LaSalle County, Illinois Land Auction – Stremlau

Thursday, December 15, 2022 - 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

Location

LaSalle County, Illinois

The Stremlau farm is located approximately 3 miles southwest of Mendota, IL, or 15 miles north of Peru, IL. The land is further described as being located in Section 8, T35N-R1E, Troy Grove Township, LaSalle, IL.

Seller

Francile Stremlau Trust

Managed By

Kevin Haas (309) 264-7767

General Information

48 Surveyed Acres • 1 Tract

The property contains a total of 48 Surveyed Acres, will be sold in 1 tract, and represents highly productive Class A farmland with a 143.5 PI.

Farmers and investors, be sure to check out this Class A farm in LaSalle County, Illinois.

Tract Information

  • 48 Surveyed Acres
  • FSA map should indicate approximately 47 NHEL cropland acres (split field)
  • Productivity Index (PI): 143.5 (Class A)
  • Soil types include Muscatune-Buckhart, Sable, Osco and Plano
  • Access along the north side from N41st Rd and along the west side from E1st Rd (Donlar Ave)

Method & Terms

The real estate will be sold on a price per acre basis, based on a survey that is currently underway.

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 13, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 taxes, due and payable in 2023. Buyer will be responsible for all subsequent real estate taxes. Possession will be given at closing subject to the current tenancy for the 2022 crop year only. Open 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”.

Aerial Tour

Survey

REAL ESTATE TAX INFORMATION

PIN 06-08-106-000 - 48.0A - $2395.46

FSA INFORMATION

Please Note:  This FSA information includes acres that are not included in the auction.

Plat Map

Aerial Map

SOIL MAP

Subject Photos

Francile Stremlau Trust

 

Representing Attorney:

Michael S. Guilfoyle | Guilfoyle & Stevenson LLP

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

michael@guilfoyleandstevenson.com

 

Auction Manager:

Kevin Haas (309) 264-7767