Logan County 976 A – Central Illinois

SOLD! 

Tract 1: $18,000/A 

Tract 2: $18,000/A 

Tract 3: $11,900/A

Tract 4: $18,200/A

Tract 5: $19,000/A 

Tract 6: $18,200/A 

Tract 7: $18,500/A

PUBLIC AUCTION!  The Loranda Group, Inc. is pleased to offer for sale the Hickey Family Farms, 976.36 acres located in Logan County, IL. This property will be offered in seven tracts utilizing the "Bidder's Choice with Privilege" method of sale at the September 14th auction. The Buyer(s) will receive the Landlord's share of the 2023 crops and will be required to reimburse the Seller at closing for the Landlord's share of the 2023 crop expenses.

Tract 1 is located 3.5 miles north of Beason, Illinois. The 160 acre parcel has 154.8 tillable acres and the predominant soil types on the farm are Sable silty clay loam, Ipava silt loam, and Plano silt loam.  The productivity index (P.I.) on the cropland acres is 140.2 and the average crop yields from 2018-2022 were Corn: 241 B/A and Soybeans: 64 B/A.

Tract 2 is located 0.5 mile southeast of Beason, Illinois. The 160 acre parcel has 155.7 tillable acres and the predominant soil types on the farm are Sable silty clay loam, Ipava silt loam, and Elburn silt loam.  The productivity index (P.I.) on the cropland acres is 140.4 and the average crop yields from 2018-2022 were Corn: 230 B/A and Soybeans: 68 B/A.

Tract 3 is located 2.5 miles northwest of Broadwell, Illinois. The 100.34 acre parcel has 78.39 tillable acres and the predominant soil types on the farm are Ipava silt loam, Keomah silt loam, and Tama silt loam.  The productivity index (P.I.) on the cropland acres is 128.4 and the average crop yields from 2018-2022 on Tracts 3 - 5 were Corn: 229 B/A and Soybeans: 75 B/A. This tract is improved with a barn, a shed, and 3 grain bins.

Tract 4 is located 2 miles northwest of Broadwell, Illinois. The 80 acre parcel has 79.15 tillable acres and the predominant soil types on the farm are Ipava silt loam, Osco silt loam, and Tama silt loam.  The productivity index (P.I.) on the cropland acres is 140.6 and the average crop yields from 2018-2022 on Tracts 3 - 5 were Corn: 229 B/A and Soybeans: 75 B/A.

Tract 5 is located 1.5 miles northwest of Broadwell, Illinois. The 169.88 acre parcel has 171.02 tillable acres and the predominant soil types on the farm are Ipava silt loam, Osco silt loam, and Tama silt loam.  The productivity index (P.I.) on the cropland acres is 142 and the average crop yields from 2018-2022 on Tracts 3 - 5 were Corn: 229 B/A and Soybeans: 75 B/A.

Tract 6 is located 3 miles west of Broadwell, Illinois. This 160 acre parcel has 150.6 tillable acres and the predominant soil types on the farm are Ipava silt loam, Osco silt loam, and Tallula-Bold silt loams.  The productivity index (P.I.) on the cropland acres is 136.1 and the average crop yields from 2018-2022 on Tracts 6 and 7 were Corn: 240 B/A and Soybeans: 78 B/A.

Tract 7 is located 2.5 miles west of Broadwell, Illinois. The 146.16 acre parcel has 136.53 tillable acres and the predominant soil types on the farm are Ipava silt loam, Osco silt loam, and Sable silt loams.  The productivity index (P.I.) on the cropland acres is 139.5 and the average crop yields from 2018-2022 on Tracts 6 and 7 were Corn: 240 B/A and Soybeans: 78 B/A.

At the 10:00 AM auction, all bidding will be in dollars per acre. Bidding will not be conditional on financing and possession of the land will be given at closing, subject to any remaining rights of the 2023 tenants.

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 September 1. Note:  You must be pre-registered at least 12 hours before the start of the auction.

To learn more about the property, please download the brochure and/or look under the "Additional Information" heading below. You can also call John Moss at 800-716-8189 or send an email to loranda@loranda.com.