| 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 3 of 5
Description
Tract 3 Description:
Located in Wayne County, Illinois, this 27± acre property offers an excellent opportunity for anyone looking to add productive tillable ground to an existing farming operation or acquire a manageable agricultural investment. The property features 24± acres of tillable ground with a 104.81 Productivity Index, giving the farm a strong foundation for continued agricultural use and long-term value. With nearly the entire tract consisting of tillable acreage, the property is efficient to operate and easy to incorporate into a larger farming operation. Road frontage on two sides adds to the functionality of the farm, providing multiple access points for equipment and making field access and management straightforward. The manageable size makes this an appealing option for farmers looking to pick up additional acreage without taking on a much larger tract, while the quality of the tillable ground provides a solid investment opportunity for buyers focused on productive farmland. Whether you're looking to expand an existing operation, add to nearby acreage, or invest in a clean, usable farm tract, this 27± acre Wayne County property offers a straightforward opportunity centered around quality tillable ground, accessibility, and agricultural potential.
Tract #: 3
Deeded Acres: 27±
FSA Farmland Acres: 24±
Soil Types: Hoyleton silt loam
Soil PI/NCCPI/CSR2: 104.81
CRP Acres/Payment: No CRP
Taxes: $549.10
Lease Status: Open 2027
Possession: Upon Closing
Survey Needed?: No Survey needed
Brief Legal: In the NW ¼ NW ¼ S12 T1N R6E
PIDs: 1112013008
Lat/Lon: 38.54390 / -88.48770
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
