Income Producing Farm With Tillable, CRP And Hunting

Description

This is an excellent income producing property that will also offer some recreational and hunting opportunities. 31.8 acres are currently in tillable production and 32.61 are in CRP through 9-30-2023 paying $6780 per year. Approximate cash rent of $175 per acre. Annual income on the farm is approximately $12,345. There is a shed on the property for equipment storage and electric is available. Camp Creek runs through the southwest corner of the property, and there are multiple access points on the west side of the farm from County Road 1250E.  Rural water is available and this property would make a great place to build.

Property Details

  • Auction Date: February 19, 2019
  • Auction Time: 6pm CST
  • Auction Location: American Legion, 119 N. Capitol Street, Mt. Sterling, Illinois
  • Bidders may participate in the auction on site or online at AuctionNetwork.com
  • Onsite bidders should bring government issued ID
  • 10% down payment immediately after auction - cash, personal or business checks accepted
  • If 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
  • 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
  • 3% Buyer's Premium
  • Brokers/Agents earn a commission by registering a successful buyer - call agent for details
  • Camp Creek runs through the southwest corner of the property
  • Small pond
  • Storage shed on property
  • Brushy draws with plenty of deer sign
  • 2 access points from the west
  • Electric is available
  • Rural water available
  • Great place to build
  • 32.61 acres CRP through 9-30-2023 paying $6780 per year
  • 31.8 acres tillable - approximate cash rent $175 per acre
  • Annual farm income is approximately $12,345

County Road 1200E
Versailles, Illinois 62378