The Wyllie Farms Cash Rent Auction is a great opportunity for qualified operators to expand their acreage with productive Illinois farmland. Located in Union and Broughton Townships, Livingston County, this offering totals approximately 705.08 tillable acres divided into five separate tracts:
Tract 1: 72.78 tillable acres
Tract 2: 133.72 tillable acres
Tract 3: 118.13 tillable acres
Tract 4: 160.11 tillable acres
Tract 5: 220.34 tillable acres
Each tract is well-managed with proven yields, productive soil types like Ashkum silty clay loam and Elliott silt loam, and pattern tiling on most acres for strong drainage and reliable production. Recent soil tests show solid fertility and good pH levels. The farms are non-contiguous but conveniently located near Emington, Illinois, providing excellent access in a highly productive region.
The property will be offered in five individual tracts, with each tract bid separately on a per-tillable-acre cash rent basis for a two-year lease covering the 2026 and 2027 crop years. The per-acre bid will be multiplied by the tract’s total tillable acres to determine the annual rent, which will remain the same for both years. Each tract will be awarded individually to the highest acceptable bidder. No deposit is required at bidding; however, winning bidders must pay the full annual cash rent for the 2026 crop year by January 15, 2026, and for the 2027 crop year by January 15, 2027. Bidders may submit offers on any single tract or multiple tracts, but each tract will be awarded separately.
The auction will be conducted online only, with bidding open from 9:00 a.m. to 12:00 p.m. CST on Monday, August 25th, 2025. There is no in-person bidding, but interested parties are welcome to inspect the farms in person at their convenience. The landlord reserves the right to accept or reject any and all bids.
All bidders must register in advance at bid.hiattland.com to participate.
For more information, please contact Richard Hiatt, AFM/ARA at 309-838-7933, email Rick@Hiattland.com, or visit www.HiattLand.com.
Terms & Conditions
Auction Date & Time
The Wyllie Farms Cash Rent Auction will be conducted as an online-only timed auction on Monday, August 25th, 2025. Bidding opens at 9:00 a.m. CST and closes at 12:00 p.m. CST.Auction Method
The property will be offered in five individual tracts, with each tract bid separately by bidding on cash rent per acre for a one-year period of time. The lease will cover the 2026 and 2027 crop years, and the per-acre bid will be multiplied by the tract’s total tillable acres to determine the annual rent. The winning bidder will pay this same total rent amount in 2026 and again in 2027. Bidders may bid on any single tract or multiple tracts; however, each tract will be awarded separately to the highest acceptable bidder.Bidder Registration
All bidders must register and be approved to bid through bid.hiattland.com before placing any bids. By registering, bidders acknowledge they have read and agree to these Terms & Conditions.Lease Term & Possession
The successful bidder(s) will enter into a separate cash rent lease directly with the landowner for a term covering the 2026 and 2027 crop years. Possession will be granted March 1, 2026, or earlier if mutually agreed upon by the landowner and the winning bidder.Payment Terms
There is no deposit required at bidding. The full annual cash rent for the 2026 crop year will be due to the landowner by January 15, 2026, and the full annual cash rent for the 2027 crop year will be due by January 15, 2027. Payment instructions will be provided by the landowner.Insurance Requirement
The winning bidder must carry a minimum of $1,000,000 in liability insurance covering the leased acreage during the lease term.Property Inspection
Prospective bidders may inspect the tracts at their convenience. All tracts are offered “as is.” There will be no in-person auction day.No Warranties
All information provided by Hiatt Enterprises is believed to be accurate but is not guaranteed. Bidders are responsible for conducting their own due diligence.Landowner’s Rights
The landowner reserves the right to accept or reject any and all bids.Lease Execution
Final lease agreements and all specific lease terms will be negotiated directly between the landowner and the winning bidder(s) after the auction.
Contact
For auction details or questions, contact Richard Hiatt, AFM/ARA, at 309-838-7933 or Rick@Hiattland.com.
