40+/- Acre Wayne County, IL in 1 Tract

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Description

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40+/- Acre Wayne County, IL in 1 Tract

November 17th at 4:00pm CT

The Landing, 119 NE 3rd Street - Fairfield, IL 62837

Live auction with online bidding

Property Preview: By Appointment Only

 

Entire Farm Description:

Located in Wayne County, Illinois, just south of Johnsonville, this 40± acre property offers an excellent opportunity to add quality farmland to an existing farming operation or invest in a manageable tract of productive agricultural ground. The farm features 39± acres of tillable ground with a 96.78 Productivity Index, making the tillable acreage the clear highlight of this property. With nearly the entire farm consisting of open ground, the tract offers an efficient layout that can be easily incorporated into a larger operation while still maintaining the flexibility of a standalone investment. 

Road frontage provides convenient access for equipment and field operations, making the property straightforward to manage throughout the farming season. Its location just south of Johnsonville places the farm in a desirable agricultural area while keeping it close to the surrounding community and nearby amenities. 

For a farmer looking to add acreage, someone wanting to consolidate nearby ground, or an investor seeking a productive tract with strong agricultural appeal, this 40± acre Wayne County property offers a clean and practical opportunity. With 38.5± acres of tillable ground, a 96.78 Productivity Index, and road frontage, this is a property centered around productive farmland and ease of use.

Deeded Acres: 40

FSA Farmland Acres: 38.5±

Soil Types: Wynoose silt loam/ Bluford silt loam

Soil PI/NCCPI/CSR2: 96.78

CRP Acres/Payment: NA

Taxes: $876.02

Lease Status: Open 2027

Possession: Upon closing 

Survey: No survey needed

Brief Legal: SE ¼ SE ¼ S4 R6E T1S Wayne Co IL

PIDs: 04-04-004-003

Lat/Lon: 38.46245 / -88.53195

Zip Code: 62823

Terms of Sale

  • Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com
  • Onsite bidders should bring a government-issued ID
  • 10% down payment immediately after auction - cash, personal, or business checks accepted
  • If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
  • High bidder has 30 days to close unless otherwise noted
  • Announcements on auction day will take precedence over any prior announcements
  • This is a no contingency sale and is not subject to financing or additional inspections
  • Possession at closing, subject to tenant’s rights, if any
  • If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
  • All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

Sale Day Notes Info:

  • BUYERS PREMIUM: No buyer’s premium or internet fees
  • TAXES: Prorated to date of close
  • TENANCY: Open tenancy for 2027
  • RENTS: Seller to retain 2026 proceeds 
  • MINERALS: Seller-owned rights will convey
  • CLOSING COSTS: Seller to provide title search and title insurance, balance split 50/50

 

Licensing

WHITETAIL PROPERTIES REAL ESTATE LLC DBA RANCH & FARM AUCTIONS

115 West Washington, Ste 900, Pittsfield, IL 62363

Debbie S. Laux, Designated Managing Broker, License # 471.018541

Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332

Josh Malone, Illinois Land Specialist, Whitetail Properties Real Estate, LLC, 618.292.9183

Cody Lowderman, IL Auctioneer, 441.001255

Auctioneer

Ranch & Farm Auctions

115 West Washington Suite 900
Pittsfield, IL 62363

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Phone Number
217-922-0811
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