Illinois farmland to sell in Sept. 12 Murray Wise Associates auction

BLOOMINGTON, Ill., Aug. 5, 2014 /PRNewswire/ -- Approximately 294 acres of productive McLean County farmland will sell at auction Friday, Sept. 12, with Murray Wise Associates marketing the land and managing the auction.

"It isn't every day you see a Central Illinois farm like this with good soils, an excellent productivity record and on-site grain storage and sheds, as well as a house," said Kenny Schum, the Murray Wise Associates agent managing the auction. "The auction includes 272 tillable acres, with the cropland primarily on two of the three tracts. One is an 80-acre tract, of which 76 acres are tillable. The second tract consists of 207 acres, with 196 acres tillable."

The third tract has a country home, grain storage and machine sheds on 5.78 acres, Schum said.

"Taken as a whole, these three tracts make up a complete, self-contained operation. However, it may well be that an investor or someone who doesn't need the home and storage might bid on one or both of the land tracts," he said.

The farm is located in the Allin and Dale Townships, approximately 10 miles west of Bloomington.

Schum noted that the land is free of a lease contract for the 2015 growing season. "Because there is no lease after the current crop season, the new owner or owners will be free to farm this land for themselves or to negotiate a new lease," said Schum.

The auction will begin at 10 a.m. Friday, Sept. 12, at the Danvers Township Community Building in Danvers, Ill. Murray Wise Associates representatives will be available at the property Friday, Aug. 15, and Wednesday, Aug. 20, to provide detailed information and guide inspections.

Individuals seeking additional information may visit www.murraywiseassociates.com or call 800-607-6888. 

Murray Wise Associates LLC, headquartered in Champaign, Ill., is a leading national agricultural real estate marketing and financial advisory firm, with additional offices in Florida and Iowa.

For more information:
Carl Carter, 205-823-3273

SOURCE Murray Wise Associates