10.29 Acres Farmland & Devlpmnt Potential Sangamon County, Illinois

This enticing smaller tract of land is a quick hop off Interstate 55 a few minutes from the heart of Chatham. These 10.29 acres are situated between Lake Knolls Subdivision and Lakeside Estate Subdivision in Ball-Chatham CUSD 5. Take Exit 88 (Chatham Road/Lake Shore Drive Exit) from I-55 and find the tract located along Palm Road. Lake Springfield and Chatham Road are each less than a half-mile away. The tract is Zoned R-1. Utilities are nearby. Currently, 6.21 acres are farmed (129.1 PI). There are approximately 3.5 wooded acres just West of the tillable land. Open tenancy for 2026 and beyond. Dont miss your chance at this versatile property! If you are looking for additional acreage, this is one of four tracts the Roberts Family Trust of 1978 will be selling at auction the same day. See Worrell Land Services website for details about the additional tracts. Contact the Sellers Designated Representative and Managing Broker, Luke Worrell, at 217-473-7039 with questions about any of these four great tracts! Property Location & Directions: Located in Central Sangamon County near Chatham, just South of Springfield, IL. Take Exit 88 off I-55 toward Chatham. Access: From Palm Road along the East Acreage: 10.29 taxable acres, 6.21 tillable acres, 3.5 acres woodland Productivity Index Rating (tillable acreage): 129.1 Primary Soil Types (tillable acreage): Clarksdale and Ipava Topography: Level Tenancy: Open for 2026 and beyond Parcel Numbers: 29-09.0-227-010 & 29-09.0-227-011 2024 Real Estate Taxes (Payable 2025): $521.26 Seller: Farmers State Bank as Trustee for the Roberts Family Trust of 1978 Representing Attorney: Ron Hoskins Lowry & Hoskin LLP 217-285-4822 Title Search: A preliminary title search has been started and will be posted here for viewing upon completion. Auction Format: Live in-person and online bidding. Pre-bids and max-bids may be placed online anytime leading up to the live auction. If bidding in-person with no desire to place pre-bids online, you may register at the K of C the morning of the auction. If bidding online, you may register to bid online anytime between now and 7:00AM Thursday, November 20, 2025. Sales Terms Summary: Upon conclusion of auction, Seller and Buyer(s) shall enter into a purchase Agreement, with the Buyer(s) to pay ten percent (10%) of the purchase price as down payment. Balance due and payable on or before December 31, 2025. Possession will be given at closing unless otherwise stated. Seller will convey by Trustee Deed, and will furnish title insurance in amount of the purchase price. Buyer will be given a credit at closing for the 2025 real estate taxes payable in 2026. Procurement of financing shall be the sole responsibility of the Buyer(s) and must be obtained prior to the auction. Broker is acting as the Sellers agent for the Roberts Family Trust of 1978 and is not representing any Buyer(s). The property is being sold AS IS without representation or warranty expressed or implied. The sale is subject to Seller approval. The property is being sold by the acre based on taxable acreage. Auctioneer reserves the right to set the bid increments. Seller is not responsible for any accidents that may occur while inspecting the property. Buyer(s) should verify the information to their satisfaction. ANNOUNCEMENTS MADE BY THE BROKER AND/OR AUCTIONEER AT THE TIME OF SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. You must be a registered user to bid, either in-person or online. By bidding you are stating that you are ready and willing to purchase the tract for your bid amount. Bidders acknowledge that Worrell Land Services, LLC does not have any responsibility or liability for the website(s) used for Internet bidding. Despite best efforts to prevent technology failures, Buyer and Seller acknowledge that Worrell Land Services, LLC cannot guarantee the operation or performance of the Internet bidding site. There may be occasional interruptions and delays relating to the use of the Internet and the Website. Furthermore, Worrell Land Services, LLC shall not be held liable (for lost profits or special damages) or responsible for the function of the website or its inability to function. Bidders acknowledge that hardware malfunctions, software malfunctions, viruses, and similar issues do occur and are beyond the knowledge, scope, and control of Worrell Land Services, LLC. Worrell Land Services, LLC reserves the right to deny any person access to online bidding if unable to adequately verify the bidder. Winning bidders will be notified via phone or email immediately after the close of the auction to make arrangements for completing the purchase agreement and collection of earnest money. Information was obtained from private and public sources with best efforts to express same as accurately as possible and is subject to individual verification. No liabilities for any inaccuracies, errors or omissions is assumed by the owners or their agents. Boundaries on maps and photos are approximate. Worrell Land Services, LLC is acting as the sellers agent.