305.84 Acres of Productive Farmland for Auction in Champaign County, Illinois
Upcoming Auction
Champaign County, IL
305.84 Acres M/L
305.84 Acres M/L
County Road 500 N
Tolono, IL 61880
| Price | Click to Bid Online |
| Listing | #19598 |
Associate Land Agent
Matt Myers
Office: 855.800.LAND
Mobile: 217.617.7605
Matt.Myers@PeoplesCompany.com
Property Info
Description
Legal Description
Directions
- Parcel Number: 08-33-06-300-007, 21-34-09-100-002, 08-33-13-200-004
- School District: Tolono CUSD #7, Heritage CUSD #8, Villa Grove CUSD #302
- General Area: Champaign County
- Net Taxes: $18,756.04
- PI: 142.1
- Zoning: Farmland
Interactive Map
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Tracts
Description
Legal Description
Details
- Acres: 90.38 Acres M/L
- Parcel Number: Part of 08-33-06-300-007
- Net Taxes: $5,463.00
- PI: 142.8
Directions
Description
Legal Description
Details
- Acres: 80.97 Acres M/L
- Parcel Number: Part of 08-33-06-300-007
- Net Taxes: $4,873.00
- PI: 143.2
Directions
Description
Legal Description
Details
- Acres: 80.00 Acres M/L
- Parcel Number: 21-34-09-100-002
- Net Taxes: $5,152.18
- PI: 140.8
Directions
Description
Legal Description
Details
- Acres: 54.49 Acres M/L
- Parcel Number: 08-33-13-200-004
- Net Taxes: $3,268.08
- PI: 141.3
Directions
Bid Now
Auction Details & Terms
Champaign County, Illinois Land Auction
305.84 Acres M/L
Offered in Four Tracts
Auction Date: Wednesday, November 4, 2026, at 10:00 AM
Auction Location: Holiday Inn: 101 Trade Center Drive, Champaign, IL 61820
Seller: Dorsey-Messman Farms LLC
Attorney for Seller: Jeffrey M. Davis, Meyer Capel
Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com/. Potential bidders may participate in the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide a slow connection to the online auction platform. Bidders agree that neither Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are in any way responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.
Auction Method: The property will be offered via Public Auction with simultaneous online bidding. All four tracts will be offered on a dollars-per-acre basis utilizing the "Buyer's Choice" auction method. The high bidder will have the opportunity to take, in any order, any or all available tracts at their high bid. The "Buyer's Choice" auction will continue until all tracts have been selected and removed from the auction. The tracts will not be offered in their entirety at the conclusion of the auction.
Reserve: Auction is with reserve. Seller reserves the right to accept or reject any and all bids.
Survey: Seller recently completed a boundary survey on Tracts 1 and 2, and it is available for review. Surveyed acres will be used in the Real Estate Purchase Agreement to calculate the final purchase price for Tracts 1 and 2. Assessed acres will be used to calculate the final sale prices for Tracts 3 and 4.
Auctioneer & License Number: Jesse Meyer, #475.213408, #441.002805
Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction. Online Bidder Registration is due by Tuesday, November 3rd at Noon CT.
Farm Program Information: Farm Program Information is provided by the Champaign County Farm Service Agency. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plans, and related information are subject to change when the farm is reconstituted by the Champaign County FSA and NRCS offices.
CRP Information: Tract 3 includes approximately 1.39 acres enrolled in the Conservation Reserve Program (CRP). The current CRP contract expires on September 30, 2030. The seller shall transfer all rights and obligations of the contract to the buyer. The payment due on September 30, 2026, will be retained by the Seller.
Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of a wire transfer. All funds shall be held by Chicago Title pending closing.
Financing: The sale of the property is not contingent upon the Buyer obtaining financing. All financing arrangements are to have been made prior to bidding. By bidding, the bidder represents that he/she has the present ability to perform at the bid price and will fulfill all obligations under the Real Estate Purchase Agreement.
Real Estate Taxes: Seller shall pay all real estate taxes due and payable in 2026. Buyer shall be responsible for all real estate taxes due and payable in 2027 and thereafter. Taxes on newly created tracts may be estimated until reassessed by Champaign County.
Closing: Closing will occur on or before Monday, December 7, 2026. The balance of the purchase price will be payable at closing via wire transfer. Time is of the essence with respect to the timing of the obligations of the Buyer and Seller under the Real Estate Purchase Agreement.
Possession: Possession of the land will be given at Closing, subject to the remaining tenant's rights.
