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REAL ESTATE AUCTION | 236 Acres - LaSalle County
SATURDAY, NOVEMBER 12, 2011 @ 10am

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Flyer: page 1 | page 2 | Sale Bill

Auction Location:
American Legion Hall, 508 Depot Street, Mazon, IL

This farm will be offered as follows:
Parcel 1: 156 Acres on the east (150 tillable)
Parcel 2: 80 Acres on the west (78 tillable)
Parcel 1 & 2: the high bidder can have CHOICE of one or 2 or both parcels.

Farm Location:
Four miles NE of Streator, IL
OR from Ransom, IL: 3 miles West of Route 170 on N16th Road.
(SW 1/4 of Sec 7, Allen Township and the E 1/2 of the SE 1/4 of Sec 12, Otter Creek Twp)

Property Description:
This is vacant land with very good soils. Both parcels have good road frontage. The east parcel has a drainage ditch running north and south.

Owner:
Evelyn Bitner Trust

Attorney:
Diane Yohnka Jorstad 815-942-0049

Tax Information:
Parcel 1# 35-07-301-000
Taxes $1756.
Parcel 2# 34-12-401-000
Taxes $577.

TERMS:
The Seller shall provide 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 on Tract 1 and $25,000 on Tract 2 to be held by Sellers Attorney in an escrow account and will be applied to the purchase price. Seller will pay 2011 Real Estate Taxes due in 2012. The Seller will provide a farm survey at closing. The title policy and sales contract is available from the Seller's attorney.

DISCLOSURE:
All information contained on this web site 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 made by the Seller or auction agency. The information contained on this web site ia believed accurate, but is subject to verification by all parties relying on it. No liability for it's accuracy, errors or omissions is assumed by the Seller it the auction agency.

POSSESSION & CLOSING:
Possession will be at closing. Closing will be on or before December 19, 2011. The buyer will have the right to do full tillage upon deposit of earnest money prior to closing.


For further information and terms, contact Richard A. Olson & Associates - 815-942-1675

 

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Auction conducted by:
Dick Olson

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Morris IL (815) 942-4266

www.richardaolson.com