Richard A. Olson
Richard A. Olson & Associates

AUCTIONS

Richard A. Olson & Associates has bought and sold millions of dollars worth of farm machinery, real estate and personal property. Richard has been an auctioneer since 1968 and has sold numerous farms, equipment, livestock, antiques, household items, estates and business liquidations. He is a graduate of the Reppert School of Auctioneering. Erik, a third generation graduate of Reppert, works with his father Richard to represent their clients and their property in a professional manner. Find Us on Facebook (www.facebook.com/olson.auction). Text OLSONAUCTION to 22828 to receive email updates or sign up below!


Current Calendar
Past Auctions

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REAL ESTATE AUCTION
HISTORIC RESTAURANT ON 2+ ACRES - INCLUDES EQUIPMENT
Saturday, March 28, 2015 at 10:00 a.m.

Location: 2400 W US-6, Morris, IL 60450 (auction to be held at the restaurant)
Directions: From the Interstate 80 & IL-47 interchange, head South on IL-47 for 1 mile to US-6, then West 2½ miles to the restaurant on the right.

Click for Flyer
Click for Photos

"The Rockwell"

HISTORIC RESTAURANT nestled on 2+ acre wooded lot overlooking a golf course in charming Midwestern town. A destination location with an established reputation located off I-80 & thriving nearby downtown shopping district with high tourism. The Rockwell, takes you back to its namesake, Norman Rockwell. Elegant Fine Dining with a Large Historic Bar constructed of Mahogany and Oak. “The Bar” at Rockwell was built in 1893 by Brunswick and displayed by Anheuser Busch at the Columbian Exposition (also known as The Chicago World’s Fair). 6000+sqft restaurant comes with fully-equipped kitchen and dining room. City Water/Sewer. Turnkey business, ready for new owner. See below for terms, photos, FF&E and more.

Call for a private showing.

This auction will NOT be conducted as multiple lots. The bid will be for the ENTIRE business, property, equipment and furnishings as ONE money.

Terms: NO Buyers Premium. The successful bidder will be required to enter into a sales contract on day of sale and deposit $25,000 earnest money and close on or before April 27, 2015. Purchase is not contingent on financing. Buyer must have financing in place prior to bidding. Richard A. Olson & Assoc, Inc represents the Sellers only. Read the Contract and Sale Day Announcements to determine the existence of any disclosures, exclusions, representations and disclaimers. All info contained in this brochure and all related materials are subject to the terms and conditions outlined in the Agreement To Purchase. Announcements made by the Auctioneer at the time of sale will take precedence over any previously printed material or any other oral statements made. The property is being sold on an as-is basis and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or Auction agency. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction agency. Seller reserves the right to accept, reject or counter all offers prior to Sale Day and on Sale Day.


GAVIN TOOLS & LUMBER AUCTION
Sunday, March 29, 2015 at 8:00 a.m.

Location: 16119 Chicago Rd, Sandwich, IL 60548
Directions: Rt 34 to Sandwich, IL to 3rd Stop Light (Latham St); then 5 miles North to Chicago Road; then West 1 mile. Watch for signs.

This auction has been moved-up ONE week because the 1st Sunday in April is a holiday.

Tools & Misc Items will begin at 8am.

 

Lumber will begin at 10:30am.

 

Restrooms/Concessions/Weather Shelter provided.

 

Contact Greg Gavin for more info: 815-509-8018

 

www.gavinauctionservices.com

Gavin Terms: Cash or Good Check. Visa, MC & Discover. 5% Buyers Premium. 5% Deducted with Cash or Check. 6¼% Sales Tax must be applied.


PUBLIC AUCTION
MODERN FURNITURE - CLEAN HOUSEHOLD - TOOLS - MISC
Sunday, April 26, 2015 at 10:00 a.m.

Location: 1413 Michael Dr, Morris, IL 60450
Directions: From the intersection of IL-47 & US-6 in Morris, head West 1 mile on US-6 (Bedford Rd), then right at the stoplight onto Michael Dr.

