The Arthur C. Hiller Charitable Remainder Trust Farm Auction
Auction Property
Property Overview Details
SOLD
FOR $18,600/acre
County:
Kane, IL
Acres:
60.32 +/-
Type:
Farmland
Listing price:
Live Auction With Remote Bidding Options
Contact Information
Craig Thompson -
#6 Heartland Drive Suite A
Bloomington, Illinois
Phone: 309-665-0048
Email: Craig Thompson
LAND AUCTION – 08/10/2021
This productive and high percentage tillable northern Illinois farm is located in the path of progress, 1/2 mile east of IL Route 47 between Elburn & Sugar Grove, IL. This is an undulating tract of cropland and grass waterways along Hughes Road, between the Blackberry Creek and Widenoak subdivisions, just west of Hughes Creek Golf Club. FSA shows 53.54 cropland acres. A wetlands determination has not been completed and a conservation system is being actively applied for HEL soils. No buildings exist on the farm, but there are some mature hickory and other trees present.
The Seller will retain the 2021 cash rent and terminate the existing lease resulting in open lease rights for 2022 following the 2021 crop harvest. All mineral rights will be transferred to the Buyer that are owned by the Seller. The auction will be held at the Elburn Lions Club in Elburn at 10AM. Virtual online bidding will be offered to those wishing to bid remotely. Please contact Broker Craig Thompson at (309) 665-0048 or crthompson@firstmid.com for additional information.
Remote bidding for qualified bidders via our online bidding platform can be reached at our website a few days prior to auction or through the FirstMidAg App on your mobile device through the Apple or Google Play app stores. If you have any questions regarding the process, please contact Auctioneer, David Klein at 800-532-5263 or dklein@firstmid.com.
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.
