Auction Information
Champaign Co., IL Farmland Auction
Auction
Auction Time: Tuesday, November 12th at 10:00 AM CT
Champaign Holiday Inn 101 Trade Center Drive Champaign, IL 61820
Bidding Procedure
The Property will be offered in an in-person and virtual online auction format in 4 individual tracts. Tracts 1-3 will use the Buyers Choice method of sale, whereas the high bidder at the conclusion of the first round of bidding can purchase either an individual tract or multiple tracts for their high bid. Upon completion of Tracts 1-3, Tract 4 will be offered individually. Bidding and livestream viewing will be available on our website. Bidding will be on a dollars per acre basis and the final purchase price will be determined by multiplying the high bid by the taxable (tracts 1 & 4) or surveyed (tracts 2 &3) acreage.
REGISTRATION
All online bidders are required to register on our website on or before Noon CT on Monday, November 11, 2024. Once ...
All online bidders are required to register on our website on or before Noon CT on Monday, November 11, 2024. Once the online registration form is filled out it will be automatically sent to Murray Wise Associates LLC for approval to allow bidding. Auction company may request a letter of recommendation from prospective bidders financial institution stating funds are available for the 10% deposit and that bidder has the financial capacity for final purchase.
Property Description:
175 Acres of prime Champaign County farmland, located just west of Champaign and south of Seymour, IL. This property is located in close proximity to Interstates 57 and 72. Each tract have average PIs of 142+.
Tract 1:
70 Acres located in Section 6 of Colfax Township of Champaign County, Illinois, primary soil types are Drummer silty clay loam, Flanagan silt loam and Elburn silt loam.
Tract 2:
38 Acres located in Section 8 of Colfax Township of Champaign County, Illinois, primary soil types are Drummer silty clay loam, Flanagan silt loam and Elburn silt loam.
Tract 3:
27 Acres located in Section 8 of Colfax Township, Champaign County, Illinois, primary soil types are Drummer silty clay loam, Flanagan silt loam and Elburn silt loam.
Tract 4:
40 Acres located in Section 6 of Tolono Township, Champaign County, Illinois, primary soil types are Drummer silty clay loam, Flanagan silt loam and Elburn silt loam.
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