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Auction Date: 06/15/2026       

Auction Time: 11:00 AM CT

Auction Held At: American Legion, 136 E. State St, Waverly, IL. 62692

Entire Farm Description:

These three highly productive tillable and combination properties are up for public auction in southeastern Morgan County and western Sangamon County, sitting just southeast of Waverly. These tracts are all in close proximity to each other and will be offered as buyer choice; the 2026 cash rent will be due to the buyers. All of these tracts offer road frontage, established field entrances and available power. This is a rare opportunity to bid on highly sought-after productive farmland in Morgan and Sangamon Counties. This is your chance to diversify your portfolio or expand your farming operation for future generations. These tracts are all high-percentage tillable tracts that have received great stewardship. 

Tract 1 Description:  77.07± acres

Tract 1 is located just southeast of Waverly on the east side of Stuart Road. This tract is an excellent representation of prime Midwest farmland. Ipava and Virden soils make up over 95% of this tract, yielding an average productivity index of 141 for the entire tract. Sitting around 4 miles from the elevator on a paved road makes this tract about as good as they come. Tract 1 sits immediately adjacent to tract 2, giving the ability to add additional adjoining acres. FSA shows tracts 1 and 2 together and has 154± of the deeded 159.91± acres as cropland, over 96% cropland acres. 

Tract #: 1                                   

Deeded Acres: 77.07                          

Soil Types: Ipava and Virden       

Soil PI/NCCPI/CSR2: 141                               

CRP Acres/Payment: No CRP

Taxes: $3,923                           

Lease Status: Open tenancy for 2027 crop year

Possession: Immediate possession subject to the current tenant's rights for 2026

Survey Needed?: No survey needed

Brief Legal: 77.07± acres located pt N ½ NW ¼ S18 T13N R7W Sangamon Co IL

PIDs: 33-18.0-100-004    

Lat/Lon: 39.5529,-89.9311   

Zip Code: 62692

Tract 2 Description:   82.84± acres

Tract 2 is located just southeast of Waverly on the east side of Stuart Road. This tract is an excellent representation of prime Midwest farmland. This tract is mostly composed of Ipava and Sawmill soils, which yield an average productivity index of over 136 across the entire tract. Sitting about 4 miles from the elevator on a paved road, this tract is extremely desirable. Tract 2 is immediately adjacent to tract 1, giving the ability to add additional adjoining acres. FSA shows tracts 1 and 2 together and has 154± of the deeded 159.91± acres as cropland, over 96% cropland acres.

Tract #: 2                                  

Deeded Acres: 82.84                           

Soil Types: Ipava and Sawmill         

Soil PI/NCCPI/CSR2: 136                            

CRP Acres/Payment: No CRP

Taxes: $3,968                          

Lease Status: Open tenancy for 2027 crop year

Possession: Immediate possession subject to the current tenant's rights for 2026

Survey Needed?: No survey needed

Brief Legal: 82.84± acres located S ½ NW ¼ S18 T13N R7W Sangamon Co IL

PIDs: 33-18.0-100-004    33-18.0-100-003    19-24-400-004   

Lat/Lon: 39.5529,-89.9311   39.5751,-89.9216   39.5784,-89.9214

Zip Code: 62692

Tract 3 Description: 80± acres

Tract 3 is located southeast of Waverly on Stuart Road. This tract is an excellent representation of prime Midwest farmland. This tract is mostly composed of Ipava and Osco soils, which yield an average productivity index of over 137 across the entire tract. Sitting about 6 miles from the elevator on a paved road, this tract is extremely desirable. This parcel is just over 1 mile from tracts 1 and 2, making it an excellent fit for anyone looking to add this additional acreage to their operation or portfolio. 

Tract #: 3 

Deeded Acres: 80

Soil Types: Ipava and Osco

Soil PI/NCCPI/CSR2: 137

CRP Acres/Payment: No CRP

Taxes: $5,040

Lease Status: Open tenancy for 2027 crop year

Possession: Immediate possession subject to the current tenant's rights for 2026

Survey Needed?: No survey needed

Brief Legal: 80± acres S ½ SE ¼  S24 T13N R8W Morgan Co IL

PIDs: 19-24-400-004   

Lat/Lon: 39.5784,-89.9214

Zip Code: 62692

Lunch will be provided by Rural 1st and Farm Credit Illinois immediately following the auction.

Terms of Sale

Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com
Onsite bidders should bring a government-issued ID
10% down payment immediately after auction - cash, personal, or business checks accepted
If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign
High bidder has 30 days to close unless otherwise noted
Announcements on auction day will take precedence over any prior announcements
This is a no contingency sale and is not subject to financing or additional inspections
Possession at closing, subject to tenant’s rights, if any
If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres
All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

SALE DAY NOTES INFO:

BUYERS PREMIUM: No buyer's premiums or internet fees
TAXES: Buyer to pay 2026 taxes
TENANCY: Open tenancy for 2027
RENTS: 2026 cash rent to convey to buyers
MINERALS: Seller-owned rights will convey
CLOSING COSTS: Seller to provide title exam and title insurance, balance split 50/50

Please visit the auctioneers website for more photos and full Terms and Conditions.