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Land Auction - 400 Acres - 4 Tracts - Lee County
Listing ID#: 349897

Sale Location
Dixon, IL 61021

Sale Dates and TimesSALE IS COMPLETED
Saturday Nov 14, 2020 Completed

Sale Type
Live Auction VIEW ONLINE CATALOG

Company Information
Richard A. Olson & Assoc, Inc Contact: Dick or Erik Olson Phone: 815-942-4266 Email: olsonauction@live.com Website: richardaolson.com EstateSale.com ID#: 7685 View company information and listings

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Listing Terms and Conditions
The Seller shall provide a clear title & existing survey to the Real Estate subject to any and all easements recorded at time of sale. Seller reserves the right to accept or reject any or all bids. The successful bidder will be required to enter into a sales contract on day of sale and deposit $75,000 earnest money (per tract) to be held by Seller's Attorney in an escrow account and will be applied to the purchase price. It is NOT CONTINGENT on getting financing. Earnest money is NON-REFUNDABLE. Buyer will receive a credit at closing for the 2020 taxes due in 2021. The farm lease will be open for the 2021 crop year. Closing on or before December 14, 2020. There is no buyers premium.

Listing Terms and Conditions

The Seller shall provide a clear title & existing survey to the Real Estate subject to any and all easements recorded at time of sale. Seller reserves the right to accept or reject any or all bids. The successful bidder will be required to enter into a sales contract on day of sale and deposit $75,000 earnest money (per tract) to be held by Seller's Attorney in an escrow account and will be applied to the purchase price. It is NOT CONTINGENT on getting financing. Earnest money is NON-REFUNDABLE. Buyer will receive a credit at closing for the 2020 taxes due in 2021. The farm lease will be open for the 2021 crop year. Closing on or before December 14, 2020. There is no buyers premium.

File Attachments
Flyer

Listing Information
Land Auction Saturday, November 14, 2020 at 11:00 AM 400+/- Acres – Four Adjacent Tracts Willow Creek Township – Lee County, IL FLYER Property Location: 3900 Howlett Rd, Paw Paw, IL Property Directions: 5 miles northeast of Paw Paw near the corner of Howlett Rd & County Line Rd. Auction Location: VFW Post #540, 1560 IL-38, Dixon, IL 61021 TRACT 1: 125+/- Acres TRACT 2: 80+/- Acres TRACT 3: 95+/- Acres TRACT 4: 100+/- Acres All Tracts will be offered as “CHOICE” TRACT 1: Aerial Map – Soil Map – Topography Map – Hill Map – Tax Map – FSA 156 (Tract 4886) – FSA Map Overall Crop Productivity Index = 139.0 FSA Effective Cropland Acres = 123.32 TRACT 2 = 80+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map TRACT 3 = 95+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map TRACT 4 = 100+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map TRACTS 2-3-4 = 275+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map – Tax Map – FSA 156 (Tract 4885) – FSA Map Overall Crop Productivity Index = 135.7 FSA Effective Cropland Acres = 262.30 All boundary lines shown on maps are approximate. Surveys have been ordered and will be available on the website once they are complete. AUCTION TERMS: The Seller shall provide a clear title & existing survey to the Real Estate subject to any and all easements recorded at time of sale. Seller reserves the right to accept or reject any or all bids. The successful bidder will be required to enter into a sales contract on day of sale and deposit $75,000 earnest money (per tract) to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. It is NOT CONTINGENT on getting financing. Earnest money is NON-REFUNDABLE. Buyer will receive a credit at closing for the 2020 taxes due in 2021. The farm lease will be open for the 2021 crop year. Closing on or before December 14, 2020. Owners: Kathleen Tryner and Elizabeth Mager Seller’s Attorney: Don Black Black & Black Law Firm 201 Liberty St, Suite #211 Morris, IL 60450 – 815-942-0594 Auction conducted by Richard A. Olson & Associates, Inc. Auctioneers: Dick Olson – IL License #440.000585 Erik Olson – IL License #441.001909 531 Bedford Rd, Morris, IL 60450 (815) 942-4266 www.richardaolson.com 1 Tract 1: 125+/- Acres Legal Description: Part of the NE 1/4 of Sec 36 - Willow Twp. Farm Location: 5 miles northeast of Paw Paw, IL on the northwest corner of Howlett Rd and County Line Rd in Lee County. Offered as "Choice" of Tract 1, 2, 3 or 4. PIN# 21-12-36-200-004. 20... 2 Tract 2: 80+/- Acres Legal Description: Part of the SE 1/4 of Sec 36 - Willow Twp. Farm Location: 5 miles northeast of Paw Paw, IL near the southwest corner of Howlett Rd and County Line Rd in Lee County. Offered as "Choice" of Tract 1, 2, 3 or 4 PIN# 21-12-36-400-003 (t... 3 Tract 3: 95+/- Acres Legal Description: Part of the SE 1/4 of Sec 36 - Willow Twp. Farm Location: 5 miles northeast of Paw Paw, IL near the southwest corner of Howlett Rd and County Line Rd in Lee County. Offered as "Choice" of Tract 1, 2, 3 or 4 PIN# 21-12-36-400-003 (t... 4 Tract 4: 100+/- Acres Legal Description: Part of the SE 1/4 of Sec 36 - Willow Twp. Farm Location: 5 miles northeast of Paw Paw, IL near the southwest corner of Howlett Rd and County Line Rd in Lee County. Offered as "Choice" of Tract 1, 2, 3 or 4 PIN# 21-12-36-400-003 (t... 5 FLYER Go to www.richardaolson.com to download FLYER - AERIAL MAPS - TOPOGRAPHY MAPS - SOIL MAPS - FSA INFO - TAX INFO - SURVEYS and more! Email olsonauction@live.com if you would like us to mail you a flyer. All tracts will be offered as "CHOICE". There wi...

