158.25 Acre Cass County Farmland Auction · 3 Tracts · SOLD!

Auction Date: Friday, December 8 @ 11:00AM

Auction Location: St. Luke Parish Hall - 170 N. Main, Virginia

158.25 Acre Cass County Farmland Auction · 3 Tracts · SOLD!

These are strong income-producing farmland tracts in Cass County, Illinois with little waste in the form of non-productive acres. Tract 1 is on a center pivot irrigation system. Easy access is available from all weather roads. Soils tests indicate high fertility. Call 217.245.1618 to learn more!

Tract 1: 54.11 acres – Sold for $11,200/acre
– Center-pivot irrigation
– 95% tillable (52.61 tillable acres)
– 130 productivity index
– 2016 soils tests: pH 6.66, P 185, K 413
– Good access
– Taxes: $1,718.22

Tract 2: 75.35 acres – Sold for $9,300/acre
– 96% tillable (72.17 tillable acres)
– 132 productivity index
– 2016 soils tests: P 163, K 517
– Good access
– Taxes: $2,486.86

Tract 3: 28.79 acres – Sold for $6,500/acre
– 90% tillable (26.02 tillable acres)
– 115.5 productivity index
– 2016 soils tests: P 104, K 393
– Good access
– Taxes: $624.46

Location: 4.5 miles SW of Oakford or 7.5 miles NE of Chandlerville in Cass County (Sec29-T19N-R8W).

Topography: Level

Possession:  At closing

Seller: Sather Agriculture LP

Sales Terms (REVISED): Upon conclusion of auction, Sellers and Buyer(s) shall enter into a Purchase Agreement, with the Buyer(s) to pay ten percent (10%) of the purchase price as down payment. Balance due and payable on or before December 29, 2017. The property is free of any tenant’s rights for 2018. Seller will convey by Warranty Deed, and will furnish title insurance in amount of the purchase price. Sellers will pay the 2017 real estate taxes payable in 2018 by giving Buyer(s) a credit against the purchase price or by tax escrow. Procurement of financing shall be the sole responsibility of the Buyer(s) and must be obtained prior to the auction. Broker is acting as the Seller’s agent for Sather Agriculture LP and is not representing any Buyer(s). The property is being sold “AS IS” without representation or warranty expressed or implied. The property is being sold by the acre. Each tract to be sold separately and not offered back in any combination. Auctioneer reserves the right to set the bid increments. Sellers are not responsible for any accidents that may occur while inspecting the property. Buyer(s) should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to these properties. ANNOUNCEMENTS MADE BY THE BROKER AND/OR AUCTIONEER AT THE TIME OF SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.

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Allan Worrell is the Managing Broker for Worrell Land Services, LLC.