Description Madison County, Illinois Farmland Auction – Mark your calendar for Tuesday, March 11, 2025! Peoples Company is honored to represent the Charles Marcus Rice II Revocable Trust in selling 77.89 acres m/l of prime farmland in Madison County, Illinois. The farm consists of 77.36 tillable acres carrying a Productivity Index of 132.8. Soil types include Virden-Fosterburg silt loam and Herrick silt loam. This auction offers a rare opportunity to establish or expand your row-crop operation or secure a top-grade land investment near the St. Louis Metro. This property is ideally situated close to Illinois Route 4 and 140, providing smooth transportation for hauling grain to the numerous grain elevators nearby. Additionally, the farm benefits from its proximity to grain terminals along the Mississippi River, which provides strong basis opportunities and logistical advantages for grain marketing. The area's robust agricultural infrastructure ensures high market accessibility and competitive pricing. The farm is located in Section 28 of Alhambra Township along the west side of Conn Road. This is a unique chance to acquire farmland that has been family-owned and unavailable to the public for generations. Farmland in this area of Madison County is known to be tightly held, with ownership often transferring from generation to generation. Nearly 100% tillable and containing productive soils, this farm will be a highly desirable add-on to an existing farming operation or a wise investment for the buyer looking to diversify their portfolio or hedge inflation. The auction will be conducted on the Peoples Company Bid Wrangler auction platform. The bidding is live and will conclude on Tuesday, March 11, 2025, at 3 PM CT. Any bid placed in the final three minutes of the auction will extend bidding for an additional three minutes. The farm will be sold on a price-per-acre basis. Take advantage of this opportunity to own a piece of prime Madison County farmland. *The farm lease has been terminated and the farm is available for the 2025 growing season. Fertilizer was applied in the fall of 2024 by the previous tenant. The winning bidder will be responsible for refunding the prior tenant in the amount of $10,730.94 for the fertilizer applied. Copies of the fertilizer application records can be found in the attachments section. If the winning bidder chooses to lease to the prior tenant, no fertilizer reimbursement will be owed. Please contact Agent for more details. Legal Description 77.89 acres m/l in the East Half (E1/2) of the Southeast Quarter (SE1/4) of Section Twenty-eight (28), Township Five (5) North, Range Six (6) East in Madison County, Illinois. Exact legal description will be take from Title Commitment. Directions From Alhambra, IL: From the intersection of Bell Street and Main Street, head west for 1.5 miles on Main Street. Turn left (south) onto Conn Road for 3 miles. The farm is situated on the east side of Conn Road. Look for the Peoples Company signs. From Marine, IL: From the intersection of W Division Street and S Duncan Street, head north for 0.7 miles on N Duncan Street. Continue onto Marine Road for 2.3 miles. Turn right (east) on 1200 N/Fruit Road for 0.8 miles. Turn left (north) onto Conn Road for 1.3 miles. The farm is situated on the east side of Conn Road. Look for the Peoples Company signs.