Norris & Cook Trusts Farm

Property Overview Details
SOLD
FOR $16,600/acre
County:
Logan, IL
Acres:
80 +/-
Type:
Farmland
Listing price:
$14,250/acre
Contact Information
Craig Thompson -
#6 Heartland Drive Suite A
Bloomington, Illinois
Phone: 309-665-0048
Email: Craig Thompson

Contract/Preliminary Title Work
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.

Disclaimer: The information provided is believed to be accurate and representative. It is subject to verification and no liability for error or omissions is assumed. There are no warranties, expressed or implied, as to the information herein contained, and it is recommended that all buyers make an independent inspection of the property. Plat Map reprinted with permission of Rockford Map Publishers, Inc.