Fayette County, Illinois Land Auction

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Auction Description:

Fayette County, Illinois Land Auction
Live and Online Auction
Auction Date/Time: December 15th, 2025 – 10:00am
Location: Mulberry Grove Community Park Building, 208 Colburn Drive, Mulberry Grove, Illinois 62262

The farm consists of 110 acres +/- is being sold as one tract, by the acre in Seminary Township.

Property Location
From the intersection of Maple St & IL Highway 40 in Mulberrry Grove, (Casey Gas Station). Travel east 1 mile to the intersection of IL Hwy 40 & 140. Turn east on IL Hwy 140 and travel east 1.2 mile to N 100th St. E. Turn south on N 100th St. E. and travel 2.4 miles and the farm will be on the west side of the road.

Secondary Public Access: The southwest corner of the property can be accessed on E 75th St from E. 900th Ave. This is a township road where a portion of it is unmaintained.

Auction Notes, Terms and Conditions
Auction Location: Mulberry Grove Community Park Building, 208 Colburn Drive, Mulberry Grove, Illinois 62262

Pre-Auction Property Viewing: Sunday, November 30th, 2025 from 11 a.m to 1 p.m at the farm.

The Property: The farm consists of 110 acres +/- is being sold as one tract, by the acre in Seminary Township. The property has road frontage and access off Township Road E. 100 St. N. The farm is a balance of tillable land and timber. The balance of timber vs. tillable land has not been determined due to the government shutdown of the U.S.D.A. Offices. That will be updated as soon as it is available.

Terms & Conditions: The Korte Farm will be sold by legal description/taxable acre, on a per acre basis. The buyer shall pay 10% down the day of sale with the balance being due within 30 days or less. Property sells with the confirmation of bid price by the seller. This will be a live auction with internet bidding available through Wheeler Live. Internet bidders must be preapproved 24 hours prior to the sale. Immediately following the conclusion of the land sale, we will write sales contracts and receive the escrow/earnest money of 10% down payment. Payment is non-refundable and made payable to Highland Community Title. The down payment may be paid in the form of personal check, business check, or cashier’s check. The remainder of the purchase price is payable at closing. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. Be sure you have arranged financing, if needed, and are capable of paying the balance at closing.

Closing: The closing will be on or before January 14, 2026 at the office of Highland Community Title, 901 Main St., Highland, Illinois 62249. Title work/title insurance and closing costs will be split 50/50 between the buyer and seller.

Possession and Tenancy: There are no tenant agreements in place for 2026. Possession will be given upon closing. If a non-farmer or investor purchases the land the current tenant would like to submit an offer to continue farming the tillable acerage.

Taxes: The seller will be responsible for the 2025 Taxes payable in 2026. The new owner will be responsible for the 2026 taxes and beyond. The 2024 taxes were in the amount of $1429.32.

Mineral Rights: The sale shall include 100% of the mineral rights owned by the sellers.

Easements: Sale of the property is subject to any and all easements of record.

Acreage/Survey: The property will sell using taxable acres and legal description. All acreages are approximate and accurate to the best of our ability using assessor’s maps, measurements, and legal descriptions. The selling price based on the acreage multipliers is final and no future adjustments in sale price will be granted to either the buyer or seller of said acreage or Tracts. Any need for a survey to close this agreement is at the sole discretion of the Seller. Any need for a survey by the Purchaser, to acquire funding or close this agreement will be paid for by the Purchaser.

Improvements: The property sells with one manufactured enclosed hunting blind that is elevated on a wooden frame and platform. Pictures are available on our website.

Agency:
Wheeler Auctions & Real Estate and its representatives are Exclusive Agents for the sellers.

Disclaimer:
The property is being sold on an “as is, where is” basis, and no warranty or representation, either express or implied, concerning the property is made by either the sellers or the auction company. Each bidder is responsible for conducting its own independent inspections, investigations, and all due diligence concerning the property and the auction. Information contained in this brochure is subject to verification by all parties relying on it. Diagrams/dimensions in this brochure are approximate. Acreage is estimated. All information contained in this brochure and any related materials are subject to the terms and conditions of sale outlined in the purchase contract. Auction conduct and bidding increments are at the sole direction and discretion of the auctioneer. All decisions of the auctioneer are final. The sellers and the Auction Company reserve the right to preclude anyone from bidding if there is a question as to the person’s credentials, fitness, intent, etc.

AUCTIONEER NOTE: The Korte Property represents the ideal opportunity to own a piece of rural Illinois. It provides some consistent income along with premier hunting and recreational possibilities. The Korte Family has owned the property for 16 years and have never harvested any timber. The stumps left from the last time, timber was harvested are quite deteriorated.

The property ideally located Northeast of the Greater St. Louis Area and just north of the Carlye Lake Fish & Wildlife Area. This farm is abundant with wild turkeys and mature whitetail deer. Check the website frequently as trail camera pictures will be updated periodically.
New Data, Corrections and Changes: Please arrive prior to scheduled auction time to inspect any changes, corrections or additions to the property information. ALL ANNOUNCEMENTS AND INFORMATION GIVEN FROM THE AUCTION PODIUM SHALL TAKE PRECEDENCE OVER PREVIOUSLY PRINTED OR STATED ADVERTISEMENT.

NO BUYERS PREMIUM FOR ONSITE BUYERS AT THIS AUCTION – what you bid is what you pay. Additional internet bidding fees apply for on line buyers.

Visit WheelerLive.com or call Paige Sayre 308-760-4333 for information regarding added online purchasing fees or registration questions.

SELLER:
Kevin & Joyce Korte

FOR MORE INFORMATION:
Chris Butcher
309-255-0123
IL RE Lic. 475.215042
IL Auc. Lic. 441.002014
Charlie Nordwald
636-795-4552
IL RE Lic. 471.012853
IL Auc. Lic. 441.000571
IL Auc. Firm 444.000408

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