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, third generation auctioneer to attend Reppert School of Auctioneering, 65 years after his grandfather and 44 years after his father Richard.


Current Calendar
Past Auctions

Sign up for our Email Updates


In addition to the upcoming Farm Land Auctions shown below, we have many other Farms For Sale listed in our Real Estate Section. Click here to view the additional farms.


LAND AUCTION
71 TILLABLE ACRES: 2 TRACTS
SEC 25 - LISBON TWP - KENDALL COUNTY

Saturday, November 22, 2014 at 10:00 a.m.

Auction Location: Saratoga Township Building, 9080 N IL-47, Morris, IL 60450
(1 mile North of Morris on IL-47 to the Township Building on the right)

Farm Location: Approximately 3½ miles East of IL-47/US-52 intersection, then 2¼ miles South on Brisbin Rd

 

Tract 1: 25 Acres mol - Tillable Acreage

Tract 2: 36 Acres mol - Tillable Acreage

(Tract 2 includes Bin, Crib and Garage)

Crop Productivity Index 119.9
(160 Corn/53 Beans/64 Wheat)

Soil Types:
Bryce Silty Clay (162 Corn; 54 Soybeans), Swygert Silty Clay Loam (158 Corn; 52 Soybeans).

Aerial Map

Topography Map

FSA Reports

 

Owner(s): Estate of
Eugene Peterson

 

HIGH BIDDER will have CHOICE of TRACT 1, 2 or BOTH.

Attorney: Don Black
Morris, IL 815-942-0594

Click for photos: Bin - Crib - Garage

TERMS: 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 $30,000 (per tract) 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. The buyer will have the right to do fall tillage upon deposit of earnest money prior to closing. Closing on or before December 30, 2014.


LAND AUCTION
257 TOTAL ACRES - 5 TRACTS - RANCH HOME
SEC 30 & 31 - BIG GROVE TWP - KENDALL COUNTY

Saturday, December 6, 2014 at 10:00 a.m.

Auction Location: Newark American Legion Hall Post #459, 13000 Fennel Rd, Newark, IL 60541 (address does not work in most GPS software...Please see directions!)
Directions: From BP Station in Newark, head West 1/2 mile on IL-71 to Ottawa Rd, then South 1/4 mile to American Legion.

Farm Location: Approximately ½ mile South of US-52 on County Line Rd. The property runs along the East side of County Line Rd for approx 1 mile and borders White Willow Rd on the South for approx ½ mile. There are 5 continous tracts making up the 257 total acres.

Click for Flyer

TRACT 1: 61.653 Acres – All Tillable – Two Road Frontages; Crop Productivity Index 125.8 (170 Corn/54 Beans/67 Wheat); Soils: Graymont Silt Loam; Chenoa Silty Clay Loam; Varna Silt Loam; 6 Building Permits are available with this tract.

TRACT 2: 61.653 Acres
– Mostly Tillable; Crop Productivity Index 123.6 (168 Corn/54 Beans/66 Wheat); Soils: Chenoa Silty Clay Loam; Varna Silt Loam; Graymont Silt Loam

TRACT 3: 67.034 Acres
– Mostly Tillable; Crop Productivity Index 123.7 (168 Corn/53 Beans/66 Wheat); Soils: Graymont Silt Loam; Varna Silt Loam

TRACT 4: 61.718 Acres
– Wooded and Tillable; Crop Productivity Index 110 (149 Corn/48 Beans/59 Wheat); Soils: Varna Silt Loam; Graymont Silt Loam

TRACT 5: 5.316 Acres
– Ranch Home, Crib, Pole Building. See details below. Soils: Varna Silt Loam & El Paso Silty Clay Loam run along County road. Ranch Home Details: Kitchen 8x22 w/Oak Cabinets, Dining Room 12x12, Living Room 18x18, Lg Stone Fireplace, Office 9x15, Master Bdrm 14x14, Master Bath 6x10, Bdrm 10x14, Bdrm 9x13, 2nd Bath 5x10, Full Basement, Well & Septic, 2-Car Attached Garage


HIGH BIDDER will have CHOICE of Tracts 1 through 4.
Tract 5 (Ranch Home) will be sold LAST.

Owner(s): Estate of Mark Johnson

Attorney: Don Black
Morris, IL 815-942-0594

ALL TRACTS
TRACT 1
TRACT 2
TRACT 3
TRACT 4
TRACT 5

Click for Photos of Ranch Home and Buildings

TERMS: 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 10% (per tract) 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. The buyer will have the right to do fall tillage upon deposit of earnest money prior to closing. Closing on or before January 16, 2015.


GAVIN TOOLS & LUMBER AUCTION
Sunday, December 7, 2014 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.


LAND AUCTION
239 ACRES - 3 TRACTS
MAZON & HIGHLAND TOWNSHIPS - GRUNDY COUNTY

Friday, December 12, 2014 at 1:00 p.m.

Auction Location: Mazon American Legion, 508 Depot St, Mazon, IL 60444
Directions: 8 miles South of Morris on IL-47, then right on Grand Ridge Rd for 1/4 mile to Depot St, turn left to Auction.

Mazon Twp Farms Location: From Mazon, head South 2½ miles on IL-47, then East on Grinter Rd ½ mile to Farm on South side.

Highland Twp Farm Location: From Mazon, head South 4 miles on IL-47 to Gardner Rd, then West 4 miles to Verona Rd, then South 4 miles to Farm on the East side (corner of Scully & Verona Rds).

TRACT 1 - Mazon Township - West 80 Acres: Crop Productivity Index 128.7 (174 Corn/56 Beans/67 Wheat); Soils: Reddick Clay Loam, Martinton Silt Loam & Bryce Silty Clay.

