Productive Tillable Farm Near Monee

Description

Property Location: 85.27 +/- acres in Will County, IL - S36/T34N/R13E

Auction Location: Grant Park Community Center, 209 West Dixie Hwy, Grant Park, IL 60940

Auction Date & Time: March 9, 2021 at 5:30 PM CST

The Lukanus farm offers an excellent opportunity to capitalize on a strong grain market, low-interest rates, and the demand for income-producing ground. This piece has 85.27 +/- taxable acres, of which 66 +/- acres are currently being farmed with open tenancy for 2021. The remainder is in pasture and some brush that could be cleared to gain tillable acres. It will be offered in two tracts consisting of 32.5 and 52.77 taxable acres. This farm is approximately 3.5 miles SE of Monee off Kedzie Ave and within 15 miles of Tinley Park, Matteson, and Frankfort, making it a great option to build a rural home while creating income. The tillable acres consist of Ashkum Silty Clay Loam, Markham Silt Loam, and Beecher Silt Loam.

Tract 1 - 32.5 +/- acres with 25 +/- acres of 116 PI tillable farm ground. This tract will provide a great return on investment that has excellent road frontage providing convenient farm access. In the northwest corner of this tract, there is a barn and 3+/- acre fenced pasture that could be cleared and farmed, if desired. This tract is a great place to build your dream home while also generating income. The tillable acres are made up of Ashkum Silty Clay Loam, Markham Silt Loam, and Beecher Silt Loam.

Tract 2 - 52.77± acres with 41+/- acres of 116 PI tillable farm ground. Another great ROI opportunity with primarily income-producing tillable acres. This tract also has excellent access for farming with road frontage. This is also a great piece to build a home and let the remaining acres churn income. The tillable acres are made up of Ashkum Silty Clay Loam, Markham Silt Loam, and Beecher Silt Loam.

Property Details

  • Tract 1 - 32.5 +/- taxable acres
  • 25 +/- tillable acres
  • Open tenancy for 2021
  • Fenced pasture with barn
  • Paved frontage access off Kedzie Ave
  • Great place to build a rural home
  • Tract 2 - 52.77 +/- taxable acres
  • 41 +/- tillable acres
  • Open tenancy for 2021
  • Excellent place to build a rural home
  • Paved road frontage off Kedzie Ave
  • Bidders may participate in the auction on site or online at Proxibid.com
  • On site bidders should bring a 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 unless otherwise noted
  • Announcements on the day of the sale shall 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 judgment

Auction Location: Grant Park Community Center, 209 West Dixie Hwy
Grant Park, Illinois 60940