LASALLE COUNTY, IL LAND AUCTION - THEISINGER

LaSalle County, Illinois

Tracts 1 & 2 are located 2 miles northwest of Tonica, IL. Tract 3 is located 1 mile south of Tonica, IL. Tonica is located 9 miles south of LaSalle-Peru, IL. The land is further described as being located in Sections 15 & 36, T32N-R1E, Eden Township, LaSalle County, Illinois.

222.608 surveyed acres • 3 tracts

Farmers & investors take note: The Theisinger Farms offering consists of virtually all Class A Soils and are in close proximity to desirable ethanol processing plant and river markets!

Tract 1 - 80.165 surveyed acres

• FSA records should indicate approximately 80.0 NHEL cropland acres (farm is combined in FSA information)
• Productivity Index: 144.8
• Soil types include Muscatune-Buckhart, Muscatune, and Sable
• 100% Class A Soils!
• Access along the north side from N22nd Rd

Tract 2 - 80.165 surveyed acres

• FSA records should indicate approximately 77.3 NHEL cropland acres (farm is combined in FSA information)
• Productivity Index: 142.7
• Soil types include Muscatune-Buckhart, Sable, Spaulding, and Muscatune
• 100% Class A Soils!
• Includes a corn crib
• Access along the north side from N22nd Rd and along the east side from E4th Rd

Tract 3 - 62.278 surveyed acres

• FSA records indicate 61.13 NHEL cropland acres
• Productivity Index: 141.3
• Soil types include Muscatune-Buckhart, El Paso, Sable, and Catlin
• Access along the south side from N18th Rd

All three tracts have recently been surveyed and will be sold on a price per acre basis, based on survey results. All tracts will be offered through the marketing method of “Buyer’s Choice”, whereas the high bidder can elect any tract, combination of tracts, or all tracts for their high bid. If the high bidder does not elect all tracts, then the remaining tract(s) will continue to be offered “Buyer’s Choice” until all tracts have been elected. The tracts will NOT be offered as combinations or in their entirety at the conclusion of the auction.

Immediately following the auction, the successful buyer(s) 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 Friday, December 11, 2026.

The seller will provide title insurance in the full amount of the purchase price. Seller is retaining all 2026 farm and wind energy income (Wind energy lease for Tracts 1 & 2 was recently cancelled). Seller will pay the estimated 2026 taxes due in 2027 through a credit at closing based on the latest available tax information. As a result of receiving this credit, buyer(s) will pay the 2026 taxes when they become due and payable in 2027 with no additional real estate tax adjustments being made. Buyer(s) will pay all 2027 taxes and beyond. Possession at closing subject to an existing lease for the 2026 crop year only. Open lease for the 2027 crop year.

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 pertaining to this property. Real estate is being sold “AS IS”.

Tracts 1 & 2

• PIN 25-15-200-000 - 158.14A - $10,913.44
  • Includes $152.56 drainage tax

Tract 3

• PIN 25-36-303-000 - 61.24A - $3888.16

Tract 1

• PH - 6.48
• P - 80 #/A
• K - 338 #/A

Tract 2

• PH - 6.36
• P - 85 #/A
• K - 364 #/A

Tract 3

• PH - 6.25
• P - 100 #/A
• K - 339 #/A

Tracts 1 & 2 combined