CLINTON, Ill., Feb. 10, 2014 /PRNewswire/ -- Approximately 533 acres of farmland in Dewitt County, Ill., will be offered at auction Tuesday, March 11, with Schrader Real Estate and Auction Company marketing the property and managing the sale.
"This is very good land with Class A soils, and it will be available to the high bidder for immediate possession," said R.D. Schrader, president of the auction company.
The land – 20 miles north of Decatur and 10 miles south of Clinton – will be offered in seven tracts that may be bid on individually or as an entirety.
"Most of this land is tillable, with quality soils and a good record of productivity. This will be of interest for investors of all sizes as well as local operators, who will be able to bid on just the tracts that suit their needs. It has 279 contiguous acres in one location and 254 contiguous acres approximately three miles away," said Schrader.
The auction will begin at 10 a.m. Tuesday, March 11, at the Elks Lodge, 1520 E South Street, Clinton. Schrader personnel will be available at the lodge to provide detailed information from 1 to 3 p.m. Monday, Feb. 17, and Wednesday, March 5.
Online bidding will be available by prior arrangement to qualified bidders. "Online bidding continues to play a growing role in Schrader auctions, allowing bidders from outside the area to fully participate even if they can't attend," said Schrader. Individuals interested in additional information may call 800-451-2709 or visit schraderauction.com.
Schrader Real Estate and Auction Company, based in Columbia City, Ind., is a leading auctioneer of agricultural land throughout the United States and is a four-time USA Today/National Auctioneers Association Auction of the Year Winner, as well as a two-time winner of the Grand Champion Marketing Award of Excellence.
For more information:
Carl Carter, 205-823-3273
SOURCE Schrader Real Estate and Auction Company