Iroquois County Real Estate Auction

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Auction Description:

Iroquois County Real Estate Auction
Live and Online Auction
Auction Date/Time: December 10th, 2026 – 10:00am
Location: Ashkum Coliseum 117 E. Main Street, Ashkum, Illinois 60911

PROPERTY DIRECTIONS
Tract 1: From Interstate 57 at the Ashkum exit (County Road 2600 N), travel west approximately 1.7 miles to North 700 E. Road. Turn south and travel 1 mile to County Road 2500 N. Turn east and travel ½ mile. Tract 1 is located on the north side of the road.

Tract 2: From Interstate 57 at the Ashkum exit (County Road 2600 N), travel east ¼ mile to County Road 900 E. Turn south and travel 1 mile to County Road 2500 N. Turn west and travel ½ mile. Tract 2 is located on the north side of the road.

Pre-Auction Property Viewing
There will be no scheduled pre-auction viewing. Prospective buyers may view the property at their convenience and are encouraged to inspect the farms and conduct their own due diligence before auction day.

Iroquois County Real Estate Info.
Selling 309.72 ACRES± SELLING IN TWO TRACTS

“Productive Iroquois County Farmland | No 2027 Crop Lease”

The farms will be sold by the surveyed acre. An updated survey is forthcoming and will be posted as soon as it becomes available.

Tract 1: 131.85 surveyed acres±

Tract 2: 177.87 surveyed acres±

IMPROVEMENTS
Tract 1
Some Tile

Tract 2
12,000-bushel grain bin
Two 2,000-bushel grain bins
32′ × 28′ corn crib
Extensive Conservation Work, Tile, Risers, Catch Basins

AUCTION TERMS AND CONDITIONS
Procedure: Property shall be sold subject to confirmation of final bid of individual tracts, combination of tracts or entire offering by seller or sellers at the conclusion of the bidding process.

Down Payment: 10% Down day of auction with the balance due at closing in 30 days or less.

YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, be sure you have arranged financing, if needed, and are capable of paying the balance at closing.

Title: Title search, preparation and title insurance to be paid 50/50 by the Buyer and Seller.

Possession: Possession given at closing in 30 days or less. There are no tenant agreements in place for the 2027 crop year.

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 on record.

Acreage/Survey: Current acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos. A new survey will be conducted and acreages will be updated once available.

Taxes: The 2026 Iroquois County Property taxes will be paid by the sellers. The 2027 and all future taxes are to be paid by the new buyer(s).

Closing: Anticipated closing date shall be on or before Monday, January 11, 2027 or on a date mutually agreed upon between the buyer(s) and the sellers conducted at the office of Iroquois Title Company, 101 E. Cherry St, Watseka, IL 60970.

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.

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 BUYER’S PREMIUM FOR ONSITE BUYERS. WHAT YOU BID IS WHAT YOU PAY!

Additional internet bidding fees apply to online buyers.

Visit WheelerLive.com or contact Paige Sayre at 308-760-4333 for online bidding registration and information regarding internet buyer fees.

FOR MORE INFORMATION:
Chris Butcher
CALL NOW (309) 255-0123

Disclaimer: Please confirm with Wheeler Auctions & Real Estate the auction details. Auction time, location, terms, item descriptions and items on the auction are subject to change. Auction items on each auction may have different locations. Please verify all details regarding the auction on the listing company's website or with listing company as all auction information is subject to change at any time. Please confirm with the Auctioneer before the day of Auction any information that is important to you. SalesUSA.com is not responsible for any changes, errors, or omissions. View our Disclaimer, Terms of Use and Privacy policies.