LaSalle County, IL Land Auction – Gustafson
Thursday, February 02, 2023 - 10:00 am Central
Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at
$15,100 PER ACRE
TOTAL – $1,161,341.00
LaSalle County, Illinois
The Gustafson farm is located approximately 3 miles southeast of Wenona, Illinois or 17 miles southwest of Streator, Illinois and is further described as being located in Section 32, T30N-R2E, Osage Township, LaSalle County, Illinois.
Gustafson Farms of Illinois LLC
Helen Barrick Co-manager
Roy Gustafson Co-manager
Kevin Haas (309) 264-7767
76.91 Taxable Acres± • 1 Tract
The real estate contains a total of 76.91 taxable acres, will be sold in 1 tract and represents productive tillable cropland.
- FSA map indicates 74.42 NHEL cropland acres
- Productivity Index (PI): 132.1
- Soil types include Rutland and Streator
- Access along the west side from E 7th St and along the south side from N 6th Rd.
Method & Terms
The Gustafson farm will be sold on a price per acre basis, based on 76.91 taxable acres.
Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before Thursday, March 2, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer will be responsible for 2023 and all subsequent taxes. Possession will be given at the time of closing, subject to any remaining crop tenancy for the 2022 crop year only. The property sells free and clear of tenancy for 2023 and beyond.
Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property.
All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS”.
SOIL TEST RESULTS
REAL ESTATE TAX INFORMATION
PIN 36-32-300-000 - 76.91A - $2794.16
Representing Attorney: Jonathan J. Stoller
Kevin Haas (309) 264-7767