Litchfield, IL Online Only Land Auction

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Description

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Litchfield, IL Online Only Land Auction

Bidding will end on Thursday, August 27th starting at 6:00pm CT. 

Macoupin & Montgomery Counties, Litchfield, IL 62056

 

88 +/- Acres To Be Offered in 2 Tracts

 

Lot 1 | Tract 1 63 +/- total acres, mostly all productive, tillable farmland. Ample road frontage. Predominant soil types include Herrick and Virden silt loans; Cowden – Piasa loam. 40 acres is located in section 25 of Cahokia Township Macoupin Co., 23 acres is located in section 30 of South Litchfield Township of Montgomery County. All of this land is contiguous with access off of Old Route 66. 

 

39.5 acres, Macoupin Co. 

parcel ID 03-000-498-00 

2025 Real Estate Taxes $1,449.28 

 

0.5 acre Macoupin Co. 

Parcel # 03–000–499–00 

2025 real estate taxes $18.36 

 

23 acres, Montgomery Co. 

parcel ID 15-30-300-001 

2025 Real Estate Taxes $1,128.40 

 

Directions to Tract 1: Located along Old Route 66 Litchfield, IL

 

Lot 2 | Tract 2 25.74 +/- acres, includes 20.13 +/- acres tillable and the balance is wooded recreational/hunting land. This property offers several quality building sites. In 2022 dry dams and tile were installed This property is located in section 10 of Mt. Olive township Macoupin Co. 

Parcel ID number 02-000-245-00 

2025 real estate taxes $572.90 

Directions to Tract 2: Located just 2 miles south of the Illinois Route 138 on Old Route 66. West side of the road.

 

Terms: 5% Buyer’s Premium. Following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the total contract price, (per tract) as a non-refundable down payment, payable to Community Title. The balance of the contract price will be due at closing which will take place on or before Friday, September 30th, 2026. The seller will provide title insurance for the full amount of the purchase price. The 2026 real estate taxes will be paid by the seller. Seller to retain the 2026 crop income. Buyer can take possession of the land after the 2026 crop has been removed. Buyers will be responsible for all subsequent Real Estate Taxes, Open Crop Lease for the 2027 crop year and beyond. Bidding is not subject to any contingencies, including, but not limited to financing, and appraisal or inspection of the property

Auctioneer

Legacy Realty and Auction

324A West Bethalto Drive
Bethalto, IL 62010

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Phone Number
618-781-3814
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