SOLD!
Tracts 2 + 3: $9,100/A
Tracts 1 + 5: $8,500/A
Tract 4: $8,200/A
NEW INFORMATION: The current tenant has farmed the property for three years and following is the yield history: 2021 - Corn: 194, Beans: 62; 2022 - Corn: 208, Beans: 62; 2023 - Beans: 51
PUBLIC AUCTION! The Loranda Group, Inc. is pleased to offer for sale the Burke Trust Farm, 436 acres located 2 miles N of Byron, or 10 miles SW of Rockford in Ogle County, IL.
This property will be offered in five tracts at the March 12 auction. Tracts 1 - 4 are predominately tillable fields, while Tract 5 consists of tillable and pasture. According to the local Farm Service Agency, this property contains 346.09 +/- cropland acres with the balance comprised of woodlands, pasture, roads, and side ditches. The soil productivity index (P.I.) is 118.1 while the topography ranges from nearly level to sloping. The real estate taxes paid in 2023 were $10,248.22 and there is no lease in place for the 2024 crop year.
The 1:00 PM auction will be held at the PrairieView Golf Club Pavilion in Byron, 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.
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 March 1st. 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
