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Listing #19433
October 28, 2026
Vermilion County, IL
Overview
- 2Tracts
- 120Total acres M/L
- 114.5Tillable acres M/L
- $7,120Net taxes
Upcoming Vermilion County, Illinois Online Farmland Auction - Mark your calendars for Wednesday, October 28th, 2026, at 10:00 AM! Peoples Company is pleased to present the Rheta Forrest Estate Farm consisting of 120.00 acres m/l located in Middlefork Township, Vermilion County, Illinois. Located north of Potomac, Illinois, this farm will be offered in two tracts and presents a rare opportunity to acquire productive farmland in an area where ownership turnover remains limited. The offering includes 114.41 FSA cropland acres with an overall Productivity Index of 123.0 and will be available for possession beginning with the 2027 crop year.
Offered as an 80-acre tract featuring an established farmstead and a highly tillable 40-acre tract, the property provides flexibility for buyers seeking an individual tract or the opportunity to purchase the entire farm. With more than 95% of the acreage currently in production, this is the type of farm that seldom reaches the open market in this area of Vermilion County.
The combination of productive cropland, existing improvements, future possession, and a strong agricultural location creates an attractive opportunity for local operators, neighboring landowners, and investors alike. Whether purchased individually or in combination, these tracts offer the chance to acquire well-maintained east-central Illinois farmland in a tightly held farming area.
These two tracts will be offered on a price-per-acre basis via Virtual Live Online-Only Auction beginning on Wednesday, October 28th, 2026, at 10:00 AM CT. The farm will be offered as two separate tracts using the “Buyer’s Choice” auction method, where the high bidder may take, in any order, one or both tracts for their high bid. This method will continue until both tracts have been selected and removed from the auction. Tracts will not be offered in their entirety at the conclusion of the auction.
Offered as an 80-acre tract featuring an established farmstead and a highly tillable 40-acre tract, the property provides flexibility for buyers seeking an individual tract or the opportunity to purchase the entire farm. With more than 95% of the acreage currently in production, this is the type of farm that seldom reaches the open market in this area of Vermilion County.
The combination of productive cropland, existing improvements, future possession, and a strong agricultural location creates an attractive opportunity for local operators, neighboring landowners, and investors alike. Whether purchased individually or in combination, these tracts offer the chance to acquire well-maintained east-central Illinois farmland in a tightly held farming area.
These two tracts will be offered on a price-per-acre basis via Virtual Live Online-Only Auction beginning on Wednesday, October 28th, 2026, at 10:00 AM CT. The farm will be offered as two separate tracts using the “Buyer’s Choice” auction method, where the high bidder may take, in any order, one or both tracts for their high bid. This method will continue until both tracts have been selected and removed from the auction. Tracts will not be offered in their entirety at the conclusion of the auction.
Land
- Zoning
- Farmland, Homesite Dwelling
- Gross Taxes
- 7,119.80
- Net Taxes
- 7119.8
- Parcel(s)
- 07-17-400-004, 07-23-100-001, 07-23-100-003
- School district
- Potomac Unit 10
Location
- Address:
- 7916 E 3400 N Road, Potomac, IL 61865 Get Directions
- Directions:
- See directions provided on each tract.
Tracts
Tract 1 · 80.00 Acres M/L
Description
Tract 1 consists of 80.00 acres m/l with 77.17 FSA cropland acres and a Productivity Index of 123.7. Located along County Road 3400 North, the tract offers a strong percentage of tillable acreage together with an established farmstead that provides additional utility beyond the cropland acres.
The farmstead includes an older country residence, detached garage, Morton building, and several additional outbuildings. While the productive cropland remains the primary component of the property, the existing improvements contribute flexibility that are becoming increasingly difficult to find on farms of this workable size.
Tract 1 presents an attractive opportunity for operators looking to expand, neighboring landowners seeking additional acres, or investors pursuing a productive Vermilion County farmland asset. The combination of productive acreage, existing improvements, and a desirable Middlefork Township location makes this a well-rounded offering.
