Large Tillable Farm In Stephenson Co IL - 232.28 Acres

Auction Date31July

232.28 Acres / Stephenson County, IL

Auction Location:
2998 West Pearl City Road, Freeport, IL 61032
Auction Type:
Reserve
Auction starts in:
01 months, 17 days 21 hours 28 minutes
Auction Date:

Live and Online at Ranchandfarmauctions.com

Auction Date: 7/31/24 Auction Time: 11:00 AM CT

Auction Venue Location: Highland Community College Conference Center, Building H, 2998 W Pearl City Road, Freeport, IL 61032

Open House Dates and Times: 6/30/24 12:00 PM to 2:00 PM & 7/14/24 12:00 PM to 2:00 PM at 1511 W Becker School Rd, Freeport, IL 61032

Entire Farm Description:

We are excited to be able to offer a legacy farm in 5 tracts presenting a versatile mix of property sizes but all providing quality farm tracts with a productivity index between 131 - 140 range. The farm is located just south of Freeport, Illinois on West Becker School Road consisting of 232± to be surveyed acres. 75± acres on IL-26 has over 1,300 ft of road frontage within in a mile of large retailers and commercial businesses. The other 3 tillable tracts range in size from 39-64± acres. All tracts have good road frontage, making access easy. Original 4 bedroom 1 bathroom farmhouse with multiple buildings will be split off on 5 acres. Call the listing agent, Todd Henry, for questions or to schedule your private showing.

Tract 1 Description: 74.18± Acres

Located off of IL-26 and Becker School Road this property has 1,300+/- ft of road frontage giving this tract not only a great tillable tract but also a great investment for future development. This tract has a nice gentle roll and drainage and a PI of 140.96. Located within 1 mile of many large commercial buildings and employers. Close proximity to Menards, Walmart and Farm & Fleet. This location is prime with a daily traffic count of 5,550. Offering open tenancy for 2025. If you are looking to add to your current operation or looking to invest in high-quality acres you’re not going to want to miss out on this one!

Details:

Tract #: 1

Deeded Acres: 75.12±

FSA Farmland Acres: 74.18±

Soil Types: Plano silt loam, Osco silt loam, Drummer silty clay loam

Soil PI/NCCPI/CSR2: 140.96 PIU

CRP Acres/payment: No CRP

Taxes: $5,619.18

Lease Status: Open Tenancy for 2025 crop year

Possession: Immediate possession subject to current tenant's rights for 2025

Survey needed?: Survey will be provided

Brief Legal: PT N ½ NE S13 T26N R7E

PIDs: 03-18-13-200-012

Lat/Lon: 42.2562 -89.632

Zip Code: 61032

Tract 2 Description: 39.25± Acres

Located on the north side of West Becker School Road, this 39.25± acre tract has good road frontage with easy access. This tract is presently an excellent tillable property with 38.04± acres of farmable ground (96.9% tillable). Productivity Index of 131. Good access coming off the road. This farm lays very well with a nice square shape and gradual slope. Offering open tenancy for 2025. If you are looking to add to your current operation or looking to invest in high-quality acres, you’re not going to miss out on this one.

Tract 3 Description: 64± Acres

Located on the south side of West Becker School Road this 64± acre tract has good road frontage with easy access. This tract is presently an excellent tillable property with 56.9± acre of farmable ground (88% tillable). Productivity Index of 131. This tract has an active CRP contract on the waterways. Good access coming off the road. This farm lays very well with a gradual slope. Offering open tenancy for 2025. If you are looking to add to your current operation or looking to invest in high-quality acres, you’re not going to miss out on this one.

Tract 4 Description: 49.5± Acres

Located on the south side of W. Becker School road this 49.5± acre tract has good road frontage with easy access. This tract is presently an excellent tillable property with 44.78± acres of farmable ground (98% tillable).Productivity Index of 131. This tract has an active CRP contract on the waterway. Good access coming off the road. This farm lays very well with a gradual slope. Offering open tenancy for 2025. If you are looking to add to your current operation of looking to invest in high-quality acres you’re not going to miss out on this one.

