554+/- Acres – Edgar County, IL – Investment Grade Farmland

Property Facts

Listing Number
MR2423554AU
Property Type
Auctions
Subtype
Farm Real Estate
Location
Kansas, Illinois, Edgar
Acres
554.15
Units
0
Market
IL East Central
Broker
Matt Rhodes
Status
Closed – Won

Property Description Comments

Six-tract Buyer’s Choice Auction of Investment Grade High Tillable Farmland with Open Lease for 2025

Property Details

Join us on Wednesday, February 5th, 2025, for a live-online Buyer’s Choice Auction featuring six tracts of land ranging from 64-325+/- surveyed acres located near Kansas in Edgar County, IL. Tracts 1, 2 and 3 are located northeast of Kansas featuring prime Class A soil types that are highly tillable. Tracts 4, 5 and 6 are located directly south of Kansas and make up a contiguous 325 +/- acre tract of land with excellent drainage. The farms are being offered with an open lease for the 2025 growing season with reimbursements for tillage, dry fertilizer and lime applied in the Fall of 2024. These farms have been maintained extremely well with fertilizer applications yearly across all acreage and soil tested on a 2-year cycle. The 3-year yield history across all of the acreage is 240 bu/ac for corn and 72 bu/ac for soybeans. This offering is a tremendous opportunity to buy an individual tract or combine multiple tracts for a larger investment-grade acquisition. The properties are conveniently located between Paris and Charleston, IL with proximity to IL Route 49, IL Route 16 and the nearby Prairie Wolf Solar Farm, rated the #1 net producing solar farm in Illinois.

Land Features

Tract 1:

  • 60.01 FSA Cropland Acres
  • 140.5 Soil PI, Drummer-Flanagan Primary Soil Types
  • Final acreage subject to survey
  • Near level topography

Tract 2 & 3:

  • 161.01 FSA Cropland Acres
  • 139.1 Soil PI, Drummer-Dana-Flanagan Primary Soil Types
  • 164.99 Surveyed Acres in total
  • Tract 2 82.534 Surveyed Acres, Tract 3 82.456 Surveyed Acres
  • Near level topography

Tracts 4, 5 & 6:

  • 318.55 FSA Cropland Acres
  • 129.5 Soil PI, Drummer-Wingate-Xenia-Russell Primary Soil Types
  • 325.03 Surveyed Acres in total
  • Tract 4 & 5 each 103.89 Surveyed Acres, Tract 6 117.25 Surveyed Acres
  • Gently Rolling Topography with natural drainage
  • Tract 5 contains farmable terrace system with drainage tile
  • Tile throughout property with main along grass waterway

Tracts 4-6 located within a mile of transmission lines and boundary of Prairie Wolf Solar Farm looking for current expansion opportunities; rated as the #1 net solar producer in Illinois! Prairie Wolf Solar LLC | Solar Farm in Kansas, IL

DOCUMENTS:

Values and Attributes

REIMBURSEMENTS FOR 2025 CROP:

Tract 1: $6,272.52 – Tillage, 100#MAP/150#Potash

Tract 2: $8,791.93 – Tillage, 100#MAP/150#Potash on stubble, 150#MAP/100#Potash on stalks, 9.8T lime

Tract 3: $8,873.06 – Tillage, 150#MAP/100#Potash

Tract 4: $10,899.04 – Tillage, 100#MAP/150#Potash on stubble, 150#MAP/100#Potash on stalks

Tract 5: $10,899.04 – Tillage, 100#MAP/150#Potash on stubble, 150#MAP/100#Potash on stalks

Tract 6: $14,827.91 – Tillage, 100#MAP/150#Potash, 90.05T lime

SOIL TEST INFORMATION: (Averages in lbs/ac)

Tract 1: March 2024 – 6.4 pH, 74 P, 378 K

Tract 2 & 3: May 2023 – 6.62 pH, 92.2 P, 406 K

Tract 4, 5, 6: March 2024 – 6.4 pH, 67 P, 292 K (East half of entire farm)

Tract 4, 5, 6: April 2023 – 6.85 pH, 79.2 P, 298 K (West half of entire farm)

Legal Description and Taxes

SELLER: Koller Family, Millikin Trust, Magna Trust, et al. 

