Richard A. Olson
Richard A. Olson & Associates

AUCTIONS

Richard A. Olson & Associates has bought and sold millions of dollars worth of farm machinery, real estate and personal property. Richard has been an auctioneer since 1968 and has sold numerous farms, equipment, livestock, antiques, household items, estates and business liquidations. He is a graduate of the Reppert School of Auctioneering. Erik, a third generation graduate of Reppert, works with his father Richard to represent their clients and their property in a professional manner. You can also find us on Facebook (www.facebook.com/olsonauction).


Current Calendar
Past Auctions


MULTI-ESTATE PUBLIC AUCTION
Saturday, October 19, 2019 at 9:00 a.m.
Toy Farm Tractors - Pedal Tractors - Shop Tools & Misc - Vintage & Antique Furniture/Collectibles - Pocket Watches & Wrist Watches

Location: Grundy County Fairground, 8890 N IL-47, Morris, IL 60450
Directions: From the I-80/IL-47 interchange (exit 112) in Morris, head North 1-1/4 miles on IL-47 to the Fairground. Plenty of close parking.

Click for Photos

Watch our website for updates! Held indoors, if needed. We will add photos to website as items come in during the week of the auction. 10+ Racks of misc items along with tools, furniture & collectibles!

Owners: Multiple Estates form the Grundy/Kendall County Area

Auction conducted by:
Richard A. Olson & Associates, Inc.
and
Brian DeBolt Auction Service

Auctioneers:
Dick Olson - IL License #440.000585
Erik Olson - IL License #441.001909
Brian DeBolt - IL License #440.000595

531 Bedford Rd, Morris, IL 60450
(815) 942-4266
www.richardaolson.com or www.deboltauctionservice.com

Terms: Cash or good check with proper ID on day of sale. Nothing removed until settled. All items are being sold as is with no stated or implied warranty. Sale day announcements take precedence over printed material. Buyers are responsible for all items after sold. This is a LIVE auction, must be present to bid. NO BUYERS PREMIUM!


PUBLIC REAL ESTATE AUCTION
Wednesday, October 23, 2019 at 6:00 p.m.
4.8 Ac Vacant Wooded Lot in Goose Lake

Auction Location: Goose Lake Community Hall, 3935 Goose Lake Rd, Morris, IL 60450
Directions: From the Illinois River Bridge in Morris, continue south on IL-47 for 3/4 mile to Pine Bluff Rd (1st stoplight), then head east 6.5 miles to Goose Lake Rd. Hall parking lot located on southwest corner of Pine Bluff Rd & Goose Lake Rd.

Property Location: 1970 Island Dr, Morris, IL 60450 (GPS map to be added shortly)
Directions: 1 mile South of Morris on IL-47, then East on Pine Bluff Rd 5 miles, then South on Jugtown Rd 1 mile, then East on Deerfield Dr, then South on Island Dr to Wahoo Dr.

Click for Flyer - Click for Photos

Corner Lot located at Island Drive & Wahoo Drive in Lincoln Lake Estates.

Located within the picturesque Goose Lake Development in Grundy County (Coal City School District #1), this 4.81 Acre property is perfect for anyone looking for a seasonal recreation spot or a year-round home site.

Situated in the Lincoln Lake Estates, you and your family will have easy access to all the great boating, water skiing, fishing, swimming, kayaking, canoeing, jet skiing and many other recreational activities afforded by the largest community lake in the area.

This corner property located at Island Drive and Wahoo Drive is not only home to great outdoor activities, but also quiet small-town living. The FOUR lakes in the subdivision are maintained and stocked by the Goose Lake Association. Additional GLA amenities include a bar, hall, beach and camping. Said to be one of the cleanest lakes in the Midwest, Lincoln Lake has a visibility of about 25 feet of depth. More info on GLA, go to www.gooselakeassociation.org.

Winter adventures include ice skating, snowmobiling, ice fishing and bow hunting. Additional boating and fishing activities are available at nearby Heidecke Lake and on the Illinois River in Morris.

Located just minutes from I-55 interchange, this outdoor recreation property is 20 minutes south of Joliet, 45 minutes from Naperville/Aurora, 45 minutes from Orland Park, or 1 hour from Chicago.

Terms: Financing is NOT a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction. A $10,000.00 deposit on day of sale in the form of cash or check and be capable of closing on or before December 6, 2019. The property is being sold as-is, where-is condition with no contingencies, guarantees, warranties expressed, implied, or subject to financing. No buyers premium.