TRACT 2 - Mazon Township - East 79 Acres: Crop Productivity Index 128.7 (174 Corn/56 Beans/67 Wheat); Soils: Martinton Silt Loam, Bryce Silty Clay & Swygert Silty Clay Loam.

TRACT 3 - Highland Township - 80 Acres: Crop Productivity Index 128 (172 Corn/56 Beans/67 Wheat); Soils: Elliott Silt Loam, Ashkum Silty Clay Loam, Drummery Silty Clay Loam and Sawmill Silty Clay Loam.

HIGH BIDDER will have CHOICE of Tracts 1, 2 or both in Mazon Twp.
Tract 3 in Highland Twp will be sold last.

Attorney: John Coffey
Chicago, IL 312-372-2345

TERMS: 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 (per tract) 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. The buyer will have the right to do fall tillage upon deposit of earnest money prior to closing. Closing on or before January 12, 2015.


LAND AUCTION
160 TILLABLE ACRES - 3 ADJOINING TRACTS
SEC 18 - DWIGHT TWP - LIVINGSTON COUNTY

Saturday, December 13, 2014 at 10:00 a.m.

Auction Location: Dwight VFW Post #2608, 506 S Old Route 66, Dwight, IL 60420
Directions: From the I-55/IL-17 interchange #217 in Dwight, head East on IL-17 ½ mile, then South ¼ mile on Old Route 66 to the VFW.

Farm Location: From the I-55/IL-17 interchange #217 in Dwight, head West approx 1 mile on IL-17, then South 1½ miles on N 2400 E Rd. (1 mile South of golf course on East side of Rd)

Click for Flyer


TRACT 1: 49.20 Acres – Pin#05-05-18-200-006; Crop Productivity Index 118.9 (159 Corn/53 Beans); Soils: Bryce Silty Clay & Swygert Silty Clay Loam.

 

TRACT 2: 79.91 Acres – Pin#05-05-18-400-012; Crop Productivity Index 118 (158 Corn/52 Beans); Soils: Bryce Silty Clay & Swygert Silty Clay Loam.

 

TRACT 3: 31.43 Acres – Pin#05-05-18-400-007; Crop Productivity Index 112.2 (151 Corn/50 Beans); Soils: Bryce Silty Clay & Swygert Silty Clay Loam.

HIGH BIDDER will have CHOICE of Tracts 1, 2 or 3.

 

Owner(s): Fieldman Farm

Attorney: Tim Malmquist
Morris, IL 815-942-5072

ALL TRACTS
TRACT 1
TRACT 2
TRACT 3
OTHER INFO

TERMS: 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 $30,000 (per tract) 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. The buyer will have the right to do fall tillage upon deposit of earnest money prior to closing. Closing on or before January 12, 2015.


LAND AUCTION
33 ACRES - 2 TRACTS
LAKE VIEW - WOODED - TILLABLE - POLE BUILDING
BRAIDWOOD, IL - REED TWP - WILL COUNTY

Saturday, December 20, 2014 at 10:00 a.m.

Auction Location: Jones-Eez Bar-B-Que, 551 W Kennedy Rd, Braidwood, IL 60408
Directions: From the I-55/Reed Rd Interchange (exit 233) in Braidwood, head East approx 3/4 mile on Reed Rd (becomes Kennedy Rd)

Farm Location: 34900 S Center St, Braidwood, IL 60408

Tract 1: Approximatley 12 Acres of Wooded & Tillable Land overlooking a Private Lake which is not included in the sale.

Tract 2: Approximately 20 Acres of Wooded & Tillable Land with a 30x36 Ft Pole Building.

There is a paved driveway easement dividing the two tracts.

Crop Productivity Index 103.4 (135 Corn/48 Beans/57 Wheat); Soils: Granby Fine Sandy Loam & Ade Loamy Fine Sand.

HIGH BIDDER will have CHOICE of TRACT 1, 2 or BOTH.

Owner(s): Fatlan Estate

Attorney: Jennifer Lynch
Joliet, IL 815-725-8000

PIN #: 02-24-17-300-020-0000

TERMS: 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 $10,000 (per tract) 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. The buyer will have the right to do fall tillage upon deposit of earnest money prior to closing. Closing on or before January 20, 2015.


LAND AUCTION
153 ACRES MOL - 2 TRACTS
SARATOGA TWP - GRUNDY COUNTY

Saturday, January 17, 2015 at 10:00 a.m.

Auction Location: Saratoga Township Building, 9080 N IL-47, Morris, IL 60450
(1 mile North of Morris on IL-47 to the Township Building on the right)

Farm Location: 1865 E Sherrill Rd, Minooka, IL 60444
(5 miles North of Morris on IL-47, then 1½ miles East on Sherrill Rd to the farm located on the South side)

 

TRACT 1: 70 Acres mol – Crop Productivity Index 121.1 (162 Corn/53 Beans); Soils: Swygert Silty Clay Loam, Milford Silty Clay Loam.

 

TRACT 2: 83 Acres mol – Crop Productivity Index 123.5 (165 Corn/55 Beans); Soils: Milford Silty Clay Loam & Swygert Silty Clay Loam.

 

There will be TWO Building Permits offered on EACH Tract.

 

Owner(s): Edmondson Family Trust

 

Attorney: Don Black
Morris, IL 815-942-0594


BOTH TRACTS
TRACT 1
TRACT 2
OTHER INFO

TERMS: 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 (per tract) 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 February 16, 2015.


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

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for our Email Updates
Click here to see a recent Farm Machinery Auction
which aired nationally on Fox Business News