Land Auction | Bureau County, IL | Cropland - Tillable - Investment | 58.21 +/- Acres | #2696 Churchill Farm Holdings

   Add to Calendar 2024-11-13 13:00:00.000 2024-11-13 13:00:00.000 America/Chicago Land Proz Auction Section 26 of Arispie TWP - Offered as 1 Tract - 42 +/- Tillable Acres - 130.2 PI - Potential Building Site - SE of Princeton, IL Section 26 of Arispie TWP - Offered as 1 Tract - 42 +/- Tillable Acres - 130.2 PI - Potential Building Site - SE of Princeton, IL Jake Hofer jakehofer@landproz.com
Standard Format Auction
Under Contract
Type:
Under Contract
Format:
Standard Format Auction
Acres:
58.21 ±
County:
Bureau County
State:
IL
AuctionCast:
Wednesday, November 13, 2024 1:00 pm CST

58.21 Acres
Bureau County, IL

 

 

 

 

OWNER

Churchill Farm Holdings

 

AUCTION LOCATION

LandProz.com 

or 

In-Person at AuctionCast Studios:

1800 Roscoe Avenue, Zumbrota MN 

 

PROPERTY DESCRIPTION

LandProz is pleased to present the Churchill Farm Holdings Auction in Bureau County, IL. This farmland and investment property will be offered to the public to bid their price via LandProz AuctionCast at LandProz.com. Online bidding will open October 30, 2024.

Discover this desirable 58.21 +/- deeded acres in Bureau County, IL. This farm bolsters strong and productive soils with a 130.2 PI average. It has excellent access to multiple sides of the parcel. The cash rent from 2024 totaled $9,700 and $752 in CRP income. 

        

Please contact LandProz Broker Jake Hofer at 309-238-7545 for more information regarding this auction. 

 

PROPERTY FEATURES

• 58.21 +/- Deeded Acres

• 42.35 +/- Total FSA Acres

• 3.8 +/- CRP Acres [$198/acre and expires 9/30/29]

• 38.55 +/- Tillable Acres [rented at $251.62/acre]

• 130.2 PI 

• Prominent Soil Types: Greenbush Silt Loam & Rozetta Silt Loam

• 75% of acres are income-producing 

• Desirable/Potential building locations 

• Located near the Miller-Anderson State Park 

• Hunting opportunities

• 2 Timber draws running North & South

• CRP running along the East side of the soybean field 

• Electricity nearby

• Open tenancy 2025

• Located 12 miles South of Interstate 80 

• Real Estate taxes $1,484.24

 

TERMS

10% down [non-refundable] of earnest money on the day the auction ends, November 13, 2024. Earnest money will be held in the listing brokerage escrow account until closing. Only approved bidders will be registered to bid. Buyers will need to provide a letter of credit or proof of funds prior to bidding. Closing will be on or before December 30, 2024. Farm has open tenancy in 2025. Bidding is dollars per deeded acres. Any statements made the day of the auction take precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee it's accuracy.

 

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111 East Clark Street, Albert Lea, MN 56007 • 507-373-5660

Broker Brian Haugen – MN, SD, IA, WI, IL, KS, MO • Broker Auctioneer Greg Jensen – MN, IA – 24-21

Broker Tim Young – OH • Broker Andrew Fansler – IN

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