| 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 5 of 5
Description
Tract 5 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 strong agricultural value and future build site potential. The farm features 29.58± acres of tillable ground with a 99.4 Productivity Index, providing a solid foundation for continued farming and an excellent addition to an existing operation. The layout offers a manageable tract of productive ground while still leaving room for additional uses and future plans. Road frontage along one side of the property provides convenient access for equipment and day-to-day farming operations. One of the standout features is the potential build site, giving a new owner the opportunity to establish a home while maintaining acreage for farming or recreation. The combination of quality tillable ground and build potential makes this property especially versatile for someone wanting both an agricultural investment and a place to enjoy a country setting of their own. Located in the same desirable farming area as the surrounding tracts, the property remains 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 agricultural productivity, convenient access, and future potential.
Tract #: 5
Deeded Acres: 40±
FSA Farmland Acres: 29.58±
Soil Types: Bluford silt loam , Hoyleton silt loam
Soil PI/NCCPI/CSR2: 99.4
CRP Acres/Payment: No CRP
Taxes: $653.14
Lease Status: Open 2027
Possession: Upon Closing
Survey Needed?: No Survey needed
Brief Legal: NW ¼ NE ¼ S34 T2N R6E
PIDs: 1334019003
Lat/Lon: 38.57445/ -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
