308.45± Acre Farmland Auction · 4 Class A Tillable Tracts · Morgan County, Illinois

Farmland doesn’t get any better than this! Turn heads and a profit with one, some or all four of these exceptional Class A tracts near Franklin in Morgan County, Illinois.

These tracts are the stuff land-investment dreams are made of, boasting top-tier soil quality; remarkably high percentage of tillable acreage; outstanding production history; great location, farmability and access; and even lucrative non-crop income.

Buy one or buy them all in a Buyer’s Choice format. The first successful bidder will have the option to choose which tract(s) they wish to purchase at that price. If all four tracts are not selected, bidding will resume for the remaining tracts until all tracts have sold.

Possession will be granted at closing with the exception of the bins on Tract 3. Properties are free of tenant’s rights for the 2023 cropping season. 10% due upon contract signing; cash balance due at closing.

To learn more about these tracts, contact the Seller’s Designated Representative, Allan Worrell, at 217.473.3418 or AllanW@Worrell-LandServices.com.

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Tract 1: 91± Acres · 96.3% Tillable · Wind Energy Payments

Acreage: 91 taxable acres, 87.65± tillable acres
Productivity Index Rating: 140.7
Primary Soil Types: Ipava, Osco, Sable
Topography: Level to gently rolling
Estimated Wind Energy Payments: $45.00± per acre (no turbines present on this tract)
Parcel ID: 14-19-100-001
2021 Taxes (Payable 2022): $3,438.02
Directions to Property & Access: From Route 104 headed South out of Jacksonville, turn South on Wood Road then West on Barrows Road. Property is located at the corner of Barrows Road and Cully Road with access along the North from Barrows. Located in T14N-R9W-S19.

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Tract 2: 60± Acres · 99.9% Tillable · Wind Energy Payments

Acreage: 60 taxable acres, 59.92± tillable acres
Productivity Index Rating: 142.0
Primary Soil Types: Ipava, Sable
Topography: Level
Estimated Wind Energy Payments: $45.00± per acre (no turbines present on this tract) plus $0.30 per foot for approximately 1,320 feet of underground cabling with a 2% annual escalator
Parcel IDs: 14-29-100-003 & 14-29-300-001
2021 Taxes (Payable 2022): $2,454.82
Directions to Property & Access: From Route 104 headed South out of Jacksonville, turn West onto Rees Road then South onto Darley Road. Property is accessed from Darley Road along the West boundary. Located in T14N-R9W-S29.

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Tract 3: 76.93± Acres · 95% Tillable · Wind Energy Payments & Grain Storage

Acreage: 76.93 taxable acres, 73.09± tillable acres
Productivity Index Rating: 142.9
Primary Soil Types: Sable, Ipava
Topography: Level
Estimated Wind Energy Payments: $45.00± per acre plus $4,500.00 per turbine (of which there is one on this tract) and $0.30 per foot for roads and cables with a 2% annual escalator.
Grain Storage: Two 16,000± bushel bins. Bins are rented separate from the farm lease and will be available beginning September 2023.
Parcel ID: 14-14-300-004
2021 Taxes (Payable 2022): $3,599.24
Directions to Property & Access: From Route 104 headed South out of Jacksonville, go North on Flinn Road then East on Kenny Road. Property is accessed from Kenny Road along the North boundary. Located in T14N-R9W-S14.

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Tract 4: 80.52± Acres · 97.6% Tillable · Wind Energy Payments

Acreage: 80.52 taxable acres, 78.79± tillable acres
Productivity Index Rating: 136.9
Primary Soil Types: Hartsburg, Sable, Ipava
Topography: Level
Estimated Wind Energy Payments: $45.00± per acre (no turbines present on this tract)
Parcel ID: 15-16-300-002
2021 Taxes (Payable 2022): $3,023.98
Directions to Property & Access: Same as Tract 3 only slightly further East. Located in T14N-R8W-S16.

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Sellers: Hoelzer Farms LLC

Auctioneer: Darrell Moore · IL Lic. 440.000506 · 217.473.5486

Auction Format: In-person bidding. Phone bidding available upon request. The properties are being sold by the acre based on taxable acres and in a Buyer’s Choice format.

Wind Energy Documents: To view documentation regarding the Wind Energy Payments associated with these properties, click here.

Title Commitment: To view the title commitment, click here.

Sales Terms Summary: 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 at closing on or before November 4, 2022. Possession will be given at closing. Sellers will convey by Warranty Deed, and will furnish title insurance in amount of the purchase price. Sellers will pay the 2022 real estate taxes payable in 2023 by giving Buyer(s) a credit against the purchase price. 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 Sellers’ agent for Hoelzer Farms LLC and is not representing any Buyer(s). The property is being sold “AS IS” without representation or warranty expressed or implied. The sale is subject to Sellers’ approval. The property is being sold by the acre based on taxable acres. Property is selling as “Buyer’s Choice.” Auctioneer reserves the right to set the bid increments. Seller is not responsible for any accidents that may occur while inspecting the property. Buyer(s) should verify the information to their satisfaction. 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.

Information was obtained from private and public sources with best efforts to express same as accurately as possible and is subject to individual verification. No liabilities for any inaccuracies, errors or omissions is assumed by the owners or their agents. Boundaries on maps and photos are approximate. Worrell Land Services, LLC is acting as the seller’s agent.