294 +/- ACRES

Lawrence County Land – Denison & Lukin Township

Productive Land offered at Absolute Auction

Thursday, June 8^th at 6:00pm

Auction will be held at Lanterman Park, 349 Park Street, Bridgeport, IL

Seller: The Estate of Ruth D. Simms

Directions:  From Route 50 go south on the Bridgeport, IL blacktop (800E / Billet Road) approx. 7 miles

to Tracts 1 & 2. For Tracts 3, 4 & 5 go approx. 4 miles south on the Bridgeport, IL blacktop to Fillmore

Lane (600N) turn west & go 3.5 miles on Fillmore Lane to Tracts 3, 4 & 5.  Signs will be posted.

Click here to pre-bid on line

Tract 1

Denison Township     Sec 16 – T2N – R12W

80 +/- Acres with 79 +/- tillable.

The weighted average CPI is 123.7 – majority soil type on this tract is Patton.

• Base acres: Corn 38.78 / Beans 44.64
• PLC Yield: Corn 128 / Beans 42

Tract 2

Lukin Township     Sec 17 – T2N – R12W

94 +/- Acres with 83 +/- tillable.

The weighted average CPI is 119.8.

• Base acres: Corn 40.57 / Beans 46.69
• PLC Yield: Corn 128 / Beans 42

 

Tract 3 & 4

Lukin Township     Sec 36 – T3N – R13W

Tract 3 is 40 +/- Acres with 33 +/- tillable.

Tract 4 is 40 +/- Acres with 36 +/- tillable.

The weighted average CPI is 106.9.

• Base acres: Corn 33.92 / Beans 39.05
• PLC Yield: Corn 128 / Beans 42

Tract 5

Lukin Township     Sec 35 – T3N – R13W

40 +/- Acres with 21 +/- tillable.

The weighted average CPI is 91.7.

• Base acres: Corn 10.11 / Beans 11.63
• PLC Yield: Corn 128 / Beans 42

Terms and Conditions – A down payment of 5% will be required on the day of auction and the balance will be due at closing. All successful bidders will be required to enter into a purchase agreement at the auction site. Buyer(s) will receive possession of property after the removal of the 2023 crop. The farm is currently under a rental agreement for the 2023 crop year. The buyers will receive 1/3 of the crop income for 2023 with no expenses. Earnest money is non-refundable and will be forfeited if buyer fails to close and complete the contract. The buyers will receive the seller’s interest in the mineral rights. An online internet fee of 1/2% will be charged to successful online buyers. Go to www.rothrockauction.com to register online.

Absence of Warranties & Disclaimer – All information contained in this brochure, and related marketing materials, are subject to the terms & conditions contained in the Purchase Contract & Addendums. The property is being sold “As Is” and no warranty or representation either expressed or implied, concerning the property is made by the Seller or Auction Company. All acreages are approximate. Each bidder is responsible to perform their own due diligence concerning the property. Conducting the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons’ fitness or credentials. All decisions of the Auctioneer are final and any & all announcements made day of the auction take precedence over printed material or any other oral statements made.