200 East Main, Fairfield, IL 62837 - Wayne County

Live and Online at Ranchandfarmauctions.com

Auction Date: 10/10/2023 Auction Time: 10:00 AM

Auction Location: RJ on Main, 200 East Main, Fairfield, IL 62837

Entire Farm Description:

Investors with a keen eye for potential will recognize the value of this property. The PI of 120.3 sets the stage for exceptional long-term income potential through agricultural pursuits. Furthermore, the opportunity to make strategic land investments or engage in future development endeavors only adds to the property's allure.

This is a rare chance to acquire 80+/- acres of prime Southern Illinois real estate boasting a strong Productivity Index (PI) Whether you're driven by farming aspirations, investment strategies, or the desire to own a piece of land with unparalleled agricultural potential, this property is your gateway to success. Contact us today to seize this opportunity and begin your journey towards reaping the rewards of this tillable land.

Details:

Deeded Acres: 80 +/- acres

FSA Farmland Acres: 79.65

Soil Types: Evansville silt loam, Bonnie silt loam, Zipp silt loam

Soil PI/NCCPI/CSR2: PI 120.3

CRP Acres/payment: No CRP

Taxes: $2279.08

Lease Status: Open Tenancy for 2024 crop year

Possession: Immediate possession subject to current tenants rights for 2023

Survey needed?: No survey needed

Brief Legal: S SE S23 T1S R9E Wayne Co, IL

PIDs: 16-23-017-013

Lat/Lon: 38.4168, -88.1712

Property Features:

- Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

- Onsite bidders should bring a government-issued ID

- 10% down payment immediately after auction - cash, personal, or business checks accepted

- If the 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 auction day will 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 the 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 judgments

- Soil PI 120.3

- Road frontage on 2 sides

- Evansville silt loam, Bonnie silt loam, Zipp silt loam

- Located NE of Fairfiled IL

- Near 100% tillable

- Great investment

- Open tenancy for 2024