+/- 278.24 Acres, 3 Tracts, Grant, Ross, and South Ross TWPs. Vermilion County, IL. 10 AM, June 8th
Online pre-bidding begins Monday, June 5th, 2023, at 8:00 AM closing Thursday, June 9th, 2023 at the close of live the event.
+/- 278.24 Acres offered in 3 tracts
Grant, Ross, and South Ross, Twps. Vermilion County, IL.
Auction Time & Date:
Thursday, 10 AM, June 8th
ONLINE BIDDING AVAILABLE
Turtle Run Banquet Center
332 E Liberty Ln, Danville, IL 61832
Highly productive tillable land.
Sale is subject to the 2023 crop lease and CRP contracts.
Buyer receives sellers portion of the 2023 crop proceeds.
Open tenancy for 2024.
T2 Average Production History: Corn 213 Bushels; Soybeans 69 Bushels.
T3 Average Production History: Corn 197 Bushels; Soybeans 58 Bushels.
See attached APH sheet.
Tracts will be offered individually. No combination bids.
T1: SOLD, PRE AUCTION
T2: +/- 122 acres in total, +/- 122 effective crop land acres, 122.1 PI.
+/- 1.74 CRP acres expiring the fall of 2026.
The E half of the NW quarter and the W half of the NW quarter of section 5, T22N R11W, Grant TWP.
Vermilion County, IL. Assessor PIN #s: 09-05-100-002(42 Acres); 09-05-100-001 (80 Acres).
2022 payable 2023 real estate tax = $3,825.02 = $31.35 per acre.
T2 buyer will receive 100% of the 2023 cash rent proceeds at closing in the amount of $25,285.97.
T2 buyer will receive the sellers share of the CRP payment issued the fall of 2023 and all payments thereafter.
T3: +/- 76.23 acres in total, +/- 79.11 effective cropland acres, 115.2 PI
Located in part of section 8, T22N R11W, Ross TWP. Vermilion County, IL.
Assessor PIN #s: 09-08-100-003 (36.23 Acres); 09-09-200-003 (40 Acres).
2022 payable 2023 real estate tax = $2,338.84 = $30.68 per acre.
T3 buyer will assume the owners 50% share crop agreement obligation for the 2023 crop year. Buyer input reimbursements for T3, due to seller at closing, in the amount of $9,324.73.
Land Broker and Auctioneer, Travis Selby
IL Lic.# 441001485