Auction Date:
May 05, 2026 | 10:00 am Auction Location / Nearest City:
1200 East Jefferson Street, Macomb, IL 61455Featured items:
- Tract 1 is 75.60 acres +/- with 48.65 acres tillable
- Tract 2 is 32.27 acres +/- with 5.07 acres tillable
- Tract 3 is 41.45 acres +/- with 35.52 acres tillable
- Tract 4 is 84.34 acres +/- with 79.33 acres tillable
- Diverse soil types
- Excellent Potential
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Auction Description:
McDonough County, Illinois Land Auction
Live and Online Auction
Auction Date/Time: May 5th, 2026 – 10:00am
Location: Macomb VFW Post 1921, 1200 East Jefferson Street, Macomb, IL 61455
233.66 +/- ACRES OFFERED IN FOUR TRACTS BY THE ACRE
Tracts 1, 2, 3 & 4 consist of a total of 233.66 acres +/- and are currently in the process of being surveyed.
Tract 1 is 75.60 acres +/- with 48.65 acres being tillable according to USDA Records.
Tract 2 is 32.27 acres +/- with 5.07 acres being tillable according to USDA Records.
Tract 3 is 41.45 acres +/- with 35.52 acres tillable according to USDA Records.
Tract 4 is 84.34 acres +/- with 79.33 tillable acres according to USDA Records.
PROPERTY LOCATION
Tracts 1,2 and 3- From the int ersection of Grant St & Johnson St. (E. 1200th St., St. Francis Blacktop) in Macomb, travel south 2.5 miles and tracts 1,2 and 3 lie on the west side of the road in order, south to north.
Tract 4- From the intersection of U.S. Highways 136 & 67 on the east side of Macomb, travel south of U.S. Highway 67.
Travel south on U.S. Hwy 67 1.6 miles to North 1050th Rd. Turn east on North 1050th Rd and travel a half mile and the property lies on the south side of the road.
Pre-Auction Viewing
Tuesday, April 14, 2026 from 11AM to 1PM
Tract 1
Tract 1 consists of 75.60± acres, with 48.65 acres considered tillable according to FSA records. Situated along County Highway 1200 East and Township Road 950 North, Tract 1 offers excellent investment, recreational, and potential development opportunities.
The diverse soil types primarily consist of Rozetta Silt Loam, Birds Silt Loam, Fishhook Silt Loam, and Atlas Silty Clay. Portions of the tract may offer opportunities to increase tillable acreage with the implementation of appropriate conservation practices.
The western portion of the property is primarily wooded with areas of unimproved pasture, creating excellent wildlife habitat. The farm supports an abundance of wildlife, particularly deer and turkey. This region of McDonough County along the Troublesome Creek Bottom has developed a strong reputation for producing high-scoring whitetail bucks.
The tillable acres are currently under a cash rent contract for the 2026 crop year. The buyer will receive one-half of the 2026 cash rent payment totaling $3,816.00.
Ag lime was applied to the tillable acres in the fall of 2025.
Tract 2
Tract 2 consists of 32.27± acres, with 5.07 acres considered tillable according to FSA records. This tract is accessible from County Highway 1200 East and is comprised primarily of unimproved pasture and timber along Troublesome Creek.
This tract offers excellent recreational and hunting potential, truly making it a sportsman’s dream. The small portion of tillable acreage could continue to be row cropped, or may provide future opportunities for Conservation Reserve Program (CRP) enrollment or wildlife food plots. This tract also has a primitive barn that is well painted and in good condition for its age.
Like Tract 1, this area of McDonough County along the Troublesome Creek Bottom is well known for producing high-scoring whitetail bucks.
The tillable acreage on this tract is currently under a cash rent contract for the 2026 crop year. The buyer will receive one-half of the 2026 cash rent payment totaling $397.69.
Ag lime was applied to the tillable acres in the fall of 2025.
Tract 3
Tract 3 consists of 41.45 acres ±, with 35.52 acres considered tillable according to FSA records. The balance of the acreage is primarily waterways. This tract is accessible from Township Road 850 North.
The predominant soil types include Clarksdale Silt Loam, Fishhook Silt Loam, Atlas Silt Loam, and Ursa Silt Loam, offering a productive combination of soils suitable for row crop production.
The tillable acreage is currently under a cash rent contract for the 2026 crop year. The buyer will receive one-half of the 2026 cash rent payment totaling $2,786.18.
Ag lime was applied to the tillable acres in the fall of 2025.
Tract 4
Tract 4 consists of 86.15 acres ±, with 79.33 acres considered tillable according to FSA records. This tract is accessible via a gravel drive from Township Road 1050 North. The drive includes an easement providing access to a home located on 3.03 acres within this tract’s boundaries.
The primary soil type is Ipava Silt Loam, and the tract carries a Crop Productivity Index (CPI) of 134.5, indicating strong agricultural productivity.
The tillable acreage is currently under a cash rent contract for the 2026 crop year. The buyer will receive one-half of the 2026 cash rent payment totaling $6,700.
Ag lime was applied to the tillable acres in the fall of 2025.
Auction Notes, Terms and Conditions
Procedure: Property sells with the confirmation of bid price by the seller.
Down Payment: 10% Down day of auction with the balance due at closing on or before 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 & Tenancy: A cash rent tenancy agreement is currently in place for the 2026 crop year. The cash rent income will be divided equally between the Buyer and Seller. This amount will be calculated based on the total cash rent for Tracts 1, 2 and 3, divided by the USDA tillable acres within each tract to determine a per-acre rent value. This same calculation will be applied to determine the cash rent allocation for Tract 4. The buyer will be able to take possession of tillable acreage upon harvest of the 2026 crop. The new buyer will be able to take possession of non-tillable acreage upon closing.
Cash Rent to Buyer
The following is the cash rent the buyer will receive is divided into two payments on September 1st 2026, and December 1st. The following figures reflect the total cash rent payment the buyer will receive per tract purchased.
Tract 1 $3816.00
Tract 2 $397.69
Tract 3 $2786.18
Tract 4 $6700.00
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.
Taxes: The seller will be responsible for the 2025 taxes due in 2026. The 2026 taxes payable in 2027 will be prorated to the date of closing.
Acreage/Survey: The property will sell by surveyed acres. 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 the seller.
Auction Method: Tracts 1-3 will be sold on a price per acre basis using the surveyed acres. Tract 4 will be sold based on taxable acres, on a price per acre basis. All four tracts will be offered using the “Buyer’s Choice” method. Under this method, the high bidder may select any one tract or multiple tracts at their bid price. If the high bidder does not elect to purchase all the tracts, the remaining tract(s) will be reoffered using the Buyer’s Choice method until all tracts have been sold.
Closing: Anticipated closing date shall be on or before June 4, 2026 or on a date mutually agreed upon between the buyer(s) and the sellers conducted at the office of Terrill Abstract & Title Co., LLC, 117 South Side Square, Macomb, IL 61455.
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 BUYERS PREMIUM FOR ONSITE BUYERS AT THIS AUCTION—what you bid is what you pay. Additional internet bidding fees apply for online buyers.
Visit WheelerLive.com or call Paige Sayer 308-760-4333 for information regarding added online purchasing fees or registration questions.
SELLER:
Kenneth Cole Living Trust
FOR MORE INFORMATION:
Chris Butcher
309-255-0123
Auction Location / Nearest City:
1200 East Jefferson Street, Macomb, IL 61455Share this on:
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