Ottawa, IL 61350 - LaSalle County

LASALLE COUNTY, IL LAND AUCTION - WILKES

Tuesday, March 4, 2025 - 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 Wilkes farm is located 7 miles northeast of Ottawa, IL, or 4 miles north of Marseilles, IL. The land is further described as being located in Section 25, T34N-R4E, Rutland Township, LaSalle County, Illinois.

SELLER

Rose A. Wilkes Trust

MANAGED BY

Kevin Haas (309) 264-7767

GENERAL INFORMATION

74.93 taxable acres 1 tract

Farmers and investors, don't miss this opportunity to purchase this well-located farm that lies close to excellent grain market outlets!

TRACT INFORMATION

74.93 taxable acres

FSA records indicate 70.04 cropland acres

Includes 0.4 CRP acres, $112.00 annual payment, expires 9-30-2031

Includes 2.1 CRP acres, $630.00 annual payment, expires 9-30-2034

Productivity Index (PI): 114.5

Soil types include Varna, Elliott, Chenoa, and Ashkum

Includes a block of timber which is an excellent wildlife habitat

Extensive drainage improvements, see website for details

Access along the south side from N31st Rd

YIELD HISTORY

Year - Corn Beans

2024 - 56

2023 - 201

2022 - 59

2021 - 160

SOIL TEST RESULTS

PH - 6.5

P - 35 #/A

K 344 #/A

REAL ESTATE TAX INFORMATION

PIN 15-25-302-000 - 74.93A - $1870.46

METHOD & TERMS

The Wilkes 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, April 4, 2025.

The seller will provide title insurance in the full amount of the purchase price and will pay all the 2024 real estate taxes due in 2025 through a credit at closing. Buyer will pay all the 2025 taxes. Possession at closing. Open lease for 2025 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.

Rose A. Wilkes Trust

Representing Attorney:

Timothy J. Creedon III

501 State St., Ottawa, IL 61350 | (815) 433-4774

Auction Manager:

Kevin Haas (309) 264-7767