Champaign County, IL Land Auction – Gilmore
Monday, November 15, 2021 - 1:00 pm Central
Auction to be conducted as a virtual, online auction. If you need assistance with internet bidding, please contact our office at (844) 847-2161
$12,450 PER ACRE
TOTAL – $1,262,753.70
Champaign County, Illinois
101.426 Surveyed Acres • 1 Tract
The Bettye Gilmore farm is located approximately 8 miles southeast of Ivesdale, IL, or 10 miles northwest of Tuscola, Il, or 20 miles southwest of Champaign, IL. The property is further described as being located in the Southwest Quarter of Section 35, T17N•R7E, Sadorus Township, Champaign County, Illinois.
Bettye Gilmore Farm
The farm contains a total of 101.43 surveyed acres, will be sold as 1-tract and is a highly productive, nearly all-tillable farm with Class A soils. Farmers and investors, be sure to check out this Champaign County, IL farm.
- 101.426 Surveyed Acres
- FSA records maps 91.87 cropland acres
- Additional 2.99 CRP acres with an annual payment of $813 (contract expires 9/30/2026)
- Soil Productivity Index (PI): 134.1 (Class A)
- Soil types to include Flanagan, Drummer and Sawmill
- Road access along the south side from County Line Road and along the west side from County Road 400 East
Method & Terms
The Gilmore farm will be sold by the acre on the basis of 101.426 surveyed acres. Immediately following the auction, the successful buyer will be required to sign a real estate sale contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment, which will be held in escrow until closing. The balance of the bid price will be due at the time of closing on or before December 17, 2021. Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal, or inspection. The seller will provide title insurance in the full amount of the purchase price and pay the 2021 real estate taxes due and payable in 2022. The property sells free and clear of tenancy for the 2022 crop year. Possession will be given at the time of closing.
All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors, or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. The real estate is being sold “As Is”.
Real Estate Tax Information
drainage easement agreement
Bettye Gilmore Farm
Robert E. Kosic
Law Office of Kosic & Stout, P.C.
130 N. Locust St.
P.O. Box 112
Arcola, IL 61910
Kevin Haas (309) 264-7767