Ottawa, IL 61350 - LaSalle County

LOCATION

LaSalle County, Illinois

Land is located 9 miles northeast of Ottawa, IL, or 20 miles northwest of Morris, IL. Tract 1 is located in Section 12, T34N-R4E, Rutland Township and Tract 2 is located in Section 7, T34N-R5E, Miller Township, LaSalle County, Illinois.

SELLER

Sampson - Thornbury Farm LLC

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

166.85 taxable acres 2 tracts

Represents productive, tillable farmland with conservation practices in place. Tract 2 includes a Morton building with living quarters that make it a must see!

TRACT INFORMATION

Tract 1 46.22 taxable acres

FSA records should indicate 45 cropland acres (split field)

Productivity Index (PI): 106.6

Soil type includes Frankfort, Harvard, and Bryce

Access along the north side from N35th Rd

Tract 2 120.63 taxable acres

FSA records should indicate 115.12 cropland acres (split field)

Includes 2.6 CRP acres, $883.00 annual payment, expires 9/30/2026

Productivity Index (PI): 105.1

Soil types include Frankfort, Bryce, Streator, and Harvard

36 x 48 Morton building with living quarters

Shop area has concrete floor with drain, insulated and finished

Living quarters measure 15 x 36

1 bedroom, 1 bathroom with shower

Partial kitchen/living room area

Baseboard heat & window AC unit

Water softener

Access along the north side from N35th Rd and along the south side from Rt 71

METHOD & TERMS

The Sampson-Thornbury farm will be sold on a price per acre basis, based on taxable acres. The tracts will be offered through the marketing method of Buyers Choice, whereas the high bidder can elect any of the tracts for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract will continue to be offered Buyers Choice until both tracts have been elected. 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 Tuesday, December 2, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay the 2025 taxes due in 2026 through a credit at closing based on the best available information. Buyer will pay all the 2026 taxes and beyond. Possession at closing. Open lease for the 2026 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 pertaining to this property. Real estate is being sold AS IS.

REAL ESTATE TAX INFORMATION

Tract 1

PIN 15-12-206-000 - 32.0A - $765.22

PIN 15-12-207-000 - 8.0A - $167.14

PIN 15-12-208-000 - 6.22A - $186.58

Tract 2

PIN 16-07-101-000 - 50.0A - $980.06

PIN 16-07-103-000 - 70.63A - $1969.44

Representing Attorney

Joseph H. Cantlin | Cantlin Law Firm

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

Auction Manager:

Kevin Haas (309) 264-7767