Listing Information

Land Auction

Saturday, November 14, 2020 at 11:00 AM
400+/- Acres – Four Adjacent Tracts
Willow Creek Township – Lee County, IL

FLYER

Property Location: 3900 Howlett Rd, Paw Paw, IL
Property Directions: 5 miles northeast of Paw Paw near the corner of Howlett Rd & County Line Rd.

Auction Location: VFW Post #540, 1560 IL-38, Dixon, IL 61021

TRACT 1: 125+/- Acres
TRACT 2: 80+/- Acres
TRACT 3: 95+/- Acres
TRACT 4: 100+/- Acres
All Tracts will be offered as “CHOICE”

TRACT 1: Aerial Map – Soil Map – Topography Map – Hill Map – Tax Map – FSA 156 (Tract 4886) – FSA Map

Overall Crop Productivity Index = 139.0
FSA Effective Cropland Acres = 123.32

TRACT 2 = 80+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map
TRACT 3 = 95+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map
TRACT 4 = 100+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map

TRACTS 2-3-4 = 275+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map – Tax Map – FSA 156 (Tract 4885) – FSA Map

Overall Crop Productivity Index = 135.7
FSA Effective Cropland Acres = 262.30

All boundary lines shown on maps are approximate. Surveys have been ordered and will be available on the website once they are complete.

AUCTION TERMS: The Seller shall provide a clear title & existing survey to the Real Estate subject to any and all easements recorded at time of sale. Seller reserves the right to accept or reject any or all bids. The successful bidder will be required to enter into a sales contract on day of sale and deposit $75,000 earnest money (per tract) to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. It is NOT CONTINGENT on getting financing. Earnest money is NON-REFUNDABLE. Buyer will receive a credit at closing for the 2020 taxes due in 2021. The farm lease will be open for the 2021 crop year. Closing on or before December 14, 2020.

Owners: Kathleen Tryner and Elizabeth Mager

Seller’s Attorney: Don Black
Black & Black Law Firm
201 Liberty St, Suite #211
Morris, IL 60450 – 815-942-0594

Auction conducted by Richard A. Olson & Associates, Inc.
Auctioneers:
Dick Olson – IL License #440.000585
Erik Olson – IL License #441.001909
531 Bedford Rd, Morris, IL 60450
(815) 942-4266
www.richardaolson.com

Tract 1: 125+/- Acres
Legal Description: Part of the NE 1/4 of Sec 36 - Willow Twp. Farm Location: 5 miles northeast of Paw Paw, IL on the northwest corner of Howlett Rd and County Line Rd in Lee County. Offered as "Choice" of Tract 1, 2, 3 or 4. PIN# 21-12-36-200-004. 20...

Tract 2: 80+/- Acres
Legal Description: Part of the SE 1/4 of Sec 36 - Willow Twp. Farm Location: 5 miles northeast of Paw Paw, IL near the southwest corner of Howlett Rd and County Line Rd in Lee County. Offered as "Choice" of Tract 1, 2, 3 or 4 PIN# 21-12-36-400-003 (t...

Tract 3: 95+/- Acres
Legal Description: Part of the SE 1/4 of Sec 36 - Willow Twp. Farm Location: 5 miles northeast of Paw Paw, IL near the southwest corner of Howlett Rd and County Line Rd in Lee County. Offered as "Choice" of Tract 1, 2, 3 or 4 PIN# 21-12-36-400-003 (t...

Tract 4: 100+/- Acres
Legal Description: Part of the SE 1/4 of Sec 36 - Willow Twp. Farm Location: 5 miles northeast of Paw Paw, IL near the southwest corner of Howlett Rd and County Line Rd in Lee County. Offered as "Choice" of Tract 1, 2, 3 or 4 PIN# 21-12-36-400-003 (t...

