This previous Friday, December 4th, we conducted an auction of 217 +/- acres in southern LaSalle County, IL. The property was offered in 2 tracts and presented bidders with tillable farmland, pasture/woodlands, and a creek. The final sale results were:
Tract 1 (93.08 Acres) – $390,000 or $4,189.94 per acre; B/C Soils; FSA considered this tract to be mostly tillable land, although 22 acres had been enrolled in CRP previously and were not in production at the present time;
Tract 2 (124.69 Acres) – $590,000 or $4,731.73 per acre; A/B/C Soils; 69% Tillable, with the balance in pasture/woodlands, and divided by a creek.
The overall price for the entire 217.77 acres was $980,000, or $4,500.16 per acre.
Click here to download more details from the auction.
