Auction Information
Online Bidding SiteWILL COUNTY, IL LAND AUCTION - O'CONNOR & RUANE
Monday, November 27, 2023 - 2:00 PM 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
Will County, Illinois
The OConnor & Ruane farm is located 1 mile east of Peotone, IL or 16 miles north/northeast of Kankakee, IL. The land is further described as being located in Section 17 T33-R13E, Will Township, Will County, Illinois.
SELLER
O'Connor & Ruane Farm
MANAGED BY
Kevin Haas (309) 264-7767
GENERAL INFORMATION
156.97 taxable acres 1 tract
Farmers & investors, dont miss this opportunity to purchase a well-located, productive farm that lies in an area with future development potential.
TRACT INFORMATION
156.97 taxable acres
FSA records indicate 152.9 NHEL cropland acres
Productivity Index (PI): 128.3
Soil types include Pella, Elliott, Jasper, Varna, and Ashkum
This farm was ...
This farm was featured in the filming of the movie, Road to Perdition
Excellent building site location that features many mature trees and a beautiful view of the farm and surrounding area
Access along the south side from Peotone-Beecher Rd and along the west side from S Ridgeland Ave
REAL ESTATE TAX INFORMATION
PIN 20-21-17-300-002-0000 - 156.97A - $4880.98
Includes $106.92 drainage district tax
METHOD & TERMS
The OConnor & Ruane 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 Friday, December 29, 2023.
The seller will provide title insurance in the full amount of the purchase price 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 existing 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.
O'Connor & Ruane Farm
Representing Attorney:
Michael S. Guilfoyle | Guilfoyle & Stevenson LLP
1316 Meriden St., Mendota, IL 61342 | (815) 539-6711
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
Will County, Illinois
The OConnor & Ruane farm is located 1 mile east of Peotone, IL or 16 miles north/northeast of Kankakee, IL. The land is further described as being located in Section 17 T33-R13E, Will Township, Will County, Illinois.