FLYER
Go to www.richardaolson.com to download FLYER - AERIAL MAPS - TOPOGRAPHY MAPS - SOIL MAPS - FSA INFO - TAX INFO - SURVEYS and more! Email olsonauction@live.com if you would like us to mail you a flyer. All tracts will be offered as "CHOICE". There wi...

Photo Gallery

Tract 1: 125+/- Acres

Tract 2: 80+/- Acres

Tract 3: 95+/- Acres

Tract 4: 100+/- Acres

FLYER

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Land Auction - 400 Acres - 4 Tracts - Lee County

Richard A. Olson & Assoc, Inc

Contact: Dick or Erik Olson
Phone: 815-942-4266

VFW Post #5401560 IL-38 1560 IL-38
Dixon, IL 61021

Saturday Nov 14, 2020 Completed

Listing Details
Land Auction Saturday, November 14, 2020 at 11:00 AM 400+/- Acres – Four Adjacent Tracts Willow Creek Township – Lee County, IL FLYER Property Location: 3900 Howlett Rd, Paw Paw, IL Property Directions: 5 miles northeast of Paw Paw near the corner of Howlett Rd & County Line Rd. Auction Location: VFW Post #540, 1560 IL-38, Dixon, IL 61021 TRACT 1: 125+/- Acres TRACT 2: 80+/- Acres TRACT 3: 95+/- Acres TRACT 4: 100+/- Acres All Tracts will be offered as “CHOICE” TRACT 1: Aerial Map – Soil Map – Topography Map – Hill Map – Tax Map – FSA 156 (Tract 4886) – FSA Map Overall Crop Productivity Index = 139.0 FSA Effective Cropland Acres = 123.32 TRACT 2 = 80+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map TRACT 3 = 95+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map TRACT 4 = 100+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map TRACTS 2-3-4 = 275+/- Acres: Aerial Map – Soil Map – Topography Map – Hill Map – Tax Map – FSA 156 (Tract 4885) – FSA Map Overall Crop Productivity Index = 135.7 FSA Effective Cropland Acres = 262.30 All boundary lines shown on maps are approximate. Surveys have been ordered and will be available on the website once they are complete. AUCTION TERMS: The Seller shall provide a clear title & existing survey to the Real Estate subject to any and all easements recorded at time of sale. Seller reserves the right to accept or reject any or all bids. The successful bidder will be required to enter into a sales contract on day of sale and deposit $75,000 earnest money (per tract) to be held by Seller’s Attorney in an escrow account and will be applied to the purchase price. It is NOT CONTINGENT on getting financing. Earnest money is NON-REFUNDABLE. Buyer will receive a credit at closing for the 2020 taxes due in 2021. The farm lease will be open for the 2021 crop year. Closing on or before December 14, 2020. Owners: Kathleen Tryner and Elizabeth Mager Seller’s Attorney: Don Black Black & Black Law Firm 201 Liberty St, Suite #211 Morris, IL 60450 – 815-942-0594 Auction conducted by Richard A. Olson & Associates, Inc. Auctioneers: Dick Olson – IL License #440.000585 Erik Olson – IL License #441.001909 531 Bedford Rd, Morris, IL 60450 (815) 942-4266 www.richardaolson.com 1 Tract 1: 125+/- Acres Legal Description: Part of the NE 1/4 of Sec 36 - Willow Twp. Farm Location: 5 miles northeast of Paw Paw, IL on the northwest corner of Howlett Rd and County Line Rd in Lee County. Offered as "Choice" of Tract 1, 2, 3 or 4. PIN# 21-12-36-200-004. 20... 2 Tract 2: 80+/- Acres Legal Description: Part of the SE 1/4 of Sec 36 - Willow Twp. Farm Location: 5 miles northeast of Paw Paw, IL near the southwest corner of Howlett Rd and County Line Rd in Lee County. Offered as "Choice" of Tract 1, 2, 3 or 4 PIN# 21-12-36-400-003 (t... 3 Tract 3: 95+/- Acres Legal Description: Part of the SE 1/4 of Sec 36 - Willow Twp. Farm Location: 5 miles northeast of Paw Paw, IL near the southwest corner of Howlett Rd and County Line Rd in Lee County. Offered as "Choice" of Tract 1, 2, 3 or 4 PIN# 21-12-36-400-003 (t... 4 Tract 4: 100+/- Acres Legal Description: Part of the SE 1/4 of Sec 36 - Willow Twp. Farm Location: 5 miles northeast of Paw Paw, IL near the southwest corner of Howlett Rd and County Line Rd in Lee County. Offered as "Choice" of Tract 1, 2, 3 or 4 PIN# 21-12-36-400-003 (t... 5 FLYER Go to www.richardaolson.com to download FLYER - AERIAL MAPS - TOPOGRAPHY MAPS - SOIL MAPS - FSA INFO - TAX INFO - SURVEYS and more! Email olsonauction@live.com if you would like us to mail you a flyer. All tracts will be offered as "CHOICE". There wi...