| Description |
Property Approximate Location: 2765 N 23rd Rd, Seneca, IL 61360.
Directions: 1 mile South of Seneca on IL-170 to N 2350th Rd, then West 1.5 miles. Borders the LaSalle Clean Energy Cooling Lake.
PIN: 29-03-405-000
Part of SE ¼ of Sec 3 - Brookfield Twp - LaSalle Co, IL
Legal Description: W 100 AC SE1/4 EX 1.681 AC SOLD.
Long Legal Description: THE WEST 100 ACRES OF THE SOUTHEAST 1/4 OF SECTION 3, TOWNSHIP 32 NORTH, RANGE 5 EAST OF THE THIRD PRINCIPAL MERIDIAN, IN LASALLE COUNTY, ILLINOIS, EXCEPT THE FOLLOWING DESCRIBED TRACT: COMMENCING AT THE SOUTHWEST CORNER OF SAID SOUTHEAST 1/4, THENCE 66 DEGREES 24 MINUTES 30 SECONDS EAST 1,546.50 FEET TO A POINT IN THE CENTERLINE OF A PUBLIC ROAD, AND THE POINT OF BEGINNING; THENCE NORTH 73 DEGREES 50 MINUTES 52 SECONDS EAST 271.52 FEET TO A POINT IN THE CENTERLINE OF SAID PUBLIC ROAD AND ON THE EAST LINE OF THE WEST 100 ACRES; THENCE SOUTH ALONG THE EAST LINE OF THE WEST 100 ACRES 318.25 FEET; THENCE WEST 260.80 FEET; THENCE NORTH 243.40 FEET TO THE POINT OF BEGINNING; ALL SITUATED IN LASALLE COUNTY, ILLINOIS.
2023 Taxes: $1,335.22
Tax Districts: ALLEN-BROOKFIELD, BROOKFIELD TWP, BROOKFIELD TWP ROAD, COUNTY, IVCC J513, SENECA G#170, SENECA H#160, SENECA LIBRARY, SOUTH PRAIRIE PARK DIST.
N 23rd Rd crosses the bottom of the tract.
0 to 6 percent slope.
Crop Productivity Index: 103.4.
Soils:
Frankfort Silt Loam, 73 AC
Swygert Silty Clay, 21 AC
Bryce Silty Clay, 4 AC
$50,000 EM, close by Monday, December 16, 2024.
Sellers: Hausken Family Farm LLC
Seller’s Attorney:
Jack Cantlin
Cantlin Law Firm
760 E Etna Rd
Ottawa, IL 61350
jack@cantlinlaw.com
(815) 433-4712
Auction Terms:
Announcements: Information provided herein was obtained from sources deemed reliable, but neither Richard A. Olson & Associates, Inc nor the Seller makes any guarantees or warranties as to its accuracy. All potential bidders are urged to inspect the property, its condition, and to rely on their own conclusions. All maps, dimensions, and acreage figures are approximate or “more or less”. Any announcements made on auction day by Richard A. Olson & Associates, Inc will take precedence over any previous printed materials or oral statements.
Agency: Richard A. Olson & Associates Inc and its representatives are acting as Agents of the Seller.
Farm Lease: The farm lease will be terminated at the end of 2024 after Seller’s approval. The Seller retains Landlord’s share of the 2024 crops and shall pay Landlord’s share of the 2024 crop expenses.
Taxes: 2024 Real Estate Taxes (due in 2025) will be credited to the Buyer(s) at closing based upon the 2023 tax bill. All future taxes will be the responsibility of the Buyer(s).
Conditions: This sale is subject to all easements, covenants, restrictions of record, and leases. Each Bidder is responsible for conducting, at their own risk, their own inspections, inquiries, and due diligence concerning the property. All property is sold on an “AS IS-WHERE IS” basis with no warranties or guarantees, either expressed or implied, by the Seller or Richard A. Olson & Associates, Inc.
Survey: No survey will be conducted or provided to the Buyer.
Contract and Title: Immediately upon conclusion of the auction, the high bidder(s) will enter into a Seller’s real estate contract which provides all the terms and conditions. The Seller will provide title commitment in the amount of the contract price. Sale is not contingent upon Buyer(s) financing.
Down Payment/Non-Refundable Earnest Money: The successful bidder(s) will be required to deposit $50,000 earnest money to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. The down payment may be made in the form of cashier’s check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
Closing: The closing shall take place thirty (30) days after November 14, 2024, or as soon thereafter as applicable closing documents are completed. The anticipated closing date is on or before December 16, 2024. The balance of the purchase price must be paid by wire transfer to account of settlement agent.
Possession: Possession will be granted on closing date.
Sale Method: The real estate will be offered on a per acre basis for 98.32 taxable acres. Bidding increments are solely at the discretion of the Auctioneer. No absentee or telephone bids will be accepted without prior approval of Richard A. Olson & Associates, Inc and Seller. Link to Internet Bidding: richardaolson.hibid.com. A 0.1% Buyer’s Premium applies to ONLINE bids only and will be added to the final bid. There is no Buyer’s Premium to in-person (live) bidders.
Disclaimer: All decisions of the Auctioneer are final. Neither the Auctioneer nor the online bidding software and service provider shall be held responsible for a missed bid or the failure of the software to function properly for any reason.
Approval of Bids: Final sale is subject to the Seller’s approval or rejection.
www.richardaolson.com
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