Prentice, IL 62612 - Morgan County

Located in the strong agricultural area near Prentice in the heart of Morgan County, IL, this Sealed Bid Sale is your chance at a 40.41 acre Class A farm that is nearly entirely tillable. This tract is exclusively comprised of Class A Sable and Ipava soils with an overall 142.6 Productivity Index Rating. The farmability is exceptional with no obstructions standing in your way. The farm also receives payments through involvement with the Orsted Wind Energy Project (past payment information available upon request). Cash rented for the 2025 crop season; buyer and seller will split evenly the 2025 cash rent income and real estate tax expense. Open for 2026 and beyond. Round out or expand your portfolio with this top-notch farm!

Property Location & Directions: Property is located along Route 123 approximately 4 miles South of Prentice in Morgan County, IL Section 31 Township 16N Range 8W.

Access: From Route 123 along the East

Acreage: 40.41 taxable acres, 39.82 USDA NHEL tillable acres

Productivity Index Rating: 142.6

Primary Soil Types: Sable and Ipava

Topography: Level

Tenancy: Cash rented for the 2025 crop season. Buyer and seller will split evenly the 2025 cash rent income and real estate tax expense. Open for 2026 and beyond.

Parcel Numbers: 06-31-100-002 & 06-31-200-007

2024 Real Estate Taxes (Payable 2025): $2,067.68

*************

Seller: Carol J. Grady Revocable Living Trust

Representing Attorney: Dan Beard, Bellatti Fay Bellatti & Beard 217-245-7111

Title Work: Preliminary title search is available on the Listing Brokerage's website.

Sealed Bid Process: Sealed bids are due by 4:00PM CST on Monday, July 28. There will not be a period when bids can be raised. Each interested party should submit their highest and best bid for consideration. It is the bidders responsibility to ensure bids are confirmed as delivered. Bids must be submitted on the form provided by the Listing Brokerage. All bidders will be notified no later than end of day Tuesday, July 29.

Possession & Terms Summary: Upon approval of bid, the winning bidder will enter into a contract with the Sellers no later than Tuesday, July 29. Buyer shall submit 10% down in earnest money payable to West State Title Co., 230 W. State, Jacksonville, IL 62650. The balance will be due at closing which will take place on or before Monday, September 8, 2025. Financing is the sole responsibility of the bidder. Any bid received is not conditional on financing. Possession will be given at closing subject to tenants rights. Seller will furnish title insurance in amount of the purchase price. The property is being sold AS IS without representation or warranty expressed or implied. The sale is subject to Seller approval. Seller is not responsible for any accidents that may occur while inspecting the property. Information was obtained from private and public sources with best efforts to express same as accurately as possible and is subject to individual verification. No liabilities for any inaccuracies, errors or omissions are assumed by the Sellers or their agent. Worrell Land Services, LLC is acting as the Sellers agent.