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Click for Photos

HOUSEHOLD & MISC: Large Dining Table, 2 Leaves, 6 Chairs; Octagon Kitchen Table & 4 Barrel Chairs; (4) Suede Seat Bar Stools; 4-Pc Bedroom Set, Queen; 3-Pc Bedroom Set, 70s Mahogany, Queen; Knee Hole Desk; Print Sofa & Love Seat; Tan Print Love Seat; 4-Pc Glass Inlay Coffee Table Set; (3) Brass Lamps; (2) Lane Rocker/Recliners, Blue; Various Wall Pictures & Prints; Kitchen Calphalon Cookware; Glassware; Dishes; Mixer; Canister Set; Keurig Coffee Maker; Wood Wardrobes; TV Cabinet & TV; Small Desk & Seat; Books; Elec Space Heaters; (2) Wood, 5-shelf Bookcases; Large, Clean 2-Pc Sectional Sofa, Brown; Gold’s Gym XR15 Weight Set; (2) Glass Top End Tables; Sony Stereo; Eureka Vacuum; Dehumidifier, like new; Wall Hangings; Vintage Telephone Chair & Stand; (2) Mini-Refrigerators; Folding Picnic Table, like new; Folding Table; (4) Wicker Seat Chairs; 6-Gun Cabinet; Card Table & Chairs; Luggage; Step Ladder; Toaster Oven.

TOOLS & MISC: LARGE Assortment Hand Tools & Shop Hardware; MANY Organizers filled with nuts, bolts, screws and more; Aluminum Dolly; 12V Coleman Thermoelectric Cooler; Drop Cords; Pro-Tech 10” Table Saw; RotoZip; Saws, Sanders; Work Lights; Wrenches; Levels; Poulan Wild Thing 18” Chain Saw; Roll of Copper Scree; Sawhorses; Black & Decker Leaf Hog Elec Blower; Various Tool Boxes; Golf Clubs; Wooden Vises; Brute 22” Power Push Mower w/7hp Briggs & Stratton; Portable Air Tank; Lg Fishing Tackle Box & Asst Lures; (2) Cases of New Synthetic Motor Oil; (4) Wood Storage Cabinets; Metal File Cabinets; (2) Battery Chargers; Troy Bilt 27cc Power Gas Trimmer; (2) Skil Saws; Various Yard Hand Tools; Stanley Job Box; (2) Shop Vacs; Yard Tools; Wheel Barrow; Various Socket Sets; Karcher 330 Power Washer; Sm Floor Jack; Various Coolers; 24x36 2-drawer File Safe w/combination; Portable Fire Safe; Heat Gun; Hammer Drill; Elec Engraver; Duralast Creeper; Small Animal Traps; Mole Traps; Bicycle Hoist; Vector 400amp Jump-Start; (10) Metal & Plastic Shelving Units.

Owner(s): Jim & MaryAnn Mansfield

Terms: Cash or good check with proper ID on day of sale. Nothing removed until settled. All items are being sold as is with no stated or implied warranty. Sale day announcements take precedence over printed material. Buyers are responsible for all items after sold. NO BUYERS PREMIUM!


LAND AUCTION
79 ACRES OF TILLABLE LAND - EXCELLENT GOOSE/DUCK HUNTING
SEC 36 - BRACEVILLE TWP - GRUNDY COUNTY

Tuesday, April 28, 2015 at 7:00 p.m.

Auction Location: Diamond Banquet Hall, 55 S Daly St, Diamond, IL 60416
Directions to Auction: 1 mile West of I-55 (exit 236) on IL-113, then South on Daly St. Building is on the left.
Directions to Farmland: From Braceville, head 1 mile South of IL-53 on Mitchell Rd.

Click for Flyer
Photos: Trailer - Hunters

Two Ponds - Two Pits - 1 Blind - Club House w/Elec, Heat & AC - Gravel Drive

PIN #: 09-36-300-005

W½ of SW¼ of Section 36

Overall Crop Productivity Index 122.3
(165 Corn, 54 Beans)

73 Tillable Acres:
293A - Andres Silt Loam, 22ac, 184 Corn, 59 Beans, CPI 135; 151A - Ridgeville Fine Sandy Loam, 20ac, 151 Corn, 51 Beans, CPI 114; 201A - Gilford Fine Sandy Loam, 15ac, 148 Corn, 49 Beans, CPI 110; 594A - Reddick Clay Loam, 15ac, 177 Corn, 56 Beans, CPI 130; 125A - Selma Loam, 4ac, 176 Corn, 57 Beans, CPI 129; 98B - Ade Loamy Fine Sand, 3ac, 134 Corn, 47 Beans, CPI 102

Owner: Grundy Honkers, LLC

Seller's Attorney: Gary Neville
Dwight IL 815-584-3006

TERMS: NO Buyers Premium. The Seller shall provide a clear title 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 $50,000 earnest money to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. Seller will pay 2014 Real Estate Taxes due in 2015. DISCLOSURE: All info contained in this brochure and all related materials are subject to the terms and conditions outlined in the Agreement To Purchase. Announcements made by the Auctioneer at the time of sale will take precedence over any previously printed material or any other oral statements made. The property is being sold on an as-is basis and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or Auction agency. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction agency. POSSESSION & CLOSING: Possession will be at closing. Closing on or before May 28, 2015. Buyer allowed to do Spring tillage work after EM is paid & prior to closing.


