Public Auction 78 Acres +/- Lee County, Illinois
Friday April 06, 2018
The farm is well located approximately 7 miles Southeast of Rock Falls, Illinois bordering Van Petten Road on the South and Schilpp Road on the East in Section 20 of Harmon Township, Lee Co. Illinois.
TRACT 1: 78 +/- Acres located in Part of the East Half of the Southwest Quarter of Section 20 of Harmon Township (T20N, R 8E) Lee County, Illinois. PPN: 10-13-20-300-003. 2016 Taxes payable 2017 were $2,055. The PI is estimated at 126 using Optimum Crop Productivity Rating for Illinois Soils. See Brochure for Soil Information.
LAWRENCE D. & TERESA J. KOSTER-STUBBS TRUST
TERMS OF THE SALE
The farm will be sold on a dollar per surveyed acre basis. The successful bidder will be required to pay ten percent (10%) down the day of the auction and the balance will be due on or before May 8, 2018. Taxes for 2017 will be provided as a credit to the purchaser based on the most recent tax information. The farm is leased for the 2018 crop year. The Seller shall provide a credit to the buyer at closing of $22,869 ($300.00 per tillable acre) and seller shall collect remaining 2018 rent on farm. Open tenancy for 2019. A title policy in the amount of the purchase price, subject to standard and usual exceptions, will be furnished to the buyer at closing. All announcements made day of sale take precedence over previous advertised or announced terms and/or conditions. Seller has the right to accept or reject any and all bids.
SALE CONDUCTED BY:
DAHL REAL ESTATE
102 NORTH MAIN WALNUT, ILLINOIS
DARRELL R. DAHL AUCTIONEER LIC#440.000235
FOR FULL BROCHURE VISIT DARRELLDAHL.COM