General Information
143.65 real estate tax acres
144.04 +/- tillable acres per FSA
139.9 soil PI - Drummer/Flanagan soils
The 120 acre tract is bordered on the north and east sides by County Rd 2400 N and 700 E respectively. The 23 acre tract is bordered on the west by County Rd 600 E.
Click here for the Mayes Farm sales brochure.
Listed at $16,900/ac - $2,427,685 total
144.04 +/- tillable acres per FSA
139.9 soil PI - Drummer/Flanagan soils
The 120 acre tract is bordered on the north and east sides by County Rd 2400 N and 700 E respectively. The 23 acre tract is bordered on the west by County Rd 600 E.
Click here for the Mayes Farm sales brochure.
Listed at $16,900/ac - $2,427,685 total
Location
The Mayes Farm is located 1.5 miles east of Lake City, IL and 3.25 miles northwest of Lovington, IL.
The 120 acre tract is located in Section 18, Township 15N, Range 5E of the 3rd P.M., Moultrie County.
The 23 acre tract is located in Section 7, Township 15N-R5E of the 3rd P.M., Moultrie County.
120 Acre Tract
From Lovington, drive 3 miles northwest on the IL 32. Turn north on County Rd. 700 E and go 0.4 miles. The farm will be on the west side of the road marked by a post.
23 Acre Tract
From Lake City, drive east 1/2 mile and cross IL 32. Continue heading west approximately 1/2 mile, turn north onto County Rd. 600 E. Travel north appox. 1/2 mile, the farm will be on the east side.
WFSI signs mark the property.
The 120 acre tract is located in Section 18, Township 15N, Range 5E of the 3rd P.M., Moultrie County.
The 23 acre tract is located in Section 7, Township 15N-R5E of the 3rd P.M., Moultrie County.
120 Acre Tract
From Lovington, drive 3 miles northwest on the IL 32. Turn north on County Rd. 700 E and go 0.4 miles. The farm will be on the west side of the road marked by a post.
23 Acre Tract
From Lake City, drive east 1/2 mile and cross IL 32. Continue heading west approximately 1/2 mile, turn north onto County Rd. 600 E. Travel north appox. 1/2 mile, the farm will be on the east side.
WFSI signs mark the property.
Documents
Aerial Map
FSA Aerial - 120
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Soil Map
FSA Aerial - 23
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Topography Map
FSA 156
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Other Terms
Lease: Lease in place for 2026. Copy available upon request.
Improvements: None
Real Estate Taxes: Seller will pay 2025 RE taxes payable in 2026 as a credit to buyer at closing. Buyer responsible for all subsequent taxes.
Cash Rent: Buyer to receive the pro-rated 2026 rent for the remaining amount of the lease year upon closing.
Possession: Last day of February, 2027 or after all crops on the premises have been harvested, whichever occurs first.
Down Payment: 10% earnest money at acceptance of offer and signing of Contract for Purchase.
Closing: To be scheduled within 30 days of contract signing.
Agency: Waibel Farmland Services, Inc. is agent for the sellers.
Disclaimer: Information provided is believed to be accurate, but is subject to verification by buyers or others relying on it. No liability for errors or omissions is assumed by the sellers or their agents.
Improvements: None
Real Estate Taxes: Seller will pay 2025 RE taxes payable in 2026 as a credit to buyer at closing. Buyer responsible for all subsequent taxes.
Cash Rent: Buyer to receive the pro-rated 2026 rent for the remaining amount of the lease year upon closing.
Possession: Last day of February, 2027 or after all crops on the premises have been harvested, whichever occurs first.
Down Payment: 10% earnest money at acceptance of offer and signing of Contract for Purchase.
Closing: To be scheduled within 30 days of contract signing.
Agency: Waibel Farmland Services, Inc. is agent for the sellers.
Disclaimer: Information provided is believed to be accurate, but is subject to verification by buyers or others relying on it. No liability for errors or omissions is assumed by the sellers or their agents.
Aerial Photos
Mayes 120 - SE corner
Mayes 23.65 - SE corner
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Mayes 120 - NE corner
Mayes 23.65 - NW corner
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Mayes 120 - N
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Ground Photos
Mayes 120 - SE corner
Mayes 23.65 - NW corner
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Mayes 120 - NE corner
Mayes 23.65 - West side
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Mayes 120 - NW corner
Mayes 120 - NW corner
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Contact Information
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Brian D. Waibel - Designated RE Managing Broker
[email protected] Cell: 217-898-2757 Seth D. Waibel - Real Estate Broker [email protected] Cell: 217-898-7789 Brennen T. Kraft - Real Estate Broker [email protected] Cell: 447-410-9051 Main Office: 217-590-0233 |