| Date | November 17, 2026, 4:00 pm (America/Chicago) |
|---|---|
| Tracts | 1 of 5 |
| Type | Live with online bidding |
| Tract Status | Active |
| Auction Location | The Landing, 119 NE 3rd St, Fairfield, IL 62837 |
Tract 1 of 5
Description
Tract 1 Description:
Located just outside of Flora in Wayne County, Illinois, this 40± acre property offers a straightforward opportunity for anyone looking to add quality tillable ground to an existing farming operation or invest in productive agricultural land. The property features 37.46± acres of tillable ground with a strong 102.52 Productivity Index, making the tillable acreage the primary highlight of the farm. The size and layout make this tract easy to incorporate into a larger farming operation while still being substantial enough to stand on its own as an investment property. Road frontage provides convenient access for equipment, fieldwork, and overall property management. The location just outside of Flora adds another layer of convenience, putting the property close to town while maintaining the rural setting expected from agricultural ground. For a farmer looking to expand, an investor seeking productive land, or someone wanting a manageable tract of quality tillable acreage, this 40± acre Wayne County property offers a clean and practical opportunity with strong soil productivity and excellent accessibility.
Tract #: 1
Deeded Acres: 40±
FSA Farmland Acres: 37.46±
Soil Types: Bluford silt loam , Hoyleton silt loam
Soil PI/NCCPI/CSR2: PI 102.52
CRP Acres/Payment: No CRP
Taxes: $764.32
Lease Status: Open for 2027
Possession: Upon closing
Survey Needed?: No Survey needed
Brief Legal: SW ¼ SE ¼ S1 T1N R6E
PIDs: 1101001013
Lat/Lon: 38.54750 / -88.47770
Zip Code: 62823
Terms of Sale
BUYERS PREMIUM: No buyer’s premium or internet fees
TAXES: Prorated to date of close
TENANCY: Open tenancy for 2027
RENTS: Seller to retain 2026 crop proceeds
MINERALS: Seller-owned rights will convey
CLOSING COSTS: Seller to provide title search and title insurance, balance split 50/50
CLOSING DATE: On or before 30 days from seller acceptance
DOWN PAYMENT: 10%
POSSESSION DATE: At closing
SURVEY: No
SELLER: Peterman
SALE ORDER: 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
Josh Malone, Illinois Land Specialist, Whitetail Properties Real Estate, LLC, 618.292.9183
Cody Lowderman, IL Auctioneer, 441.001255
