Recreational & Income-Producing Farm in Mercer County

Description

Ranch and Farm Auctions, a division of Whitetail Properties Real Estate, is honored to represent the Jean F Welch Estate in Greene Township, Mercer County, Illinois. The property will be offered in four tracts and will be selling absolute through public auction at 6:00 pm on Tuesday, November 9th, 2021, at the Mercer County VFW in Aledo, IL.  This diverse farm totals 259.76+/- acres and offers nearly 115 acres of row crop production, and over 64 acres currently enrolled in CRP.  The balance of the farm is made up of recreational timber and draws with an older pond, as well as older improvements consisting of a two-story home, and outbuildings.  All tracts of the farm have great access and host a variety of recreational opportunities as well as income.  All tracts will sell with open farm tenancy and will come with immediate hunting rights following the auction.  This farm truly offers something for everyone and will appeal to producers, investors, recreational buyers that desire income, and those that desire to potentially live in the country. All tracts being offered have road frontage and are easily accessible by well-maintained public roads.  The 2020 taxes (payable in 2021) were $4,114.02.

  • Nearly 69% of the property is income-producing
  • Great access for all tracts
  • Numerous recreational opportunities
  • Numerous building locations
  • Rolling topography
  • 3 miles to Viola, 8 miles to Aledo, 19 miles to Monmouth, 21 miles to Milan 

Tract 1 - 107.22 +/- acres   

This tract offers an attractive mix of income-producing tillable farmland, recreational timber, and a potential building location.  This property would be great for someone looking to purchase a quality hunting and recreational property while generating a solid income.  This tract has approximately 32.6 acres of tillable land, 30.05+/- acres of CRP income, and offers some great habitat for wildlife.  This property has 240th Street frontage on the west side that offers easy access and a great building site.

  • 32.6+/- acres of tillable land with an average PI of 117.1
  • 30.05+/- acres of CRP generating approximately $3,878 annually
  • CRP contracts expire 9-30-2021 & 9-30-2030
  • 240th Street frontage
  • Small drainages that offer seasonal water sources
  • Great access within the property
  • Quality hunting property with good surrounding habitat

Tract 2 - 41 +/- acres

This tract offers an older farmstead as well as income from tillable acres, CRP, and hay production area.  This tract has the potential to be turned into something special.  The current home on the property is an older 2 story farmhouse with a detached garage, metal shop building, and an older barn.  This tract has road frontage on two sides and is accessed off or either 240th Street or 75th Ave.  This tract offers income from 9.12+/- acres of CRP, 15.6+/- acres of row crops, and approximately 4.6 acres of hay.  This property also has the perfect area to fence off for livestock.    

  • 9.12+/- acres of CRP paying approximately $1,126 annually
  • CRP contacts expire 9-30-2021 & 9-30-2030
  • 15.6+/- acres of tillable land with an average PI of 115.5
  • 4.6+/- acres in hay production
  • Older improvements including home and outbuildings
  • Road frontage on 2 sides

Tract 3 - 50 +/- acres 

This tract has a great mix of farmland and CRP for a solid yearly income as well as a pond and potential building site.  The tillable acreage consists of approximately 16.7+/- acres of farmland, and 19.46+/- acres enrolled in CRP.  There is a suitable building location on either side of the pond, creating a great view of the pond, or the rolling topography.  The property is accessed off of 75th Avenue by an established lane and has good interior access.  This tract has good connecting habitat and has the perfect components to be a quality hunting property that can produce mature deer all while generating an annual income. 

  • 19.46+/- acres of CRP paying approximately $2,740 annually
  • CRP contracts expire 9-30-2021, 9-30-2022 & 9-30-2030
  • Approximately 16.7+/- acres of tillable land with an average PI of 112.9
  • Older pond with surrounding building sites
  • Small drainage on the property
  • Quality hunting property with good surrounding habitat
  • 75th Ave access on the south end

Tract 4 - 61.54 +/- acres

This tract is improved with an older Morton building and is approximately 90% income-producing!  FSA indicates this property has 50.01+/- acres of tillable land in row crop production and an additional 5.54+/- acres enrolled in CRP.  The predominant soils on this tract include Stronghurst, Rozetta, Fayette and Hickory-Sylvan silt loams, with the row crop acreage carrying an average productivity index of 112.2.  The farm has potential building sites and is easily accessed off of Highway 67 on the east side, or 75th Avenue on the north.  This farm would be a great addition to an existing farm operation or beginning farmer.

  • 5.54+/- acres of CRP paying approximately $716 annually
  • CRP contract expires 9-30-2030
  • FSA indicates 50.01 acres of row crops with an average PI of 112.2
  • Morton building with open lean-to
  • 90% income-producing
  • Taxes: $1,042.20

Auction Details

  • Bidders may participate in the auction on-site or online 
  • 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 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

Auction Location: MERCER COUNTY VFW
Aledo, Illinois 61231