Mcnabb, IL 61335 - Putnam County

Wednesday, June 28, 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

LOCATION

LaSalle County, Illinois

The Boers farm is located 3 miles northeast of McNabb or 10 miles south of Peru. The farm is further described as being located in Section 6, T31N-R1E, Hope Township, LaSalle County, Illinois.

SELLER

Boers Farm

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

98.35 Taxable Acres 1 Tract

The tract represents highly productive, 100% tillable, Class A farmland.

TRACT INFORMATION

FSA records indicate 99.63 NHEL cropland acres

Productivity Index (PI): 142.9 (Class A)

Soil types include Sable, Muscatune, Osco, and Spaulding

Access along the north side from N18th Rd. and along the east side from E 1st Rd.

METHOD & TERMS

The Boers Farm will be sold on a price per acre basis, based on 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 November 1, 2023.

The seller will provide title insurance in the full amount of the purchase price. Seller will receive all the 2023 cash rent income and will pay all the 2023 real estate taxes, due and payable in 2024, through a credit at closing. Open lease for 2024 crop year and beyond. Possession at closing, subject to an existing cash rent lease 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.