2023 RE Taxes Pd 2024

Tract 1: $2,798.62, $46.64/ac

Tract 2: $3,620.32, $45.25/ac

Tract 3: $3,307.10, $41.34/ac

Tract 4 & 5: $6,952.76, $33.76/ac

Tract 6: $4,497.52, $39.24/ac

LEGAL DESCRIPTIONS (Survey available for all tracts)

Tract 1: 39.5844, -87.909; Pt. of the E 1/2 SE 1/4 of S12, T13N, R14W, of 2nd PM, Kansas Twsp., Edgar County, IL.

Tract 2: 39.5834, -87.9239; The W 1/2 NW 1/4 of S13, T13N, R14W, of 2nd PM, Kansas Twsp., Edgar County, IL.

Tract 3: 39.5834, -87.9191; The E 1/2 NW 1/4 of S13, T13N, R14W, of 2nd PM, Kansas Twsp., Edgar County, IL.

Tract 4: 39.5216, -87.9519; Pt. of the NE 1/4 of S3, T12N, R14W, of 2nd PM, Kansas Twsp., Edgar County, IL.

Tract 5: 39.5142, -87.9455; Pt. of the E 1/2 of S3, T12N, R14W, of 2nd PM, Kansas Twsp., Edgar County, IL.

Tract 6: 39.5157, -87.9394; Pt.. of the W 1/2 of S2, T12N, R14W, of 2nd PM, Kansas Twsp., Edgar County, IL.

DOWNLOAD TERMS AND CONDITIONS FOR THIS AUCTION HERE:

https://auctioneersoftware.s3.amazonaws.com/gflr/2025/1/J0q5o4ugDlW8p4FM1ymZMGH0.pdff

DOWNLOAD CONTRACT HERE: https://auctioneersoftware.s3.amazonaws.com/gflr/2025/1/-Z-UKWkUeMa7K5bcoJ6S4APv.pdf

PRELIMINARY TITLE COMMITMENT – TRACT 1: https://auctioneersoftware.s3.amazonaws.com/gflr/2025/1/Pm270fCJF19Y-hEJ1yBZHKOa.pdf

PRELIMINARY TITLE COMMITMENT – TRACT 3: https://auctioneersoftware.s3.amazonaws.com/gflr/2025/1/xFVglVCP9130gV-0Hlb2McW3.pdf

PRELIMINARY TITLE COMMITMENT – TRACTS 2, 4, 5, 6:

https://auctioneersoftware.s3.amazonaws.com/gflr/2025/1/ldvvzvz0gBl07vN1HyFUu3hn.pdf

Directions

Kansas is conveniently located at the intersection of IL Route 49 and IL Route 16 approximately 14 miles W of Paris, 13 miles E of Charleston, 30 miles NW of Terre Haute, 45 miles NE of Effingham, 55 miles SE of Decatur and 40 miles SE of Champaign. Nearby linkages include IL Routes 16, 49, 1 and 133 with proximity to I-57 and I-70.

From Kansas:
To Tracts 1, 2, 3: Go North 2 miles on IL Route 49 to 800th Road, Turn East (right) and travel 1 mile; Go East 1.25 miles on IL Route 16 to 250th Street, Turn North (left) and travel 1 mile

To Tracts 4, 5, 6: Head straight South out of Kansas on 125th Street for 2 miles and farm is on West side of road
To Tracts 4, 5, 6: From IL Route 49 – Turn East on CR 850N (Coles Co.) and travel 2 miles east (Coach Road in Edgar Co.)

Brochure

https://auctioneersoftware.s3.amazonaws.com/gflr/2025/1/cMe80n3UJfAz1NXEW4v0oC_x.pdf

Online Auction

https://auctions.gfarmland.com/auctions/9599-554-acres-edgar-county-illinois-buyers-choice-auction

Broker Contact

Broker & Licensed Appraiser | Email: matt.rhodes@gfarmland.com | Office: (217) 251-7067 | Mobile: +1 2172517067