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The Prince Family Farms Auction

Auction Property

2021 SB Tract 3 80

Property Overview Details
SOLD FOR $10,989.74/acre average
County: Livingston, IL
Acres: 253.5 +/-
Type: Farmland

Contact Information
Chad Hoke - #6 Heartland Drive Suite A
Bloomington, Illinois
Phone: 309-665-0960

LAND AUCTION – 03/29/2022

The Prince Family Farms are located 2 miles northwest of Cullom, IL or 16 miles east of Pontiac, IL. These farms will be offered at auction on March 29, 2022 at 10 a.m. as 3 tracts and sold using the “Choice and Privilege” auction method.

Tract 1:   93.5 +/- real estate tax acres with a soil PI of 126.1.
Tract 2:   80 +/- real estate tax acres with a soil PI of 127.8.
Tract 3 :   80 +/- real estate tax acres with a soil PI of 126.4.

Predominant soil types include Reddick clay loam, Ashkum silty clay loam, Peotone silty clay loam and Pella silty clay loam.  The tracts are leased for 2022 under a 50/50 crop share lease with Jim Kerrins.  Seller will assign the leases to the buyer(s).  Buyer(s) will receive 2022 crop income and pay crop expenses.  Buyer(s) will reimburse Seller for fertilizer applied in the fall – see brochure for details.  All 3 tracts are under Agreement with EDF Renewables – Livingston Wind Project LLC.  Please contact listing broker, Chad Hoke at 309-665-0960 or choke@firstmid.com for more information.

The March 29, 2022 Auction will be held at 10 A.M. at the Saunemin Village Community Building located at 70 North St, Saunemin, IL 61769.  Virtual online bidding will be offered to those wishing to bid remotely.

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.

If bidding online, please register the bid by 5:00 P.M. the night before the auction

Tract 1: Sold $11,400/acre
Tract 2: Sold $9,100/acre
Tract 3: Sold $12,400/acre

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.