Saturday, November 14, 2020 at 11:00 AM
400+/- Acres – Four Adjacent Tracts
Willow Creek Township – Lee County, IL
Property Location: 3900 Howlett Rd, Paw Paw, IL
Property Directions: 5 miles northeast of Paw Paw near the corner of Howlett Rd & County Line Rd.
Auction Location: VFW Post #540, 1560 IL-38, Dixon, IL 61021
TRACT 1: 125+/- Acres
TRACT 2: 80+/- Acres
TRACT 3: 95+/- Acres
TRACT 4: 100+/- Acres
All Tracts will be offered as “CHOICE”
Overall Crop Productivity Index = 139.0
FSA Effective Cropland Acres = 123.32
TRACT 2 = 80+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map
TRACT 3 = 95+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map
TRACT 4 = 100+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map
Overall Crop Productivity Index = 135.7
FSA Effective Cropland Acres = 262.30
All boundary lines shown on maps are approximate. Surveys have been ordered and will be available on the website once they are complete.
AUCTION TERMS: The Seller shall provide a clear title & existing survey to the Real Estate subject to any and all easements recorded at time of sale. Seller reserves the right to accept or reject any or all bids. The successful bidder will be required to enter into a sales contract on day of sale and deposit $75,000 earnest money (per tract) to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. It is NOT CONTINGENT on getting financing. Earnest money is NON-REFUNDABLE. Buyer will receive a credit at closing for the 2020 taxes due in 2021. The farm lease will be open for the 2021 crop year. Closing on or before December 14, 2020.
Owners: Kathleen Tryner and Elizabeth Mager
Seller’s Attorney: Don Black
Black & Black Law Firm
201 Liberty St, Suite #211
Morris, IL 60450 – 815-942-0594
Auction conducted by Richard A. Olson & Associates, Inc.
Dick Olson – IL License #440.000585
Erik Olson – IL License #441.001909
531 Bedford Rd, Morris, IL 60450