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Virtual Live Auction:
Auction Time: Thursday, June 16th 10:00 AM CDT
Bidding Procedure
The property is being offered in three tracts. The Property will be offered in 3 individual tracts using the “Buyer’s Choice” method of sale, whereas the high bidder can purchase any individual tract or combination of tracts for their high bid. Should the high bidder not select all available tracts, the remaining tracts will be offered with another round of bidding. This process will repeat until all parcels have been chosen by a high bidder. Bidding will be in dollars per acre. Surveys for Tracts 1-3 will be completed by auction day and the final purchase prices for these tracts will be determined by multiplying the surveyed acreage by the high bid(s). The auction will be conducted live via the online bidding platform starting at 10AM CDT on June 16th.
Contact an MWA representative with any questions regarding the bidding procedure or property.
REGISTRATION
All bidders are required to register at www.MurrayWiseAssociates.com prior to the start of bidding. Once the online registration form is filled out it will be automatically sent to Murray Wise Associates for approval to allow bidding. Auction company may request a letter of recommendation from prospective bidder’s financial institution stating funds are available for the 10% deposit and that bidder has the financial capacity for final purchase.
Click Here To Register and Bid or View Live Auction.
The entire property to be offered at the Auction consists of approximately 260+- acres located at the northeast corner of 300 North Road and 1375 East Road, Douglas County, Illinois and consisting of three tracts described as follows:
Surveyed Acreage
Tract 1: 104.926± Acres
Tract 2: 91.461± Acres
Tract 3: 58.615± Acres
Total: 255.002± Acres
Note – Final purchase prices at the auction will be determined by multiplying surveyed acreage by the high bid(s).
Tract 1:
104.926± Acres consisting primarily of Milford silty clay loam. The weighted average PI is approximately 128.6. This tract includes 3 grain bins for storage.
Tract 2:
91.461± Acres consisting primarily of Milford silty clay loam. The weighted average PI is approximately 130. Easy access to a drainage ditch for future tiling projects.
Tract 3:
58.615± Acres. The primary soil type is Milford silty clay loam. The weighted average PI is approximately 128.8. This is a level, beautiful tract that lays just west of County Road 1475 East. This tract offers an incredible opportunity for buyers looking for quality Illinois farmland.
Directions
From Interstate 57 take Exit 203 (Arcola/Paris) travel east on State Route 133 for 4.3 miles to County Road 1375 East. Turn left/north onto County Road 1375 East, travel 1 mile, the farm will be on your right.
Douglas County, Illinois Farmland Auction from Murray Wise Associates on Vimeo.