Auction Information
55 Acres in Laura, IL
Combination Farm With Tillable, Timber And Hunting
Whether you are in the market to expand your current cattle and farming operation or looking for a property with a mix of recreational opportunities, this farm fits your needs. This property is located in the far northwest corner of the county between Laura and Elmore off of W. Lorance Road. The property has been used primarily for row crop, hay, and cattle production the last several years. Several newer fences have been built and there are currently about 11 acres of pasture ground being grazed. There are additional fences that have been built and with the addition of a few other sections of fence, you could graze everything but what is in hay and crop production. A seasonal creek runs through the middle of the property along with an older pond that provides a water source for livestock and wildlife throughout the year. Not only is this property a good income producing property but it ...
Whether you are in the market to expand your current cattle and farming operation or looking for a property with a mix of recreational opportunities, this farm fits your needs. This property is located in the far northwest corner of the county between Laura and Elmore off of W. Lorance Road. The property has been used primarily for row crop, hay, and cattle production the last several years. Several newer fences have been built and there are currently about 11 acres of pasture ground being grazed. There are additional fences that have been built and with the addition of a few other sections of fence, you could graze everything but what is in hay and crop production. A seasonal creek runs through the middle of the property along with an older pond that provides a water source for livestock and wildlife throughout the year. Not only is this property a good income producing property but it also offers great recreational opportunities whether you are looking for a weekend getaway or a quality hunting farm. There is a great food plot location on the southwest side of the property that is surrounded by thick bedding area and is easily accessible with good stand locations overlooking this area. The pond would make a great camping location with an established roadway leading up to the pond. If you are in the market for an investment property, looking to add to your current operation, or looking for a weekend getaway to hunt, give me a call today for more info or to schedule a private showing.
Property Features:
- Open House November 11, 2018, 1-3 pm CST
- Auction Date: November 27, 2018
- Auction Time: 12:00 pm/noon CST
- Auction Location: Princeville Heritage Museum, 325 N. Ostrom Avenue, Princeville, IL
- Bidders may participate in the auction on site or online at Auction Network.com
- Onsite bidders should bring government issued ID
- 10% down payment immediately after auction - cash, personal or business checks accepted
- This is a no contingency sale and is not subject to financing or additional inspections
- High bidder has 30 days to close
- Possession at closing, subject to tenant's rights, if any
- Licensed real estate brokers/agents who pre-register the successful buyer(s) at this auction can earn a 2% Contributing Broker Commission. Contact us for more details
- Approximately 24.8 acres of tillable farm ground
- 11 acres of pasture
- Several newer fences
- Several sections of fence have been built and with a few additional sections, you could expand the pasture to include everything but the tillable and hay ground for grazing
- Pond located in the center of the property - several other potential pond locations
- Great opportunity to expand a current cattle and row crop production
- Good deer hunting
- Food plot locations
- Good connecting habitat
- Great areas around the pond for camping and family activities
- Excellent access off of Lorance road
- 30 minutes from Galesburg and Peoria, 2 hours from Chicago suburbs
- Soil types: Sylvan, Keomah, Rozetta, Clarksdale
- Crop production index: 109.6
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