Farm Real Estate Sales in Illinois & Indiana

The Stoddard-Laughlin Farm offers 400+/- contiguous acres located one mile south and one mile east of Cullom, Illinois. The farm carries a 126.8 soil productivity Index and 382.98 FSA cropland acres. The farm has a 5 year yield historical yield average of 205 bushel per acre corn and 58 bushel per acre soybeans. The farm is leased for the 2022 crop year. The 2020 RE taxes paid in 2021 were ~$33.46 per acre. Contact Dan Patten at 309-530-1575 or dpatten@firstmid.com for additional information.

This farm is located between Dekalb and Belvidere, Illinois and 3 miles southwest of Kingston, IL along Glidden Road. The farm is 96% tillable with primary soils of Parr, Danabrook and Flanagan Silt Loam. The weighted average soil productivity index is 123. The farm has good fertility and a nice historic production history of 199 bushels/acre on corn and 57 bushels/acre on soybeans. 5.5 acres of the farm are contracted under the CRP (Conservation Reserve Program) program. The farm is classified as highly erodible by the FSA (Farm Service Agency) and has a high corn acreage base. Drainage tile and earthwork were completed on the farm in 1999, 2012, 2013 and 2021. The farm has no building improvements. Please contact Kevin Meiss at (309) 665 0056 or kmeiss@firstmid.com regarding your questions and additional information.

The Richard & Cynthia Norris Revocable Trust/Laura Cook Separate Property Trust Farm is located just north of Lincoln, Illinois, visible from Interstate 55 on 1900N Road ½ mile east of 1100E in Section 13 of West Lincoln Township. This prime Class A soils farm features nearly all tillable cropland, with ¼ mile road frontage along 1900N/1900th Street gently sloping northwest to southeast. The farm carries an estimated weighted soil productivity index of 139.4. Farm will be sold based on 80 real estate tax acres. There is a 25’ wide easement along the east side allowing access to a neighboring property. The farmland will be free of tenancy for 2022 crop. Current tenant will be reimbursed $10,231.29 for fertilizer and tillage performed after the 2021 harvest at closing. The fertility is optimal and the historical yields are excellent.

Closing to be on or before April 7, 2022 and 10% downpayment will be required at contract signing. Prospective buyers are strongly encouraged to request or download a complete brochure on the property. Contact Craig Thompson at 309-665-0048 or crthompson@firstmid.com for more information. Or call designated managing broker/auctioneer, David Klein for details at 309-261-3117 or dklein@firstmid.com

This offering will take bids only through March 2, 2022 by 1:00 PM, C.S.T. Receipt of bids/offers from prospective buyers will not close prior to this time. Only the top 4 bidders will receive the opportunity to have a final “highest and best” offer opportunity on March 4th, 2022. See our bidding procedures process for details on making an offer on this fine, prairie soils farm property.