119 ACRE CUMBERLAND COUNTY IL NO RESERVE LAND AUCTION - PRIME FARMLAND TILLABLE
Listing ID#: 906876
| Sale Location |
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Trowbridge Road Neoga, IL 62447 |
| Sale Dates and Times |
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Bidding Starts: Monday Oct 26, 9:00 AM Bidding Ends: Monday Nov 23, 5:00 PM |
| Sale Type |
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 Online Auction
VIEW ONLINE CATALOG |
| Company Information |
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Schmid Auction & Realty Co. Contact: Trent Schmid Phone: 217-857-1507 Email: sold@schmidauction.com Website: www.schmidauction.com/ EstateSale.com ID#: 8468 View company information and listings |
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| Listing Terms and Conditions |
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119 + or – Surveyed Acres, 114.56 + or – tillable acres, Soil Productivity Index 108.5 & Farming Rights granted at closing. Super Close to a major grain elevator. 2026 yields 252-bushel corn, 2025 yields 109-bushel wheat & 46-bushel double crop soybeans & 2024 yields 83-bushel soybeans.
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| Listing Information |
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www.bidschmid.com to bid or click on green box view online auction catalog. 119 Surveyed Acre Land Auction No Reserve Online Only 114.56 + or - Tillable Starts to Close Monday, Nov 23rd at 5PM Rural Neoga, IL Cumberland County (Minutes from Coles County) Prime Cumberland County, IL Farmland (Trowbridge Road Next to Neoga) 119 + or – Surveyed Acres, 114.56 + or – tillable acres, Soil Productivity Index 108.5 & Farming Rights granted at closing. Super Close to a major grain elevator. 2026 yields 252-bushel corn, 2025 yields 109-bushel wheat & 46-bushel double crop soybeans & 2024 yields 83-bushel soybeans. Road frontage on Trowbridge Road. Seller: Probst Porkers Ltd. ZERO BUYER PREMIUM – NO RESERVE Rights: All of the Seller’s mineral, oil, and gas rights, if any, will transfer without warranty of title or title evidence. Auction: Absolute Auction land sells regardless of price. Bidding Method: Bidding is by the acre. The final purchase price will be the high bid multiplied by 119 acres, and the purchase agreement will state the total tract price rather than the per-acre price. The purchase price will not be adjusted based on any future survey. Bidding Increments: $25.00 per acre. Extended Bidding: On Monday Nov 23rd at 5PM Any bid placed in the final 3 minutes will extend bidding on by 3 minutes. Simply, if there is a bid with less than 3 minutes left it ads 3 minutes. Down Payment & Closing: 10% of the total purchase price is due on auction day. The remaining balance is due at closing, approximately 40 days following the auction. Down payment is held in escrow the title company. Purchase Agreement: Successful bidders must sign purchase agreements on Tuesday, Nov 24th, or Wednesday Nov 25th (in person or via DocuSign). Crops & Possession: The crop has been harvested, and new owner will have farming rights at closing. Each auction bid is a binding contract. Fraudulent bidding may be prosecuted to the fullest extent of the law. By accepting the auction terms, bidders agree to comply with all applicable laws and take their obligations seriously. Condition: Real estate sells “As Is.” Buyers are encouraged to conduct independent inspections and due diligence. Maps, brochures, and field markers are approximate and for guidance only. Announcements: Auction day announcements take precedence over printed materials. Liability: Schmid Auction is not responsible for accidents.
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