Productive Tillable Acreage In Ford Co IL - 233.92 Acres
233.92 Acres / Ford County, IL
- Auction Location:
- 120 West 19th Street, Gibson City, IL 60936
- Auction Type:
- Reserve
- Auction starts in:
- 00 months, 10 days 21 hours 09 minutes
- Auction Date:
Live and Online at Ranchandfarmauctions.com
Auction Date: 09/10/2024 Auction Time: 10:00 AM CT
Auction Venue Location: Railside Golf Club, 120 W 19th St, Gibson City, IL 60936
Entire Farm Description:
It is our honor to bring the Wissmiller Family Farm to auction. The Wissmiller family has owned and farmed in Ford County for over 100 years. Up for auction are three separate tracts, approximately three miles east of Gibson City. Both Tract 1 and 2 are in Section 8 T23N R8E and Tract 3 is in Section 16 T23N R8E. Tract 1 is in the southeast quadrant of E 500N Rd and N 700E Rd. It consists of 73.92+ deeded acres with 1.91 ac of CRP. Tract 2 is 80+ deeded acres with 4.71 ac of CRP. Tract 3 is a half mile south of IL-9 on N 800E Rd. It consists of 80+ deeded acres with 1.23 ac of CRP. All three tracts have an average PI between 108 to 117. The two main soil types are Bryce Silty Clay Loam and Swygert Silty Clay Loam. This is a great opportunity to add high productive farmland to your family farm or portfolio.
Tract 1 Description: 73.92± acres
Tract 1 consists of 73.92+ deeded acres and is in the southeast quadrant of E 500N Rd and N 700E Rd in Sec 8 T23N R8E. There are two locations enrolled in a CP42 contract, totaling 1.91 with an annual payment of $438.00 through 9-30-2026. There is .84 acre located in the southwest corner and 1.07 acres located along the east side. The average PI is 117.9 and the two main soil types are Bryce Silty Clay Loam and Swygert Silty Clay Loam.
Details:
Tract #: Tract 1
Deeded acres: 73.92± acres
Soil Types: Bryce silty clay, Swygert silty clay loam
Soil PI/NCCPI/CSR2: PI 117.9
CRP Acres/payment: 1.91ac $438.00 through 2026
Taxes: $2120.64
Lease Status: Open Tenancy for 2025 crop year
Possession: Immediate possession subject to current tenants' rights for 2024
Survey needed?: No survey needed
Brief Legal: Pt W ½ NW ¼ S8 T23N R8E Ford Co, IL
PIDs: 10-12-08-100-009
Lat/Lon: 40.46731, -88.32671
Zip Code: 60936
Tract 2 Description: 80± acres
Tract 2 consists of 80+ deeded acres located three miles east of Gibson City on IL-9 in Sec 8 T23N R8E. Tract 2 has two CRP contracts located on it totaling 4.71 acres. The first location is in the southeast corner, it is a CP42 planting consisting of 1.44 acres paying $324.00 annually through 9-30-2026. The second location is along the west side, enrolled in a CP33 planting consisting of 3.27 ac paying $848.00 through 9-30-2032. The average PI is 117.8 and the two main soil types are Bryce Silty Clay Loam and Swygert Silty Clay Loam.
Details:
Tract #: Tract 2
Deeded acres: 80± acres
Soil Types: Bryce silty clay, Swygert silty clay loam
Soil PI/NCCPI/CSR2: PI 117.8
CRP Acres/payment: 4.71ac $1,172 Through 2026, 2032
Taxes: $2334.36
Lease Status: Open Tenancy for 2025 crop year
Possession: Immediate possession subject to current tenants' rights for 2024
Survey needed?: No survey needed
Brief Legal: W ½ SE ¼ S8 T23N R8E Ford Co, IL
PIDs: 10-12-08-400-001
Lat/Lon: 40.45896, -88.31716
Zip Code: 60936
Tract 3 Description: 80± acres
Tract 3 consists of 80+ deeded acres and is located half mile south of IL-9 on N 800E Rd in Sec 16 T23N R8E. There are two locations enrolled in a CP33 contract totaling 1.23 ac with an annual payment of $276.00 through 9-30-2032. There is 0.77 acres located along the entire east side and 0.46 acres located along the west side. The average PI is 108.1 and the two main soil types are Bryce Silty Clay Loam and Swygert Silty Clay Loam.
Details:
Tract #: Tract 3
Deeded acres: 80± acres
Soil Types: Bryce silty clay, Swygert silty clay loam, Chatsworth silty clay
Soil PI/NCCPI/CSR2: PI 108.1
CRP Acres/payment: 1.23ac $276.00 Through 2032
Taxes: $2200.798
Lease Status: Open Tenancy for 2025 crop year
Possession: Immediate possession subject to current tenants’ rights for 2024
Survey needed?: No survey needed
Brief Legal: N ½ SW ¼ S16 T23N R8E Ford Co, IL
PIDs: 10-12-16-300-003
Lat/Lon: 40.44748, -88.30523
Zip Code: 60936
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
All three tracts are mostly tillable with additional CRP income
All three tracts are less than two miles apart
All three have great road access
Two CRP contracts expiring in 2026 and 2032
The average PI is between 108 and 117 with two main soil types being Bryce silty clay, Swygert silty clay loam
All three are located in Sec 8, 16 T23N R8E
Yield history can be provided upon request
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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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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If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are outbid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.
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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
Adam Crumrin, Illinois Land Specialist, Whitetail Properties Real Estate, LLC, 217.276.2334
Cody Lowderman, IL Auctioneer, 441.001255
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