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Cave Springs Farm Auction

Location: 125 W. Jefferson St., Pittsfield, IL

Auction to be held at the Crossroads Center

10 AM Saturday November 3rd, 2018
REAL ESTATE
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670 Acres in 9 Tracts

This listing posted Oct. 15; for updates or more photos and info, CLICK HERE
 
PIKE COUNTY, IL, LAND AUCTION
670 Acres± (Subject to Survey) – 9 Tracts

The Cave Springs farms are located a short distance southwest of Pearl, IL in southern Pike County, IL. The farms are further described as being located in sections 15, 19, 20, 21, 29 & 30, T7S – R2W, Pearl Township, Pike County, IL.
 
Productive Tillable Cropland - Improved Pasture/Hay Ground - Premier Recreational/Hunting Ground!
 
Tract Information

Tract 1 – 80 Acres± (Subject to Survey)
  • FSA figures indicate 65.06 acres of cropland, currently in a row crop/hay production rotation. The balance of the tract is in pasture & trees.
  • PI Rating on cropland acres: 109.9
  • Soil types include Menfro, Winfield & Caseyville
  • There is a pond, automatic cattle drink and an open front cattle/hay shed located on this tract
  • Access is along the south side by Spring Creek Rd.
 
Tract 2 – 40 Acres± (Subject to Survey)
  • FSA figures indicate 26.37 acres of cropland, currently in a row crop/hay production rotation.
  • PI Rating on cropland acres: 115.1
  • The balance of this tract is in pasture & a timber draw
  • Access is along the south side by Spring Creek Rd.
 
Tract 3 – 112 Acres± (Subject to Survey)
  • There are approx. 48 acres of pastureland on this tract
  • The balance is in timber & draws which are ideal for whitetail deer & other wildlife habitat. There are several areas for potential food plots
  • This tract is improved with an open front cattle/ machine shed and an automatic cattle drink
  • Access is along the north side by Spring Creek Rd.
 
Tract 4 – 144 Acres± (Subject to Survey)
  • FSA figures indicate 56.47 acres of cropland. 22.47 acres are in row crop production, with the balance in pasture/hay ground
  • PI Rating on cropland acres: 105
  • The balance of this tract is timber & draws which are ideal for whitetail deer & other wildlife habitat. There are several areas for potential food plots.
  • There are two spring fed water sources located at the south end of this tract. One of these comes from a cave that you must see to appreciate!
  • Access is along the east side by 465th St. and along the north side by Spring Creek Rd.
 
Tract 5 – 70 Acres± (Subject to Survey)
  • FSA figures indicate 70.5 acres of cropland currently in row crop production
  • PI Rating: 121.2
  • Productive soil types include Caseyville, Orion Winfield & Virden
  • Access is along the east side by 470th St. and along the north side by 125th Ln.
 
Tract 6 – 15 Acres± (Subject to Survey)
  • FSA figures indicate 13.32 acres of cropland currently in row crop production
  • PI Rating: 111.5
  • Soil types include Menfro, Winfield & Caseyville
  • Access is along the northwest side by 470th St.
 
Tract 7 – 88 Acres± (Subject to Survey)
  • FSA figures indicate 86.8 acres of NHEL cropland currently in row crop production
  • PI Rating: 125.4
  • Productive soil types include Caseyville & Winfield
  • This tract is improved with (2) grain bins & an open front machine shed
  • Access is along the north side by 130th and along the east side by 477th St.
 
Tract 8 – 72 Acres± (Subject to Survey)
  • FSA figures indicate 71.63 acres of NHEL cropland currently in row crop production
  • PI Rating: 124.3
  • Productive soil types include Caseyville & Winfield
  • Access is along the east side by 477th St.
 
Tract 9 – 49 Acres± (Subject to Survey)
  • Nice sized hunting tract in Premier Pike County, IL
  • This tract is comprised of nearly 100% timber which makes for ideal whitetail deer & other wildlife habitat
  • There are 1.24 acres enrolled in CRP for an annual payment of $268.00. This contract expires on September 30, 2027.
  • Access is along the south by 130th Ave.
 
METHOD AND TERMS
All tracts are currently being surveyed, and will sell on a price per acre basis, based on said survey. All 9 tracts will be offered through the marketing method of “Buyer’s Choice” whereas the high bidder can elect (in any order) any or all tracts for their high bid. Auctioning will continue until all 9 tracts have been sold. The tracts will NOT be offered in their entirety or in any combinations at the conclusion of the auction.
 
Immediately following the auction, the successful buyer(s) will be required to enter into a written purchase agreement with the seller and pay ten percent (10%) of the bid price. The balance of the bid price will be due at closing, on or before Thursday, December 13, 2018. Bidding is NOT contingent upon financing. Title insurance in the full amount of the purchase price will be provided by the seller. The 2018 real estate taxes will be paid by the seller, with the 2019 and all subsequent years being paid by the new buyer. Possession will be given at closing subject to crop & hunting tenancies for the 2018 year. The farms sells free & clear of any tenancies (farming & hunting) for the 2019 year.
 
Cave Springs Farm LLC

Representing Attorney: Michael A. Bickhaus & Jeffrey L. Terry, Schmiedeskamp Robertson Neu & Mitchell LLP, 525 Jersey St., Quincy, IL 62301. PH: 217-223-3030.
All announcements sale day shall take precedence over any prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to the property. This real estate is being sold “as is”.

Cave Springs Farm Auction

For more information, call:
Michael Sullivan (309) 333-0916 or John Borrowman (217) 430-0645



or email Our Office at [email protected]
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