Farm Lease: The farm is available for the 2027 farming season.
Contract & Title: Immediately upon conclusion of the auction, the successful bidder(s) shall enter into a Real Estate Purchase Agreement and deposit the required earnest money payment. Seller shall provide good and merchantable title. This sale is not contingent upon financing.
Agency: Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.
Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an "As Is - Where Is" basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be made on a per-acre basis. Any announcements made on auction day shall take precedence over any previously printed material or oral statements.
Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, FSA figures, Productivity Index ratings, and other information may vary from figures stated within the marketing material. Buyer should perform his/her own independent investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the title commitment and closing documents.
305.84 Acres M/L
Offered in Four Tracts
Auction Date: Wednesday, November 4, 2026, at 10:00 AM
Auction Location: Holiday Inn: 101 Trade Center Drive, Champaign, IL 61820
Seller: Dorsey-Messman Farms LLC
Attorney for Seller: Jeffrey M. Davis, Meyer Capel
Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com/. Potential bidders may participate in the live auction by utilizing Peoples Company's online auction platform via the Internet. By using Peoples Company's online auction platform, bidders acknowledge that the Internet is known to be unpredictable in performance and may, from time to time, impede access, become inoperative, or provide a slow connection to the online auction platform. Bidders agree that neither Peoples Company nor its affiliates, members, officers, shareholders, agents, or contractors are in any way responsible for any interference or connectivity issues the bidder may experience when utilizing the online auction platform.
Auction Method: The property will be offered via Public Auction with simultaneous online bidding. All four tracts will be offered on a dollars-per-acre basis utilizing the "Buyer's Choice" auction method. The high bidder will have the opportunity to take, in any order, any or all available tracts at their high bid. The "Buyer's Choice" auction will continue until all tracts have been selected and removed from the auction. The tracts will not be offered in their entirety at the conclusion of the auction.
Reserve: Auction is with reserve. Seller reserves the right to accept or reject any and all bids.
Survey: Seller recently completed a boundary survey on Tracts 1 and 2, and it is available for review. Surveyed acres will be used in the Real Estate Purchase Agreement to calculate the final purchase price for Tracts 1 and 2. Assessed acres will be used to calculate the final sale prices for Tracts 3 and 4.
Auctioneer & License Number: Jesse Meyer, #475.213408, #441.002805
Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction. Online Bidder Registration is due by Tuesday, November 3rd at Noon CT.
Farm Program Information: Farm Program Information is provided by the Champaign County Farm Service Agency. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plans, and related information are subject to change when the farm is reconstituted by the Champaign County FSA and NRCS offices.
CRP Information: Tract 3 includes approximately 1.39 acres enrolled in the Conservation Reserve Program (CRP). The current CRP contract expires on September 30, 2030. The seller shall transfer all rights and obligations of the contract to the buyer. The payment due on September 30, 2026, will be retained by the Seller.
Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of a wire transfer. All funds shall be held by Chicago Title pending closing.
Financing: The sale of the property is not contingent upon the Buyer obtaining financing. All financing arrangements are to have been made prior to bidding. By bidding, the bidder represents that he/she has the present ability to perform at the bid price and will fulfill all obligations under the Real Estate Purchase Agreement.
Real Estate Taxes: Seller shall pay all real estate taxes due and payable in 2026. Buyer shall be responsible for all real estate taxes due and payable in 2027 and thereafter. Taxes on newly created tracts may be estimated until reassessed by Champaign County.
Closing: Closing will occur on or before Monday, December 7, 2026. The balance of the purchase price will be payable at closing via wire transfer. Time is of the essence with respect to the timing of the obligations of the Buyer and Seller under the Real Estate Purchase Agreement.
Possession: Possession of the land will be given at Closing, subject to the remaining tenant's rights.
Farm Lease: The farm is available for the 2027 farming season.
Contract & Title: Immediately upon conclusion of the auction, the successful bidder(s) shall enter into a Real Estate Purchase Agreement and deposit the required earnest money payment. Seller shall provide good and merchantable title. This sale is not contingent upon financing.
Agency: Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.
Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an "As Is - Where Is" basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be made on a per-acre basis. Any announcements made on auction day shall take precedence over any previously printed material or oral statements.
Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, FSA figures, Productivity Index ratings, and other information may vary from figures stated within the marketing material. Buyer should perform his/her own independent investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from the title commitment and closing documents.
Photos
Tract 1 Photos
Tract 2 Photos
Tract 3 Photos
Tract 4 Photos