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


GAVIN TOOLS AND LUMBER AUCTION
Sunday, November 3, 2019 at 8:00 a.m.
TOOLS - LUMBER - DOORS - WINDOWS

Location: 16119 Chicago Rd, Sandwich, IL 60548
Directions: US-34 to Sandwich, IL to Latham St (stop light), then 5 miles north to Chicago Road, then west 1 mile. Trailers welcome.

HELD THE FIRST SUNDAY OF EACH MONTH. NEVER CANCELS!!!

Tools & Misc Items will begin at 8 a.m.

Lumber will begin at 10:30 a.m.

Doors & Windows will begin around 1 p.m.

Restrooms/Food/Weather Shelter provided.

Contact the owner - Greg Gavin - for more info:
815-509-8018

Gavin Auction Terms: Cash or Good Check. Visa, MC & Discover. 5% Buyers Premium. 5% Deducted with Cash or Check. 6-¼% sales tax must be applied. Items not removed after 7 days revert back to Gavin.



LAND AUCTION - 139 PI
Wednesday, November 20, 2019 at 6:00 p.m.
205+/- Acres Tillable Farmland - 2 Tracts - 139 PI

Auction Location: VFW Post 1486, 713 S Main St, Sandwich, IL 60548
Auction Directions: 5 blocks south of US-34 on Main St in Sandwich, IL.

Property Location: 17799 Pratt Rd, Sandwich, IL 60548
Property Directions: 1.5 mi north of US-34 & Latham St in Sandwich, IL.

205± Acres Farmland – 139 PI – All Tillable
Section 24 – Sandwich Twp – DeKalb Co, IL
Offered as CHOICE of TWO Adjoining 102+/- Acre Tracts

Sellers: Czerkies Family Partnership

Downloads: Flyer - Photos
205 Ac Aerial
- 205 Ac Soil - 205 Ac Topo
Tract 1 Aerial - Tract 1 Soil
Tract 2 Aerial - Tract 2 Soil

Soil Description (both tracts):

  • Catlin Silt Loam – 104.53 Acres (PI 138, Corn 187, Soybeans 59, Wheat 73)
  • Flanagan Silt Loam – 48.71 Acres (PI 144, Corn 194, Soybeans 63, Wheat 77)
  • Lisbon Silt Loam – 22.01 Acres (PI 136, Corn 188, Soybeans 59, Wheat 74)
  • Elpaso Silty Clay Loam – 9.53 Acres (PI 144, Corn 195, Soybeans 63, Wheat 66)
  • Thorp Silt Loam – 8.93 Acres (PI 126, Corn 170, Soybeans 55, Wheat 66)
  • Drummer Silty Clay Loam - 7.12 Acres (PI 144, Corn 195, Soybeans 63, Wheat 73)
  • Peotone Silty Clay Loam – 4.15 Acres (PI 123, Corn 164, Soybeans 55, Wheat 61)
  • Estimated Crop Yields Bu/A: Corn 188.1, Soybeans 60.0, Wheat 73.1
  • Overall Crop Productivity Index = 138.8

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

There is a pipeline bordering the farm on the east side that runs north & south.

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. Buyer will receive a credit at closing for the 2019 taxes due in 2020. The farm lease will be open for the 2020 crop year. Closing on or before December 26, 2019.

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


PUBLIC AUCTION
Saturday, November 23, 2019 at 10:00 a.m.
Skid Steer - Dump Truck - Can-Am UTV - Honda ATV - Household

Location: 236 N 9000W Rd, Bonfield, IL 60913
Directions: 1¾ miles south of Bonfield. Or, 8 miles west of Kankakee on IL-17, then ¼ mi north on N 9000W Rd.

Ken & Martha retired and they are selling items used in their landscape business along with many household items. The real estate will be auctioned at 12PM.

Click for Flyer - Click for Photos

Skid Steer—Truck—UTVs:
New Holland C190 Skid Steer, Track, Dsl, 609 hours, Enclosed Cab & ROPS, Heat & Air Conditioning, Bucket & Forks, SN: N6M443518. 1993 International 4900 Truck, 7.6L Dsl, 6 cyl, Auto, 4x2, 262k miles, Heat & A/C, 14’ Dump Body with Drop Down Sides, VIN: 1HTSDPPRXPH474725. 2012 Can-Am Commander XT Rotax 1000, 4x4, 1075 miles, 2-cyl, 4-stroke, 976cc, reverse, 2-seater, dump cargo box, front winch, roof, (2) windshields, AM/FM, turn signals. Honda Foreman S ATV, 4x4, 775 miles, 162 hrs. ABI Workman ATV Dump Trailer, tandem axle.

