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Online Only Auction - 193.52 acres

Sold for $5,800 per acre!

Bidding Closes at 10:00 Am on September 30, 2023.

NOTICE: Set your Closing Date!! A flexible closing date in 2023 is available, please contact Logan Frye for details.

Field Level Agriculture, Inc. will be offering the Logan County Farm via an online-only, timed auction concluding at 10:00AM on September 30, 2023. The real estate consists of 193.52 +/- surveyed acres in Logan County, five miles northeast of Lincoln, IL.

Farm Details: 193.52 +/- surveyed acres. Large, contiguous, tract of mixed-use land with recreational, hunting, farm, and income producing acreage. Property is located five miles northeast of Lincoln, IL, with access provided from a private easement extending south from 2100th Street and road access from 2000th Street along a portion of the southern property line. Soils found on the tract include Sawmill, Lawson, Elburn, and Proctor with a tillable productivity index rating of 138.2. There are presently 154.40 acres enrolled into various CRP programs with average annual payments of $288.36/acre. At present, 10.20 acres are being row-cropped under an annual crop-share lease. A lot of potential with this exceptional offering!

The county real estate tax data indicates that this most recent tax bill was $1,565.64 or $8.07/acre.

The present owners are retaining the 2023 farm income (CRP and Cropland) and will be responsible for the 2023 farming expense and real estate tax due.

The Logan County Farm is a broker owned property, and notice is hereby given that this is broker owned real estate.