Name Farm Land Auction - 111 Acres (3 Tracts) in Kankakee Co, IL
Auctioneer Richard A. Olson & Associates, Inc
Date(s) 11/14/2017
Tuesday, November 14, 2017 at 10:00 a.m.
Location Grant Park Community Center 209 W Dixie Hwy
Grant Park, IL 60940
Buyer Premium No Buyer's Premium
Description
FARM LAND AUCTION 111 ACRES - 3 TRACTS - SEC 12 - YELLOWHEAD TWP - KANKAKEE CO Tuesday, November 14, 2017 at 10:00 a.m. Auction Location: Grant Park Community Center, 209 W Dixie Hwy, Grant Park, IL 60940 Farm(s) Location: From Grant Park, head East on Taylor St 1 mile to IL-1, then North 2¼ miles to E 10500N Road, then East 3.5 miles to Tracts 1 and 2. Continue another ¼ mile to N 16750E Road and head South ½ mile to Tract 3 on the East side of the road. Click for Map Tract 1 - 32 Ac Tract 2 - 38 Ac Tract 3 - 40 Ac Tracts offered as “CHOICE” No Tract combinations will be offered. DOWNLOAD the following information at www.richardaolson.com: Flyer - Aerial Maps - Soil Maps - Topography Maps - FSA Info - Tax Info - Tax Maps Owner(s): Richard & Amy Herz -------------------- Tract 1 – 33 Acres Legal Description: Part of the SW ¼ of the NE ¼ of Sec 12 Farm Location: From Grant Park, head East on Taylor St 1 mile to IL-1, then North 2¼ miles to E 10500N Road, then East 3.5 miles to Tracts 1 and 2. PIN#: 01-04-12-200-008 2016 Taxes approximately = $430.24 ($13.04/ac) 30.5 Tillable Acres Soil Description: Markham, Ashkum, Andres and Elliott Overall Crop Productivity: 118.6 Corn: 160.3 Soybeans: 52.3 Wheat: 62.7 -------------------- Tract 2 – 38 Acres Legal Description: Part of the NW ¼ of the SE ¼ of Sec 12 Farm Location: From Grant Park, head East on Taylor St 1 mile to IL-1, then North 2¼ miles to E 10500N Road, then East 3.5 miles to Tracts 1 and 2. PIN#: 01-04-12-400-006 2016 Taxes = $495.43 ($13.04/ac) 37.8 Tillable Acres Soil Description: Markham, Ozaukee, Ashkum and Elliott Overall Crop Productivity: 111.8 Corn: 151.6 Soybeans: 48.9 Wheat: 59.9 -------------------- Tract 3 – 40 Acres Legal Description: SE ¼ of the SE ¼ of Sec 12 Farm Location: From Grant Park, head East on Taylor St 1 mile to IL-1, then North 2¼ miles to E 10500N Road, then East 3.5 miles to Tracts 1 and 2. Continue another ¼ mile to N 16750E Road and head South ½ mile to Tract 3 on the East side of the road. PIN#: 01-04-12-400-005 2016 Taxes = $515.13 ($12.88/ac) 38 Tillable Acres Soil Description: Ozaukee, Markham, Sawmill, Ashkum and Darroch Overall Crop Productivity: 111.9 Corn: 152.6 Soybeans: 48.6 Wheat: 59.8 Directions to Grant Park Community Center: Directions from Momence: (approx 7 mins) Head North 5¾ miles on IL-1/IL-17 to Grant Park. Directions from Beecher: (approx 10 mins) Head South 7 miles on IL-1, then right 1¼ miles on IL-1/IL-17 to Grant Park. Directions from Peotone: (approx 15 mins) Head South 2.5 miles on Drecksler Rd, then left 3¼ miles onto County Line Rd (E 12000N Rd) to N 8000E Rd, turn right and continue 4 miles to E 8000N Rd, head East on E 8000N Rd 3 miles into Grant Park. Directions from Kankakee: (approx 25 mins) From I-57 & IL-17, head East on IL-17 3½ miles to Hwy-44, turn left and continue 4 miles to E 4000N Rd, turn right and head East 5½ miles to IL-1/IL-17, continue North 4¾ miles into Grant Park. Directions from Crown Point, IN: (approx 40 mins) Head West on US-231 for approx 5 miles to US-41, then South 11¾ miles to IN-2 W, turn right and continue 3½ miles, entering Illinois highway becomes IL-17 and continue another 7¼ miles to Grant Park. Directions from Morris: (approx 1 hr) Head South of Morris 1 mile on IL-47 to Pine Bluff Rd, then East 12 miles to I-55 North, take I-55 to first exit 241 River Rd, continue River Rd 3¾ miles to IL-53, turn right onto IL-53 to first stop light, turn left onto Peotone Rd for 13 miles to US-45, then South 2 miles to County Line Rd (N1200E Rd), turn left and continue 8¼ miles to N 8000E Rd, turn right and continue 4 miles to E 8000N Rd, head East on E 8000N Rd 3 miles into Grant Park.
Auction Terms: The Seller shall provide a clear title & survey to the Real Estate subject to any and all easements recorded at time of sale. The successful bidder will be required to enter into a sales contract on day of sale and deposit 10% earnest money to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. The Seller will retain the right to harvest the 2017 crop and will retain 100% of the 2017 farm income. Buyer will receive a credit at closing for the 2017 taxes due in 2018. The farm lease will be open for the 2018 crop year. Closing on or before December 14, 2017.
Currency USD
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