The farmstead includes an older country residence, detached garage, Morton building, and several additional outbuildings. While the productive cropland remains the primary component of the property, the existing improvements contribute flexibility that are becoming increasingly difficult to find on farms of this workable size.
Tract 1 presents an attractive opportunity for operators looking to expand, neighboring landowners seeking additional acres, or investors pursuing a productive Vermilion County farmland asset. The combination of productive acreage, existing improvements, and a desirable Middlefork Township location makes this a well-rounded offering.
Legal Description
The Northwest Quarter (NW 1/4) of the Northwest Quarter (NW 1/4) of Section 23, T22N-R13W, Vermilion County, IL. Exact legal description will be taken from the Title Commitment.
Directions
Head North out of Potomac, Illinois on N 750 E Rd for approximately 3.7 miles. Then turn right (east) onto E 3400 N Rd, and the house will be on the right.
- Total acres
- 80.00
- Tillable acres
- 77.24
- Avg. soil rating
- 123.7 (IL)
- Net taxes
- 5422.94
- Parcel Number(s)
- 07-23-100-00107-23-100-003
Tract 2 · 40.00 Acres M/L
Description
Tract 2 consists of 40.00 acres m/l with 37.24 FSA cropland acres and a Productivity Index of 121.7. Featuring a high percentage of tillable acreage and an efficient field layout, this tract offers an excellent opportunity to acquire a manageable-sized parcel of productive Vermilion County farmland.
The tract includes approximately 1.61 acres enrolled in CRP as a grass waterway. The current CRP contract expires on September 30, 2030, and provides annual income to the owner while helping protect the productivity of the surrounding cropland. CRP contract available by contacting the agent.
Smaller tillable tracts remain highly sought after throughout east-central Illinois, particularly in areas where farmland ownership turnover is limited. Whether purchased as a stand-alone investment or an addition to an existing operation, Tract 2 offers buyers the opportunity to acquire productive farmland in a strong agricultural area of Vermilion County.
The tract includes approximately 1.61 acres enrolled in CRP as a grass waterway. The current CRP contract expires on September 30, 2030, and provides annual income to the owner while helping protect the productivity of the surrounding cropland. CRP contract available by contacting the agent.
Smaller tillable tracts remain highly sought after throughout east-central Illinois, particularly in areas where farmland ownership turnover is limited. Whether purchased as a stand-alone investment or an addition to an existing operation, Tract 2 offers buyers the opportunity to acquire productive farmland in a strong agricultural area of Vermilion County.
Legal Description
The East Half (1/2) of the Southeast Quarter (SE 1/4) of the Southeast Quarter (SE 1/4) of Section 17, T22N-R13W, Vermilion County, IL. Exact description can be taken from the Title Commitment.
Directions
Head North out of Potomac, Illinois, on N 750 E Rd for approximately 3.7 miles. Then turn left (west) onto E 3400 N Road, and follow the road for approximately 2 miles; the farm will be on the right (north) after the treeline.
- Total acres
- 40.00
- Tillable acres
- 37.24
- Avg. soil rating
- 121.7 (IL)
- Net taxes
- 1696.86
- Parcel Number(s)
- 07-17-400-004
Video
Terms
- Reserved Items
- 120.00± acres in Vermilion County, Illinois.
- Zoning
- Farmland, Homesite Dwelling
- Legal description
- 120.00± acres in Vermilion County, Illinois. Exact legal description found on individual tracts.
Cash
Remaining terms and conditions are supplied per listing by the CMS.
Downloads
- FSA Aerial Map PDF
- FSA Aerial Map PDF
- Tillable Map PDF
- Topography Map PDF
- Plat Map PDF
- FSA Map PDF
- Topography Map PDF
- Plat Map PDF
- FSA Map PDF
- Total Soils Map PNG
- Residential Real Property Disclosure Report PDF
- Total Soils Map PDF
- Tillable Soils Map PDF
- Marketing Brochure PDF
- Tract 1 Title Commitment PDF
- Tract 2 Title Commitment PDF
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