Livingston County, IL Land Auction – Yeager
Tuesday, November 16, 2021 - 10:00 am 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
SOLD!
TRACT 1 – $12,500 PER ACRE
TRACT 2 – $14,200 PER ACRE
TRACT 3 – $14,200 PER ACRE
TRACT 4 – $14,200 PER ACRE
TOTAL – $4,445,666.00
Location
Livingston County, Illinois
322.71 Surveyed Acres • 4 Tracts
The Yeager land is located approximately 7 miles southeast of Streator, IL, or 20 miles west of Dwight, IL. The property is further described as being located in the South Half of Section 8, T30N-R4E, Newtown Township, Livingston County, IL.
Seller
Yeager Trust
Yeager Special Asset Trust
Georgia Jans – Trustee
Managed By
Kevin Haas (309) 264-7767
General Information
The property contains a total of 322.71 surveyed acres, and will be sold in 4-tracts which are all 100% tillable, highly productive, Class A farms.
Farmers and investors, what an amazing opportunity to purchase 320 contiguous acres at public auction!
Auction Brochure
Online Bidding
Aerial Tour
Tract 1 - 80.48 Surveyed Acres
- FSA records indicate 78.34 NHEL cropland acres
- Soil Productivity Index (PI): 134.3 (Class A)
- Soil types include Hartsburg and Arrowsmith
- Road access along the south side from E 3100 North Rd and along the west side from N 700 East Rd
Tract 2 - 80.52 Surveyed Acres
- FSA records should indicate approximately 79.6 NHEL cropland acres (split field)
- Soil Productivity Index (PI): 134.8 (Class A)
- Soil types include Hartsburg and Arrowsmith
- Road access along the south side from E 3100 North Rd
Tract 3 - 81.11 Surveyed Acres
- FSA records should indicate approximately 79.6 NHEL cropland acres (split field)
- Soil Productivity Index (PI): 135.8 (Class A)
- Soil types include Hartsburg and Arrowsmith
- Road access along the south side from E 3100 North Rd
Tract 4 - 80.60 Surveyed Acres
- FSA records should indicate approximately 79.3 NHEL cropland acres (split field)
- Soil Productivity Index (PI): 136.7 (Class A)
- Soil types include Arrowsmith and Hartsburg
- Road access along the south side from E 3100 North Rd and along the east side from N 800 East Rd
Method & Terms
A survey will be completed on all tracts prior to the auction and will be sold by the acre based on the surveyed acres. All 4-tracts will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can purchase (in any order) any or all of the tracts for their high bid. “Buyer’s Choice“ auctioning will continue until all 4-tracts have been elected. The tracts will not be offered in their entirety at the conclusion of the auction.
Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price as a non refundable down payment. The balance of the bid price will be due at closing, on or before December 31, 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. Possession of the farmland will be given at the time of closing, subject to a farm tenancy lease for the 2021 crop year - full possession upon the removal of the 2021 growing crop.
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”.
Soil Test Results
Tract 1 - West Half
- pH 6.4
- P 68#/A
- K 351 #/A
- pH 6.2
- P 95#/A
- K 390 #/A
- pH 6.4
- P 93#/A
- K 388 #/A
- pH 6.5
- P 68#/A
- K 366#/A
Tax Information
Tract 1 -
- PIN 02-02-08-300-005
- 79.21 acres
- $2940.54
- PIN 02-02-08-400-001
- 239.45 acres
- $9804.80
Yield History
Tract 1
Year | Corn | Beans |
2016 | 218 | 70 |
2017 | 255 | 64 |
2018 | 231 | 68 |
2019 | 204 | 64 |
2020 | 205 | 69 |
Year | Corn | Beans |
2016 | 235 | 74 |
2017 | 247 | 62 |
2018 | 227 | 77 |
2019 | 215 | 65 |
2020 | 201 | 79 |