Auction Information
Online Bidding SiteLASALLE COUNTY, IL LAND AUCTION - KERRY
Thursday, June 27, 2024 - 11:00 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 Kerry farm is located 8 miles northwest of Wenona, IL or 12 miles south of Peru, IL. The farm is further described as being located in Section 16, T31N-R1E, Hope Township, LaSalle County, Illinois.
SELLER
Norman Kerry
MANAGED BY
Kevin Haas (309) 264-7767
GENERAL INFORMATION
40 acres (subject to survey) 1 tract
Farmers & investors, take advantage of this opportunity to purchase a well-located farm with the buyer receiving 100% of the 2024 crop income!
Potential Wind Energy Income! Contact auction manager for details.
TRACT INFORMATION
40.0 acres (subject to survey)
FSA records indicate 42.45 NHEL cropland acres
Productivity Index (PI): 131.5
Soil types incl...
Soil types include Catlin and Elpaso
Balance of the farm is a corn crib, old building site, grass lane, and waterways
Buyer receives 100% of the 2024 farm income
Access along the north side from N16th Rd
REAL ESTATE TAX INFORMATION
PIN 30-16-105-000 - 40.0 acres - $1,727.64
METHOD & TERMS
The Kerry farm will be sold on a price per acre basis, based on surveyed 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 Friday, July 26, 2024.
The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes, due and payable in 2024. Buyer will pay the 2024 real estate taxes due in 2025. The farm is being custom farmed; the buyer will receive all of the 2024 crop. Buyer will reimburse the seller for all 2024 crop inputs and all of the 2024 custom farming machinery and labor expense. Open lease for 2025 crop year. Possession at closing, subject to existing custom farming arrangement for the 2024 crop year only.
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, a BigIron company, pertaining to this property. Real estate is being sold AS IS.
Norman Kerry
Representing Attorney:
Brave Law Center PC
120 S Main St., Eureka, IL 61530 | (309) 467-3711
Auction Manager:
Kevin Haas (309) 264-7767
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LaSalle County, Illinois
The Kerry farm is located 8 miles northwest of Wenona, IL or 12 miles south of Peru, IL. The farm is further described as being located in Section 16, T31N-R1E, Hope Township, LaSalle County, Illinois.