Landscape Equipment & Lawn Mowers:
Hustler Super Z XR-7 Zero-Turn Mower, 66” cut, 673 hrs, 37HP Kawasaki Engine. John Deere LA130 Riding Mower, 42” cut, 20HP Briggs/Stratton Engine. Harley Mx7H Skid Steer Power Box Rake, Hydraulic Angle, 84”, SN: 1352217. Wacker RD880 Roller, 36” Smooth Drums, Vibratory, 16HP, Gas, Open ROPS. McMillen X2755 Tree Auger, 36”. Skid Steer Tiller Attachment. Bradco Skid Steer Tooth Bucket. Kubota AT70S Rear Tine Tiller. Woods 720 3-pt Rotary Mower. Wacker Plate Compactor. Vicon 3-pt Seeder/Spreader. ABI TR3 3-pt Tractor Drag/Rake. Ryan Sod Cutter; Brown BedEdger F-781H, Honda 8HP. Montolit Paver Block Cutter. 22” Block Saw. 2-Wheel Tow Behind Sprayer w/Honda 5HP Engine. Wheelbarrows; Tow Behind Spreader. Assorted Yard Tools, Rakes, Shovels, Axes and more. Temporary Rain Above Ground Sprinkler System. 10+ Dandy Curb Bags, good condition. Assorted Paver Brick & Wall Block; Brick Cart. Pallet Full of Garden Hose, 100s of Feet. Receiver Attachment Hose Reel. Assorted 3” Discharge Hose; 15 Gallons of Antifreeze.

Misc Equipment:
Campbell Hausfeld Horizonal Air Compressor, single ph. (2) Fuel Tanks; Truck Bed Fuel Tank. Acetylene Torch & Cart.Pallet Jack, as-is. Reddy Pro 110 Torpedo Heater. Miller Millermatic 180 MIG Welder with Auto-Set & Cart, like-new. Titan 8-Gal Air Compressor, 5.5HP. Paslode Cordless 16ga Stapler, new-in-box.

NEON Lights:
Fat Tire, Kona Brewing, Corona Light, (2) Coors Light, Shock Top, Blue Moon, Miller Hot Dogs & Cubs, (2) Miller Lite, (2) Corona Extra, Corona, Bud Light, non-neon Schlitz Clock.

Household Items:
Wurlitzer Upright Piano. Dining Room Table w/6 chairs & matching China Cabinet. 4-Pc Queen Bedroom Set (Bed, 2 dressers & nightstand). Queen Bed & Nightstand. (6) Oak Wooden Chairs on castors. (4) Wooden Bar Stools. Large Wood Office Desk & Credenza. Small Modern Desk. Office Chairs. Kitchen Table & Chairs. Wooden Rocker; Upholstered Rocker. Haier Wine Fridge; Microwave. NordicTrack Commercial 1750 Interactive Treadmill, full color touchscreen, iFit. NordicTrack Excel Ski Machine. 18”x24” Combination Safe. M&M Toys, new-in-box. NEW Poly Floor Underlayment – 7 rolls. 175 sqft Armstrong Flooring, Hickory, new in box. RR Items. Kia Motors 5’x8’ Sign. Folding Picnic Table, poly, like new. Backpacker Van Wheelchair Lift. There will be many more Household Items not listed here!

This is a partial list of items!!!

Owners: Ken & Martha Bouk

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

Terms: Cash or good check with proper ID on day of sale. Nothing removed until settled. All items are being sold as is with no stated or implied warranty. Sale day announcements take precedence over printed material. Buyers are responsible for all items after sold. This is a LIVE auction, must be present to bid. NO BUYERS PREMIUM!


REAL ESTATE AUCTION - VERY NICE ESTATE!
Saturday, November 23, 2019 at 12:00 p.m.
Ranch Home - Large Heated Shop - 20 Acres (15 Tillable)

Location: 236 N 9000W Rd, Bonfield, IL 60913
Directions: 1¾ miles south of Bonfield, IL. Or, 4.5 miles north of Herscher, then east 2.5 miles on IL-17, then ¼ mi north on N 9000W Rd. Or, 8 miles west of Kankakee on IL-17, then ¼ mi north on N 9000W Rd.

OPEN HOUSE DATES: Sunday, October 20 & 27, 2019 from 1:00-3:00 PM

Ken & Martha Bouk have recently retired and will be selling their real estate and personal property on Saturday, November 23, 2019. Personal Property auction begins at 10:00AM. Real Estate auction begins at 12:00PM.

