Auction Information
Online Bidding SiteLASALLE COUNTY, IL LAND AUCTION - SALE
Tuesday, October 10, 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 Jean Sale Trust/Rettko farm is located 1.5 miles northeast of Triumph, IL or 7 miles southeast of Mendota. The farm is further described as being located in Section 16, T35N-R2E, Ophir Township, LaSalle County, Illinois.
SELLER
Jean Sale Trust/Rettko
MANAGED BY
Kevin Haas (309) 264-7767
GENERAL INFORMATION
79.65 Taxable Acres 1 Tract
The property consists of 79.65 taxable acres, will be sold in 1 tract, and represents highly productive Class A soil. Farmers and investors, be sure to check out this ideally located Class A farm.
TRACT INFORMATION
FSA records indicate 77.98 NHEL cropland acres
Productivity Index (PI): 142.6 (Class A)
Soil types include Blackb...
Soil types include Blackberry, Elburn, and Drummer
Tomahawk Creek runs along the southeast portion of the farm, providing an excellent drainage outlet
Older corn crib sits on the northeast corner of the farm
Access along the north side N40th Rd
METHOD & TERMS
The Jean Sale Trust/Rettko 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 10, 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, based on 2022 taxes. 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.
Jean Sale Trust/Rettko
Representing Attorney:
Herbolsheimer, Duncan, Eiten, Hintz & Klinefelter, P.C. | John Duncan
654 First Street Suite 400, LaSalle, Illinois 61301 | (815) 223-0111
Auction Manager:
Kevin Haas (309) 264-7767
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections
The Jean Sale Trust/Rettko farm is located 1.5 miles northeast of Triumph, IL or 7 miles southeast of Mendota. The farm is further described as being located in Section 16, T35N-R2E, Ophir Township, LaSalle County, Illinois.