SOLD!
Tract 1: $8,275/A
Tract 2: $7,525/A
Tract 3: $6,750/A
Tract 4: $5,725/A
Tract 5: $2,250/A
BROCHURE UPDATE: The boundaries of the SW corner of Tract 3 were drawn incorrectly in the brochure. Please see corrected map here > Tract 3.
PUBLIC AUCTION! The Loranda Group, Inc. is pleased to offer for sale the Lipshutz Partnership Farm, 373 acres located 4 miles SW of Milford, or 12 miles S of Watseka in Iroquois County, IL.
This property will be offered in five tracts at the November 9th auction. Tracts 1 - 4 are predominately tillable fields, while Tract 5 consists of 66 +/- acres that are ideal for recreation or hunting. According to the local Farm Service Agency, this property contains 309.9 +/- tillable acres with the balance comprised of timber, creek, roads, and side ditches. The predominant soil types are Bryce silty clay and Swygert silty clay loam while the P.I. is 115. The topography ranges from nearly level to gently sloping and the real estate taxes paid in 2020 were $8,456.20.
The 2:00 PM auction will be held at the Town and Country Event center, using the "Bidder's Choice with Privilege" method of sale . Bidding will not be conditional on financing and possession of the land will be given at closing. Finally, there is no lease in place for the 2022 crop year.
Bids on tracts will be taken live (at the auction site) and online utilizing the BidWrangler platform. To register for online bidding, click the "Online Bidding Information" link in the "Additional Information" section below anytime after October 20th. Note: You must be pre-registered at least 48 hours before the start of the auction.
For additional information, please download the brochure or contact John Moss at 800-716-8189 or loranda@loranda.com
