Property Address
000 McCoy Road, Bethalto, Illinois 62010
Property Status: For Sale
Price |
Auction |
|---|---|
Acreage |
150 |
County |
Madison |
State |
Illinois |
Date: May 19, 2025 1:00 pm
Location:
Fosterburg Township Hall, 2919 Main Street, Alton, IL
Property Description
For the first time in decades, the Patricia A. Augsburger Trust proudly presents an extraordinary opportunity to own some of West-Central Illinois’ bountiful and productive farmland. This property will be offered in three tracts.
Tracts 1 and 3 are situated along McCoy Road and consist of nearly 100% tillable farmland. Tract 1 features a 110.7 Productivity Index (PI) and Tract 3 features a 123 Productivity Index (PI). Tract 1 has slopes ranging from 0 to 2% and these tracts include soil types such as Wakeland, Birds Silt Loam, Caseyville, and Winfield Silt Loam, which are well-known for their high productivity in this region.
Tract 2 offers an excellent opportunity for recreational enthusiasts in search of a property with diverse features. This tract includes an additional 6.5 +/- acres of tillable land surrounded by timberland. Its unique topography and layout create outstanding hunting opportunities in the area. Additionally, there is a small pond nestled within the timber that enhances the habitat and could provide fishing opportunities. Don’t overlook the potential of this tract!
This is a unique opportunity to secure high-quality cropland in a desirable location or to add a promising recreational property for creating lasting memories. The specific acreage of each tract is subject to a final survey.
Contact Michael Young @ 618.917.1665 for more details…
Property Highlights
- Tract 1 – 93 +/- Acres
- Tract 2 – 42 +/- Acres
- Tract 3 – 15 +/- Acres
- Acreage totals subject to Final Survey
- Farming Tenancy open in 2026
- Buyer(s) to receive 2025 seller’s farming rent.
- 1.5 Miles from Interstate 255
- Tract 1 – Productivity Index (PI) 110.7
- Wakeland and Birds Silt Loam Soils
- 0-2% percent slopes
- Tract 3 – Average Productivity Index (PI) 123
- Caseyville and Windfield Silt Loam Soils
- 2-5% percent slopes
- Building Potential
- Tract 2 – Hunting and Recreation Property
- 6.5 +/- tillable acres
- ½ +/- acre pond
- Timberland
Auction Terms
PROPERTY SALE TERMS AND CONDITIONS
Patricia A. Augsburger Trust Auction
AUCTION FORMAT
The property will be sold on a per-acre basis according to surveyed acreage. Tracts 1 through 3 will be offered via “Buyer’s Choice” format, permitting the highest bidder to select any individual tract or tracts in their preferred sequence at their winning bid price. Should any tracts remain unselected by the initial highest bidder, the remaining tracts will continue to be offered through the “Buyer’s Choice” method until all tracts are successfully allocated. The tracts will NOT be offered together or in any combination at the conclusion of the auction. All winning bids will be subject to seller approval.
PAYMENT AND CLOSING TERMS
Upon successful bid completion, buyers must execute a real estate sales contract and submit a non-refundable deposit of ten percent (10%) of the purchase price. This deposit shall be payable to Community Title and Escrow and maintained in escrow until closing. The remaining balance is due at closing, scheduled on or before June 27, 2025.
TITLE AND POSSESSION
The seller shall furnish title insurance equivalent to the full purchase price. Property taxes for 2025 will be prorated as of the closing date. Complete possession rights transfer at closing, however, the current farming tenancy will continue through the 2025 harvest season. The seller will forfeit their 2025 income (cash rent amount on a per acre basis) to the new buyer(s). Farming rights will be open for the 2026 season. All bids are final and unconditional, explicitly excluding but not limited to contingencies for financing, appraisal, or property inspection.
LEGAL DISCLAIMERS
Sale Day announcements supersede all previous written or oral advertisements. While all presented information including but not limited to brochures, advertisements, and website content is believed accurate, neither the seller nor Elite Land & Auction, LLC, DBA Elite Land & Auction Co., assumes liability for any inaccuracies, errors, or omissions. All property boundaries, photographs, drone footage, and other visual representations are approximate. Buyers bear responsibility for independent verification of all information. The property is offered “AS IS” without expressed or implied warranties from the seller or Elite Land & Auction, LLC.
