Tract 1 of 3

Date June 26, 2025, 11:00 am (America/Chicago)
Tracts 1 of 3
Type Live with online bidding
Tract Status Active
Auction Location VFW, 1200 E Jefferson St, Macomb, IL 61455
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Tract 1 of 3

Description

Tract 1 Description: 28.58± Surveyed Acres

This tract consists of 28.58± surveyed acres of improved pastureland.  Access into the property is via owned access back to the main part of the property.  The property has a small older building located at the south end of the property.  There is a 3.5-acre pond in the middle of this tract that provides a water source for livestock as well as recreational fishing opportunities.  The property has quality fences and is turnkey and an ideal property to expand your cattle operation.  The pasture is currently rented for $100/acre.

Buyer shall receive 50% of the 2025 pasture rent at the time of closing.

Tract #: 1

Deeded Acres: 28.58±

CRP Acres/payment: No CRP

Taxes: TBD

Lease Status: Tenant farmer through December 31, 2025

Possession: Immediate possession subject to current tenants' rights for 2025

Survey needed?: No survey needed – already completed

Brief Legal: pt NW SW S25 and pt E ½ SE ¼ S26 T5N R2W McDonough Co IL

PIDs: 17-000-242-05 / 17-000-251-20

Lat/Lon: 40.38553 -90.58358

Zip Code: 61455

 

Terms of Sale

BUYERS PREMIUM: None

TAXES: Prorated to date of close

TENANCY: Tenant farmer through Dec 31, 2025

RENTS: Buyer Shall Receive 50% of the 2025 income

MINERALS: Seller-owned rights will convey

CLOSING COSTS: 50/50

CLOSING DATE: On or before 30 days from seller acceptance

DOWN PAYMENT: 10%

POSSESSION DATE: At closing

SURVEY: Already completed

SELLER: Daniel Lotz & Cynthia Lotz

SALE ORDER: Buyers Choice by the acre

SALE METHOD: Sells Subject to seller acceptance

Licensing

WHITETAIL PROPERTIES REAL ESTATE LLC DBA RANCH & FARM AUCTIONS

115 West Washington, Ste 900, Pittsfield, IL 62363

Debbie S. Laux, Designated Managing Broker, License # 471.018541

Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332

Tyler Sellens, Illinois Land Specialist, Whitetail Properties Real Estate, LLC,  217.440.4624 

Rod Shepard, Illinois Land Specialist, Whitetail Properties Real Estate, LLC, 217.801.5730

Cody Lowderman, IL Auctioneer, 441.001255

 

Documents

FSA Packet
Bid Now
Representing Land Specialist
Tyler Sellens

Whitetail Properties Real Estate

Representing Land Specialist
Rod Shepard

Whitetail Properties Real Estate

Other Tracts in This Auction
Active Tract 1 of 3
Tract 1 of 3

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Active Tract 2 of 3
Tract 2 of 3

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Active Tract 3 of 3
Tract 3 of 3

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