxes. Possession will be given at the time of closing, subject to any remaining crop tenancy for the 2022 crop year only. The property sells free and clear of tenancy for 2023 and beyond.

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”.