LOCATION
LaSalle County, Illinois
The Shannon Family Farm is located 5 miles north of Utica IL, or 10 miles northwest of Ottawa, IL. The land is further described as being located in Section 16, T34N-R2E, Waltham Township, LaSalle County, Illinois.
SELLER
Shannon Family Farm
MANAGED BY
Kevin Haas (309) 264-7767
Eric Ifft (309) 825-3730
GENERAL INFORMATION
67.846 surveyed acres 1 tract
Farmers & Investors, be sure to check out the high Class A soils that sell with an open lease for the 2026 crop year!
TRACT INFORMATION
67.846 surveyed acres
FSA records indicate 67 NHEL cropland acres (split field)
Productivity Index (PI): 143
Soil types include Muscatune-Buckhart, Blackberry, Sable, Elburn, and Drummer
Class A soils!
Access along the south side from N33rd Rd and along the east side from E9th Rd
METHOD & TERMS
The Shannon Family Farm will be sold on a price per acre basis, based on surveyed acres. Survey is underway and the farm will be sold based on survey results.
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 Friday, March 20, 2026.
The seller will provide title insurance in the full amount of the purchase price and will pay all the 2025 taxes due in 2026 through a credit at closing based on the latest available tax information. Buyer will pay all the 2026 taxes. Open lease for 2026 crop year. Possession at closing.
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.
REAL ESTATE TAX INFORMATION
PIN 12-16-404-000 - 68.18A - $4905.62
Representing Attorney:
Thomas L. Justice Jr. | The Justice Law Firm P.C.
909 Clinton St, Ottawa, IL 61350 | (815) 434-0709
Auction Managers:
Kevin Haas (309) 264-7767
Eric Ifft (309) 825-3730