Details:

Tract #: 2,3 & 4

Deeded Acres: 2 - 39.25±, 3 – 64±, 4 - 49.5±

FSA Farmland Acres: 2 - 38.04±, 3 - 56.9±, 4 - 44.78±

Soil Types: Radford silt loam, Plano silt loam, Elburn silt loam, Warsaw silt loam,

Soil PI/NCCPI/CSR2: 131 average PI

CRP Acres/payment: TBD after survey

Taxes: TBD after survey

Lease Status: Open Tenancy for 2025 crop year

Possession: Immediate possession subject to current tenant's rights for 2023

Survey needed?: Survey will be provided

Brief Legal: SE NW & SW NE & PT NE SE S13 T26N R7E

PIDs: 03-18-13-100-012

Lat/Lon: 2 - 42.253 -89.6411 3 - 42.2498 -89.6438 4 - 42.2539 -89.6389

Zip Code: 61032

Tract 5 Description: 5± acre Homestead

4 bedroom 1 bathroom farm house on 5 acres. Greeting you is a porch that gives great space off the front of the home. Upon entry you have an oversized family room with great natural light. The kitchen has good space and gives access to the full bathroom and laundry room. The main floor has a spacious main bedroom. Upstairs you’ll find 3 additional bedrooms that are nice size. The home has a new mini split HVAC system that provides heat and air conditioning to the house. The property has a 47x33 barn providing storage and a 47x35 open lean. There is a really unique turn-of-the-century barn that could be revitalized.


  • Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

  • Onsite bidders should bring a government-issued ID

  • 10% down payment immediately after auction - cash, personal, or business checks accepted

  • If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

  • High bidder has 30 days to close unless otherwise noted

  • Announcements on auction day will take precedence over any prior announcements

  • This is a no contingency sale and is not subject to financing or additional inspections

  • Possession at closing, subject to tenant’s rights, if any

  • If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

  • All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

  • Highly productive farm with a gradual roll

  • 1,300 ft of road frontage on IL-26 Tract 1

  • Close proximity to commercial and retail locations

  • Nice shape farm with good access

  • A high % of tillable acres

  • Gradual rolling hills with CRP waterways

  • High Productivity Index

  • 4 Bedroom 1 Bathroom Farmhouse Tract 5

  • Multiple Barns

Auction Location:
2998 West Pearl City Road, Freeport, IL 61032
Auction Type:
Reserve
Auction starts in:
01 months, 17 days 21 hours 28 minutes
Auction Date:

Auction Documents

Real Estate Auction Terms and Conditions

Terms Of Sale

Thank you for participating in this auction. Please familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read and agree to the terms and conditions. By bidding you are representing that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card or paddle number and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder. The successful bidder will be required to execute a Sales Agreement at the conclusion of the auction and submit the appropriate down payment in a timely manner as instructed by the Auctioneer.

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Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quitclaim Bill of Sale unless otherwise noted in the Disclosures). The current year's taxes are prorated through the day of closing as is customary unless otherwise noted or announced on sale day.

Or in abstract states, the seller shall provide a continuation of the abstract of title thru the date of sale for the buyer or buyers attorney to examine.

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Tracts sold by the acre - The contract will indicate the current acreage, bid per acre and the high bid will be the current acreage multiplied by the high bid per acre. If a survey is required prior to closing that would result in a change to acreage, the contract will be adjusted to that acreage prior to closing and the purchase price will reflect that change in acreage.

If a survey is required, it is typically done immediately following the auction. The per acre bid at auction will then be multiplied by actual surveyed acres to determine the final sales price at closing. The purchase agreement and sales day announcements will identify the party responsible for survey cost.

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The information contained within is believed to be accurate, but Seller and Auction Company do not warrant any information contained within the description. All lines on maps are approximate and buyers should verify the information. All stated measurements including but not limited to acreage, sq footage, map dimensions, and/or sketches are stated for marketing purpose only unless it is stated that the measurements are verified by an independent surveyor or other source. All measurements shall be assumed to be approximate or more/less and obtained from sources to be considered reliable such as: government tax records, mapping software, assessor’s office records or FSA maps. Legal descriptions may be subject to existing fence/field boundaries. No warranty is expressed or implied as to the exact acreages of property. The purchase price based on these measurements entered on the purchase agreement is final unless buyer and seller have agreed otherwise in writing prior to signing. If exact acreage or square footage is a concern, the Property should be independently measured.

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Disclaimer:Online Bidding

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Auction Type

Live & Online

Subject to Seller Confirmation

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

Todd Henry, Illinois Land Specialist, Whitetail Properties Real Estate, LLC, 815.997.2256

Cody Lowderman, IL Auctioneer, 441.001255