232.28 ACRES / STEPHENSON COUNTY, IL

Live & Online Auction

Categories:     LandReal Estate

Auction Date:

July 31, 2024 | 11:00 am

Auction Location / Nearest City:

2998 West Pearl City Road, Freeport, IL, USA

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Auction Description:

232.28 ACRES / STEPHENSON COUNTY, IL
Live and Online at Ranchandfarmauctions.com
Auction Date: 7/31/24 Auction Time: 11:00 AM CT
Auction Venue Location: Highland Community College Conference Center, Building H, 2998 W Pearl City Road, Freeport, IL 61032
Open House Dates and Times: 6/30/24 12:00 PM to 2:00 PM & 7/14/24 12:00 PM to 2:00 PM at 1511 W Becker School Rd, Freeport, IL 61032

Entire Farm Description:
We are excited to be able to offer a legacy farm in 5 tracts presenting a versatile mix of property sizes but all providing quality farm tracts with a productivity index between 131 – 140 range. The farm is located just south of Freeport, Illinois on West Becker School Road consisting of 232± to be surveyed acres. 75± acres on IL-26 has over 1,300 ft of road frontage within in a mile of large retailers and commercial businesses. The other 3 tillable tracts range in size from 39-64± acres. All tracts have good road frontage, making access easy. Original 4 bedroom 1 bathroom farmhouse with multiple buildings will be split off on 5 acres. Call the listing agent, Todd Henry, for questions or to schedule your private showing.

Tract 1 Description: 74.18± Acres
Located off of IL-26 and Becker School Road this property has 1,300+/- ft of road frontage giving this tract not only a great tillable tract but also a great investment for future development. This tract has a nice gentle roll and drainage and a PI of 140.96. Located within 1 mile of many large commercial buildings and employers. Close proximity to Menards, Walmart and Farm & Fleet. This location is prime with a daily traffic count of 5,550. Offering open tenancy for 2025. If you are looking to add to your current operation or looking to invest in high-quality acres you’re not going to want to miss out on this one!

Details:
Tract #: 1

Deeded Acres: 75.12±

FSA Farmland Acres: 74.18±

Soil Types: Plano silt loam, Osco silt loam, Drummer silty clay loam

Soil PI/NCCPI/CSR2: 140.96 PIU

CRP Acres/payment: No CRP

Taxes: $5,619.18

Lease Status: Open Tenancy for 2025 crop year

Possession: Immediate possession subject to current tenant’s rights for 2025

Survey needed?: Survey will be provided

Brief Legal: PT N ½ NE S13 T26N R7E

PIDs: 03-18-13-200-012

Lat/Lon: 42.2562 -89.632

Zip Code: 61032

Tract 2 Description: 39.25± Acres
Located on the north side of West Becker School Road, this 39.25± acre tract has good road frontage with easy access. This tract is presently an excellent tillable property with 38.04± acres of farmable ground (96.9% tillable). Productivity Index of 131. Good access coming off the road. This farm lays very well with a nice square shape and gradual slope. Offering open tenancy for 2025. If you are looking to add to your current operation or looking to invest in high-quality acres, you’re not going to miss out on this one.

Tract 3 Description: 64± Acres
Located on the south side of West Becker School Road this 64± acre tract has good road frontage with easy access. This tract is presently an excellent tillable property with 56.9± acre of farmable ground (88% tillable). Productivity Index of 131. This tract has an active CRP contract on the waterways. Good access coming off the road. This farm lays very well with a gradual slope. Offering open tenancy for 2025. If you are looking to add to your current operation or looking to invest in high-quality acres, you’re not going to miss out on this one.

Tract 4 Description: 49.5± Acres
Located on the south side of W. Becker School road this 49.5± acre tract has good road frontage with easy access. This tract is presently an excellent tillable property with 44.78± acres of farmable ground (98% tillable).Productivity Index of 131. This tract has an active CRP contract on the waterway. Good access coming off the road. This farm lays very well with a gradual slope. Offering open tenancy for 2025. If you are looking to add to your current operation of looking to invest in high-quality acres you’re not going to miss out on this one.

Details:

Tract #: 2,3 & 4

Deeded Acres: 2 – 39.25±, 3 – 64±, 4 – 49.5±

FSA Farmland Acres: 2 – 38.04±, 3 – 56.9±, 4 – 44.78±

Soil Types: Radford silt loam, Plano silt loam, Elburn silt loam, Warsaw silt loam,

Soil PI/NCCPI/CSR2: 131 average PI

CRP Acres/payment: TBD after survey

Taxes: TBD after survey

Lease Status: Open Tenancy for 2025 crop year

Possession: Immediate possession subject to current tenant’s rights for 2023

Survey needed?: Survey will be provided

Brief Legal: SE NW & SW NE & PT NE SE S13 T26N R7E

PIDs: 03-18-13-100-012

Lat/Lon: 2 – 42.253 -89.6411 3 – 42.2498 -89.6438 4 – 42.2539 -89.6389

Zip Code: 61032

Tract 5 Description: 5± acre Homestead
4 bedroom 1 bathroom farm house on 5 acres. Greeting you is a porch that gives great space off the front of the home. Upon entry you have an oversized family room with great natural light. The kitchen has good space and gives access to the full bathroom and laundry room. The main floor has a spacious main bedroom. Upstairs you’ll find 3 additional bedrooms that are nice size. The home has a new mini split HVAC system that provides heat and air conditioning to the house. The property has a 47×33 barn providing storage and a 47×35 open lean. There is a really unique turn-of-the-century barn that could be revitalized.

Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com
Onsite bidders should bring a government-issued ID
10% down payment immediately after auction – cash, personal, or business checks accepted
If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
High bidder has 30 days to close unless otherwise noted
Announcements on auction day will take precedence over any prior announcements
This is a no contingency sale and is not subject to financing or additional inspections
Possession at closing, subject to tenant’s rights, if any
If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
All information provided is derived from sources believed correct but is not guaranteed or warranted – Bidders shall rely entirely on their own information and judgments
Highly productive farm with a gradual roll
1,300 ft of road frontage on IL-26 Tract 1
Close proximity to commercial and retail locations
Nice shape farm with good access
A high % of tillable acres
Gradual rolling hills with CRP waterways
High Productivity Index
4 Bedroom 1 Bathroom Farmhouse Tract 5
Multiple Barns

232.28 ACRES / STEPHENSON COUNTY, IL

2998 West Pearl City Road, Freeport, IL, USA
Freeport, IL

Auction Location / Nearest City:

2998 West Pearl City Road, Freeport, IL, USA

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