Tract 3 • 73.9 + or – Acres, 67.14 + or – acres tillable, 4.93 wooded acres w/large trees, located in Sec 8 East Eldorado Township, Saline County, IL Property. Soil Productivity Index 96.2. Located on Pfeifer Rd. property #06-08-100-001 & 06-08-300-014. Click on documents for soil map.
Donald Gines Estate • Online Only Land Auction 132.9 Acres
Prime Saline County IL Farmland
Property Located North of Eldorado, IL on Goshen Trail & Pfiefer Rd.
Online Only Auction – Begins to Close Feb 25th @ 1pm ZERO BUYER PREMIUM.
Tract 3 • 73.9 + or – Acres, 67.14 + or – acres tillable, 4.93 wooded acres w/large trees, located in Sec 8 East Eldorado Township, Saline County, IL Property. Soil Productivity Index 96.2. Located on Pfeifer Rd. property #06-08-100-001 & 06-08-300-014.
Estate’s Attorney Kirsten Osteen
McDevitt, Osteen, Chojnicki, & Deters, LLC
P.O. Box 507
Effingham, IL 62401
Executor: Jason Gines
Rights: All seller’s mineral, oil, and gas title, if any, will pass without warranty of title or title evidence.
Bidding Method: By the acre. Final purchase price will equal the high bid multiplied by the total acres. Purchase agreements will reflect the total tract price (not per-acre price).
Bidding Increments: Bidding increments $25.00 per acre.
Down Payment & Closing: 10% of the total purchase price is due on auction day or the following day. The remaining balance is due at closing, approximately 45 days following the auction. Down payment is held in escrow with the title company.
Purchase Agreement: Successful bidders must sign purchase agreements on Wednesday Feb 25th or Thursday Feb 26th (in person or via DocuSign).
Crops & Possession: The purchaser will be responsible for either terminating or renewing the lease agreement with the current farm tenant. Additionally, the purchaser is entitled to receive $125.00 per tillable acre from the existing farm tenant by August 1, 2026.
Tract 3 will pay on or before Aug 1st = $8,392.50
Taxes: The new owner is responsible for 2026 taxes, payable in 2027, since they receive 2026 cash rent.
Condition: Real estate sells “As Is.” Buyers are encouraged to conduct independent inspections and due diligence. Maps, brochures, and field markers are approximate and for guidance only.
Announcements: Auction day announcements take precedence over printed materials.
Liability: Schmid Auction is not responsible for accidents.
Bidding is by the acre. At 1PM Central Standard time on Wed Feb 25th. When there is a bid on any tract in the last 2 minutes 2 minutes will be added. Bidding is by the Acre! Bidding will be in $25.00 Increments.
Internet or bidding problems call the auction company immediately!!!!!
Donald Gines Estate • Online Only Land Auction 132.9 Acres NO RESERVE AUCTION!!!!
Prime Saline County IL Farmland
Property Located North of Eldorado, IL on Goshen Trail & Pfiefer Rd.
Online Only Auction – Begins to Close Feb 25th @ 1pm ZERO BUYER PREMIUM!
There is a first right of refusal for the highest bid on each tract. Schmid Auction did not know about the first right of refusal until 2/2/26.
The person with the first right of refusal has 30 days to decide whether to use it on any or all tracts. Once we find out if they will exercise this right, we will notify the winning bidders. We will not collect the 10% down payment until this decision has been made.
Bidding is by the acre. At 1PM Central Standard time on Wed Feb 25th. When there is a bid on any tract in the last 2 minutes 2 minutes will be added. Bidding is by the Acre! Bidding will be in $25.00 Increments.
There is a first right of refusal for the highest bid on each tract. Schmid Auction did not know about the first right of refusal until 2/2/26.
The person with the first right of refusal has 30 days to decide whether to use it on any or all tracts. Once we find out if they will exercise this right, we will notify the winning bidders. We will not collect the 10% down payment until this decision has been made.
Estate’s Attorney Kirsten Osteen
McDevitt, Osteen, Chojnicki, & Deters, LLC
P.O. Box 507
Effingham, IL 62401
Executor: Jason Gines
Rights: All seller’s mineral, oil, and gas title, if any, will pass without warranty of title or title evidence.
Bidding Method: By the acre. Final purchase price will equal the high bid multiplied by the total acres. Purchase agreements will reflect the total tract price (not per-acre price).
Bidding Increments: Bidding increments $25.00 per acre.
Down Payment & Closing: 10% of the total purchase price is due on auction day or the following day. The remaining balance is due at closing, approximately 45 days following the auction. Down payment is held in escrow with the title company.
Purchase Agreement: Successful bidders must sign purchase agreements on Wednesday Feb 25th or Thursday Feb 26th (in person or via DocuSign).
Crops & Possession: The purchaser will be responsible for either terminating or renewing the lease agreement with the current farm tenant. Additionally, the purchaser is entitled to receive $125.00 per tillable acre from the existing farm tenant by August 1, 2026.
Tract 1 will pay on or before Aug 1st = $2,875.00
Tract 2 will pay on or before Aug 1st = $3,875.00
Tract 3 will pay on or before Aug 1st = $8,392.50
Taxes: The new owner is responsible for 2026 taxes, payable in 2027, since they receive 2026 cash rent.
Condition: Real estate sells “As Is.” Buyers are encouraged to conduct independent inspections and due diligence. Maps, brochures, and field markers are approximate and for guidance only.
Announcements: Auction day announcements take precedence over printed materials.
Liability: Schmid Auction is not responsible for accidents.
Bidding is by the acre. At 1PM Central Standard time on Wed Feb 25th. When there is a bid on any tract in the last 2 minutes 2 minutes will be added. Bidding is by the Acre! Bidding will be in $25.00 Increments.
Internet or bidding problems call the auction company immediately!!!!!
A bid constitutes a legally binding contract. Individuals engaging in fraudulent bidding will be subject to prosecution.
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