Downloads: Flyer - Photos - Aerial Map - Area Map - Tax Map - Tax Map2 - Tillable Soil Map - Topography Map

Home Features:
• 2400 SqFt Home with 420 SqFt Sunroom • House built in 1994 and the Sunroom added in 2011 • New Roof & Generator installed in 2014 • Open Floor Plan (Kitchen & Living Room) • Master Bedroom with walk-in Closet & Full Bathroom • Two Bedrooms on ground floor & addtl Bedroom in basement. • Total of 2 Full Bathrooms & 2 Half bathrooms, Tile Floor Heat • Hickory Hardwood Floors; Custom Crown Molding • Basement has 8’ ceilings, Full Kitchen, Rec Area, Pool Table & Bar • Whole House Fan • Two built-in Desks in the Office and built-in file cabinets • Kitchen equipped with stainless steel appliances (new in 2017), Quartz Countertops, Island, Desk & Table — open floor plan • Fireplace in the Living Room & Painted Mural (see photos) • Outdoor Stone Patio with Fireplace Pit • Very nice, well-manicured yard with plenty of shade trees

FBi Pole Building:
• 60 x 60 Heated Shop & Heated Concrete Floors, Large Workbench Area, Overhead HID Lighting • 48 x 60 Adjacent Shop, Unfinished, Gravel Floor • 1200 sq ft Finished Office, Full Kitchen, Bathroom within Shop • Hi-Def TV Antenna • (2)Tankless Water Heaters (for floor heat) • Business Ready or excellent storage opportunities • Separate Gas & Electric Meters from the house.

Additional Information:
• PIN: 08-07-34-400-013 • 20 Total Acres • A-1 Zoning (Agricultural) • Herscher School District • Salina Township - Kankakee County, Illinois • 2018 Taxes = $8,524.04 • Survey available on website • Land Acres: Homesite = 2.47 Ac, Tillable Farmland = 15.94 Ac, Other Farmland = 1.34 Ac, Public Road = 0.25 Ac, Total 20.00 Ac

Lot Dimensions: 300’ x 1322.87’ x 1470.1’ x 405.3’ x 1169.64’ x 918’

Real Estate Auction Terms: Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction. $25,000 earnest money deposit on day of sale in the form of cash or check and be capable of closing on or before January 10, 2020. Survey and Clear Title will be provided. Buyer will receive a credit at closing for the 2019 taxes due in 2020. The farm lease will be open for the 2020 crop year. The property is being sold as-is, where-is condition with no contingencies, guarantees, warranties expressed, implied, or subject to financing. Seller makes no representations or warranties concerning the property to be sold. Included in this sale and purchase price are all existing items permanently installed in the Property, free from liens, including plumbing; heating; HVAC equipment; lighting fixtures; water treatment systems; garage door openers and transmitters; television antennas; shrubbery, plantings; wall to wall carpeting; shades, blinds, window covering hardware, built-in air conditioners; and built-in appliances.

Seller’s Attorney: Neeley P. Regas
Regas, Gubbins & Regas
1 Dearborn Square, Suite 300
Kankakee, IL 60901
815-933-2600

Directions: 1¾ miles south of Bonfield.
4.5 miles north of Herscher, then east 2.5 miles on IL-17, then ¼ mi north on N 9000W Rd.
8 miles west of Kankakee on IL-17, then ¼ mi north on N 9000W Rd.
20 miles east of Dwight on IL-17, then ¼ mi north on N 9000W Rd.
65 southwest of Chicago.
75 miles north of Champaign.
25 mins from CSL Behring-Kankakee.

Owners: Ken & Martha Bouk

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


GAVIN TOOLS AND LUMBER AUCTION
Sunday, December 1, 2019 at 8:00 a.m.
Tools - Lumber - Doors - Windows

Location: 16119 Chicago Rd, Sandwich, IL 60548
Directions: US-34 to Sandwich, IL to Latham St (stop light), then 5 miles north to Chicago Road, then west 1 mile. Trailers welcome.

HELD THE FIRST SUNDAY OF EACH MONTH. NEVER CANCELS!!!

Tools & Misc Items will begin at 8 a.m.

Lumber will begin at 10:30 a.m.

Doors & Windows will begin around 1 p.m.

Restrooms/Food/Weather Shelter provided.

Contact the owner - Greg Gavin - for more info:
815-509-8018

Gavin Auction Terms: Cash or Good Check. Visa, MC & Discover. 5% Buyers Premium. 5% Deducted with Cash or Check. 6-¼% sales tax must be applied. Items not removed after 7 days revert back to Gavin.


We provide the highest level of Professional Auctioneering Service.


Richard A. Olson Associates
531 W. Bedford Road, Suite A, Morris IL 60450
PH (815) 942-4266


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