99.39 Acres of Shelby County Illinois Farmland for Sale Near Tower Hill

Description

Here is an opportunity to purchase 99.39 tax acres of Shelby County, Illinois farmland located in Rose Township near Tower Hill, Illinois. The property is situated approximately 2.25 miles south of Route 16 and 1.5 miles east of Tower Hill, providing a location convenient to the Tower Hill area.

The farm is being offered as one tract consisting of 99.39 total tax acres and carries a 111.9 Productivity Index (PI). The asking price is $12,250 per acre, for a total asking price of $1,217,527.50.

The property is identified as PIN 1812-30-00-300-001. According to the property information provided, 2024 real estate taxes were $2,507.98, or approximately $25.23 per acre.

An important feature for prospective farm operators and land buyers is the property’s open tenancy for the 2027 crop year. Possession will be given at closing, subject to the rights of the tenant currently in possession. The buyer will receive a credit at closing for the 2025 and 2026 real estate taxes payable in 2026 and 2027.

Any or all of the owner’s interests in mineral rights, if any, will be included with the sale. The property is being sold subject to any and all easements of record. The sellers are not offering a survey of the property.

Closing will take place within 30 days after execution of the purchase agreement and will be handled by Allied Capital Title in Shelbyville. Upon the seller’s written acceptance of an offer, the buyer will be required to submit $10,000 in earnest money. Offers are not subject to financing, and buyers should have financing arrangements secured prior to entering into a written purchase contract.

For additional information about this 99.39-acre Shelby County farm near Tower Hill, Illinois, or to make a formal offer, contact:

Brandon Peteroccelli
REALTOR | Auctioneer
Haldon Burgener Auction & Realty
217-706-1440