Closed - Piatt Co., IL - 176.493 Ac., m/l (030-0473)

176.493 Acres will be Offered in 2 Parcels!

Parcel 1 sold for $21,200/ac.; Parcel 2 sold for $21,200/Ac. - Closed on 2/23/24

Photo of Spencer Smith

Spencer Smith, AFM, ALC

  • Licensing: Licensed Real Estate Broker in Illinois, Hertz Real Estate Services; Licensed Real Estate Salesperson in Iowa, Hertz Farm Management, Inc.; Licensed Real Estate Broker in Indiana, Hertz Farm Management Inc.
  • spencers@hertz.ag
  • spencers@hertz.ag
  • 217-771-1575
Full Profile

Photo of Brian Massey

Brian Massey, AFM, CCA

  • Licensing: Licensed Real Estate Designated Managing Broker in Illinois, Hertz Real Estate Services; Licensed Real Estate Broker in Indiana, Hertz Farm Management, Inc.
  • brianm@hertz.ag
  • brianm@hertz.ag
  • 217-771-1572
Full Profile
image for print view

Location Information

County
Piatt
State
Illinois
Address
N 800 East Rd.
Nearest City
Bement

Acreage Details: 176.493 (Acres, m/l)


176.493 acres, m/l, located near Bement, Illinois will be offered in two parcels via Choice & Privilege.

These are excellent quality farms that are nearly 100% tillable. See Individual Auction Items for details.

AUCTION TO BE HELD                   
Wednesday, December 20, 2023, at 10:00 a.m.
In-Person & Online
Best Western Monticello Gateway Inn
805 Iron Horse Place
Monticello, IL 61856

ONLINE BIDDING: bid.hertz.ag

ONLINE REGISTERED BIDDERS will receive their Bid # and additional property information via e-mail within 48 hours prior to auction.


Method of Sale
This land will be offered by the Choice and Privilege Method with the choice to the high bidder to take one or both parcels. Should the high bidder not select both parcels, the remaining parcel will be offered with another round of bidding.
  1. Please note a complete and final series of Bidding Instructions that includes sale-specific terms and conditions will be available prior to each auction sale, and will be read by the auctioneer, prior to the start of bidding on the day of the sale. 
  2. ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE TIME OF SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. All decisions of the Auctioneer are final.
  3. This auction is open and public. Bids for the sale will be called from the auction site. Bids may come from persons in attendance on-site from where auction is being administered, persons bidding online, or over the phone.
  4. All bidders must be pre-approved by Hertz Farm Management/Hertz Real Estate Services (Hertz).
  5. Hertz reserves the right to deny registration of any bidder if there is a question as to the person’s credentials, intent, or fitness for bidding.
  6. Hertz represents the Seller(s) in this transaction.
  7. Bidding is not contingent upon financing, nor is it contingent upon any Buyer or Lender inspection.
  8. Minimum bid increments are at the discretion of the auctioneer throughout the auction.
  9. The successful bidder will be required to execute a Sales Agreement at the conclusion of the auction and submit the appropriate down payment in a timely manner as instructed by the Auctioneer.
  10. The subject property is being offered under the sale-specific terms. Preliminary terms are provided in the printed and electronic versions of the auction brochure. Final terms will be provided prior to the beginning of bidding on the day of sale and will be included in the Real Estate Sales Agreement.
  11. The information in the auction brochure was obtained from sources deemed reliable, but Hertz, its licensees, and its employees make no guarantees as to its accuracy.
  12. Prospective bidders are urged to fully inspect the property prior to the auction and to rely on their own conclusions; doing so is the complete responsibility of each prospective bidder. Bidding is based solely upon bidder inspection and due diligence.
  13. All real estate and any improvements are being offered and sold on an “As-Is, Where-Is, With ALL Faults” basis, without any warranties or representations, express or implied, as to the fitness for a particular use, access, water quality or quantity, physical or environmental condition. Neither the Seller(s) nor the Auction Company are warranting any specific zoning classification, location of utilities, assurance of building permits, driveway permits, or water or septic permits.
  14. Any and all acreage figures, diagrams, and/or dimensions included in the marketing materials are based on information currently available but are not guaranteed.  All drawn property boundaries in the marketing materials are approximate.  Any soil productivity rating reference that is included in the marketing materials is based on the information currently available in the USDA/NRCS soil survey database, and these numbers are subject to change upon periodic update by USDA/NRCS.