Productive Tillable Farm in Mclean Co, IL

Live & Online Auction

Categories:     Land

Auction Date:

January 09, 2024 | 10:00 am

Auction Location / Nearest City:

204 South State Street, Saybrook, IL, USA

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Auction Description:

Productive Tillable Farm in Mclean Co, IL

73 ACRES / MCLEAN COUNTY, IL

Live and Online at Ranchandfarmauctions.com

Auction Date: 01/09/2024 Auction Time: 10:00 AM

Auction Location: Saybrook Community Center, 204 State St., Saybrook, IL 61770

Click here to view the flyer: https://ranchandfarmauctions.com/uploads/documents/tillable-farmland-with-wind-turbine-lease-in-mclean-co-il/Web-Flyer.pdf

Click here to bid: https://ranchandfarmauctions.nextlot.com/auctions/1549938/lots

This productive tillable farm is located approximately 4 miles North of Saybrook off of East 1400 N Road. The soil types are primarily made of Saybrook silt loam, Drummer and Elpaso silty clay loam and Lisbon silt loam and carries an Avg Productivity Index (P.I.) of 129.4. The 2023 corn crop yielded an impressive 220+ bu/Acre! The property has 10 years left on a wind turbine lease that provides a good additional annual income. This farm is ideal for the investor looking to add productive tillable land to their portfolio or would make a great addition to an existing farming operation!

Deeded Acres: 73+/- acres

FSA Farmland Acres: 73+/- acres

Soil Types: Saybrook silt loam, Drummer and Elpaso silty clay and Lisbon silt loam

Soil PI/NCCPI/CSR2: 129.4 Avg. P.I rating

Taxes: TBD

Lease Status: Open Tenancy for 2024 crop year

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

Survey needed?: No survey needed

Brief Legal: E ½ NW ¼ S5 T23N R6E

PIDs: Part of PIN: #25-050100-003

Lat/Lon: 40.4808, -88.5477

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 soils with a 129.4 P.I Rating     

Wind turbine lease providing $7,600 annual income

Very well maintained

Great access

220+ Bu/Acre on the 2023 corn crop

Productive Tillable Farm in Mclean Co, IL

204 South State Street, Saybrook, IL, USA
Saybrook, IL

Auction Location / Nearest City:

204 South State Street, Saybrook, IL, USA

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