AUCTION +/- 50 Acres, 2 Tracts, Butler and Middlefork TWP. Vermilion County, IL. Nov 16th

Property Description

Sold at Auction
T1: $10,400/A

FARMLAND AUCTION
+/- 50 Acres, 2 Tracts, Butler and Middlefork TWP. Vermilion County, IL.

Auction Time & Date:
10:00 AM November 16th

Auction Location:
Turtle Run Banquet Center
332 E Liberty Ln, Danville, IL 61832

Excellent Farmland Investment Opportunity
Annual Wind Farm Payments
2022 Open Farm Tenancy

Property will be offered as 2 individual tracts.

T1: +/- 40 Acres, +/- 38.09 Tillable Acres, 123.6 PI.
Part of section 11, T22N R13W Butler TWP. Vermilion County, IL. Assessor PIN 07-11-300-001
2020 payable 2021 tax $1,134.02
Tract 1 is subject to a lease with Hoopeston Wind LLC.

T2: REMOVED FROM AUCTION
+/- 10 Acres, +/- 9.11 Tillable Acres, 112.5 PI
Part of section 2, T21N 13W, Middlefork TWP. Vermilion County, IL. Assessor PIN 12-02-376-006.
2020 payable 2021 tax $218.52

Wind Lease information:  See attached wind lease.

2021 payment $309.59 (.20/ft)
2021 payment $2,815.41 (property without turbine)

2022 payment estimated $315.78
2022 payment estimated $2,871.71
2022 total estimated payment of $3,187.50  payable April 2022.

Currently on year 6 of a 30-year lease.  Wind company has the right to renew for an additional 15 years.  The depth of the transition line is at least 48” below surface (4ft).
Lease will transfer to the new owner.

Contact Auctioneer Travis Selby 217.304.1686 IL Lic.# 441001485