PUBLIC AUCTION
ROAD BUILDING EQUIPMENT | OILER | TRUCKS | CHIPPER| GRADER
Saturday, May 2, 2015 at 10:00 a.m.

Location: 119 N Cartier St, Ransom, IL 60470
Directions from Streator: East 10 miles on IL-18, then North 2.5 miles on IL-170 (E 27th Rd).
Directions from Dwight: From I-55 (exit 217), head West 10 miles on IL-17, then North 4.5 miles on IL-170.
Directions from Seneca: From the IL River, head South 12 miles on IL-170.

Click for Flyer
Click for Photos

Glenn McCann Co. is discontinuing their Oil/Chip and Road Building Division of their business. Dating back to their first truck in 1937, they will continue operating their Trucking Service to Ransom and the surrounding areas.

OILER: 1999 International, DT466 Motor, 10spd w/ 2003 Centennial Etnyre Asphalt Distributor, 22’ bar, Computer Rate Control, Custom 3500gal tank on tandem axle, 11:22.5 tires, 5750 hrs, 183k miles, VIN: 1HTSHADR8XH603325.

ROAD BUILDING EQUIPMENT: 1993 Etnyre Chip Spreader, hydro-static transmission, 12’ head, motor rebuilt in 2005, VIN: K5280; 1989 Hyster C530A Roller, 9-wheel rubber tire, 3-speed schedule shift, Perkins dsl, VIN: C4001K; 1998 John Deere 5210 Tractor with 6’ Broom head, 1695 hrs, 3+3 speed, VIN: LV5210S121546; Hyster 350B Steel Wheel, Perkins dsl, VIN: A89C1818P; 1982 John Deere 770 Motor Grader, 12’ board, elec over hyd, frnt scarifier, <4000 hrs, VIN: 405208000D; 2000 Roller 13-wheel Pull-type, Rubber Tire, great condition, VIN:176302; 1966 Fruehauf Cement Tanker, 10x20 spoke tires, VIN:A5664608.

SEMI-TRACTORS: 1992 Ford 9000, N-14 Cummins motor, 400hp, 9-spd, 11:25.5 tires, wet kit, VIN: 1FTYA95RXNVA08709; 1977 Ford 9000, 3406 Cat motor, 13-spd, all spoke wheels, wet kit, VIN: U91HV209306; 1985 Ford 9000, 400 Cummins motor, 13-spd, wet kit, bud front-spoke rear, VIN: 1FDYA90W1FVA19849; 1988 White GMC, 315 Cummins motor, 9-spd, VIN: 4V1BDBJE3JN606837.

Call Larry McCann 815-586-4235 for detailed questions of the equipment.

Owner: Glenn McCann Company

Terms: Cash or good check with proper ID on day of sale. Nothing removed until settled. All items are being sold as is with no stated or implied warranty. Sale day announcements take precedence over printed material. Buyers are responsible for all items after sold. NO BUYERS PREMIUM!


GAVIN TOOLS & LUMBER AUCTION
Sunday, May 3, 2015 at 8:00 a.m.

Location: 16119 Chicago Rd, Sandwich, IL 60548
Directions: Rt 34 to Sandwich, IL to 3rd Stop Light (Latham St); then 5 miles North to Chicago Road; then West 1 mile. Watch for signs.

Tools & Misc Items will begin at 8am.

Lumber will begin at 10:30am.

Restrooms/Concessions/Weather Shelter provided.

Contact Greg Gavin for more info: 815-509-8018

www.gavinauctionservices.com

Gavin Terms: Cash or Good Check. Visa, MC & Discover. 5% Buyers Premium. 5% Deducted with Cash or Check. 6¼% Sales Tax must be applied.


We provide the highest level of Professional Auctioneering Service.


PAST AUCTIONS

Richard A. Olson Associates

531 W. Bedford Road, Suite A, Morris IL 60450
PH (815) 942-4266


Click here to view a Farm Machinery Auction
which aired nationally on Fox Business News
August 8, 2013


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