+/- 99 Acres offered in 5 tracts, Elwood Twp. Vermilion County, IL. Thursday, 6:30 PM, May 18th
Online pre-bidding begins Monday, May 15th, 2023, at 8:00 AM closing Thursday, May 18th, 2023 at the close of live the event.
FARMLAND AUCTION
+/- 99 Acres offered in 5 tracts
Elwood Twp. Vermilion County, IL.
Auction Time & Date:
Thursday, 6:30 PM, May 18th
Auction Location:
Turtle Run Banquet Center
332 E Liberty Ln, Danville, IL 61832
Highly productive tillable land.
Income producing hunting tracts.
Excellent deer, turkey, and small game hunting.
Wooded creek frontage.
Large acreage homesites.
Sale is subject to the 2023 crop lease and CRP contracts.
T1 is a stand-alone tract. T1 will not be combined in combination bids.
T1: +/- 40.00 Acres; +/- 37.07 tillable acres, 128 PI, +/- 1.76 waterway acres.
Buyer receives $7,414.00 cash rent for the 2023 crop year paid to buyer, 50% payment at closing and 50% payment Dec 1st, 2023.
Part of section 11, T17N-R12W, Elwood Twp, Vermilion County, IL. Assessor PIN# 32-11-100-001.
2022 payable 2023 real estate tax: $1,687.92 = $42.20 per acre.
T2: +/- 20 Acres consisting of +/- 10 wooded acres and +/- 10 tillable acres, 117.7 PI
Buyer receives $1,497.00 cash rent for the 2023 crop year paid to buyer, 50% payment at closing and 50% payment Dec 1st, 2023.
Part of section 11, T17N-R12W, Elwood Twp, Vermilion County, IL. Assessor PIN# 32-11-100-003.
2022 payable 2023 real estate tax: $313.94 = $15.70 per acre.
T3: +/- 20 Acres consisting of +/- 12.2 wooded acres and +/- 7.8 tillable acres, 112.6 PI
Buyer receives $1,168.00 cash rent for the 2023 crop year paid to buyer, 50% payment at closing and 50% payment Dec 1st, 2023.
Part of section 11, T17N-R12W, Elwood Twp, Vermilion County, IL. Assessor PIN# 32-11-100-005.
2022 payable 2023 real estate tax: $246.90 = $12.35 per acre.
T4: +/- 15 Acres consisting of +/- 9.8 wooded acres, +/- 2.81 tillable acres, 114.6 PI.
+/- 3.09 CRP acres paying $846.01 annualy through the fall of 2026. Buyer receives 100% of the CRP payment issued fall of 2023 and beyond.
Buyer receives $420.00 cash rent for the 2023 crop year paid to buyer, 50% payment at closing and 50% payment Dec 1st, 2023.
Part of section 11, T17N-R12W, Elwood Twp, Vermilion County, IL. Assessor PIN# 32-11-100-009.
2022 payable 2023 real estate tax: $174.68 = $11.64 per acre.
T4 total income for 2023 = $1,289.93
T5: +/- 4 Acres consisting of +/- 1.13 wooded acres, +/- 2.87 CRP acres paying $785.78 annualy through the fall of 2026.
Buyer receives 100% of the CRP payment issued fall of 2023 and beyond.
Part of section 11, T17N-R12W, Elwood Twp, Vermilion County, IL. Assessor PIN# 32-11-200-009.
2022 payable 2023 real estate tax: $80.18 = $20.05 per acre
Land Broker and Auctioneer, Travis Selby
IL Lic.# 441001485
217-304-1686