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Tract 4 of 5

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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
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Tract 4 of 5


Description

Tract 4 Description:

Located in Wayne County, Illinois, just outside of Flora, this 40± acre property offers an excellent opportunity for farmers, investors, or anyone looking for a tract with both agricultural value and build-site potential. The farm features 36± acres of tillable ground with a 98.53 Productivity Index, providing a strong base for continued farming and an easy addition to an existing operation. With the majority of the property consisting of tillable acreage, the farm is efficient to operate and offers a clean, straightforward layout. Road frontage on two sides provides excellent access for equipment and creates added flexibility for field operations and future use. One of the standout features of this property is the potential build site, giving a new owner the opportunity to construct a home while still maintaining plenty of surrounding acreage. The combination of quality tillable ground and a potential homesite makes this tract especially versatile for someone wanting to farm while also enjoying a country setting of their own. It is close to Flora and nearby amenities while maintaining the rural atmosphere buyers are looking for. Whether you're looking to expand your farming operation, invest in productive acreage, or purchase a property with the flexibility to build, this 40± acre Wayne County tract offers a strong combination of productivity, access, and future potential.

Tract #: 4

Deeded Acres: 40±

FSA Farmland Acres: 36±

Soil Types: Bluford silt loam 

Soil PI/NCCPI/CSR2: 98.53

CRP Acres/Payment: NO CRP

Taxes: $736.70

Lease Status: Open 2027

Possession: Upon Closing 

Survey Needed?: No Survey needed

Brief Legal: SW ¼ SE ¼ S27 T2N R6E 

PIDs: 1327011008

Lat/Lon: 38.57880 /  -88.51525

Zip Code: 62878

 

 

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

 

Documents


Josh Malone
Representing Land Specialist
Josh Malone

Whitetail Properties Real Estate

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