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Southern Illinois Landsale
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wesslmnn
Posted 9/21/2014 07:13 (#4085204)
Subject: Southern Illinois Landsale



Southern Illinois
This was posted in crop talk as well but I thought the market forum readers would be interested as well. 413 Total acres sold for $3.29M. All buyers were local. A lot of the ground was light soils but still brought a premium. Sale prices are listed below. IMO based on soil types tract 1 was the best piece but didn't bring close to top dollar. I guess no one has looked at corn prices since January. Some of these prices were highest ever for the area. I saw a 60 sell 3 miles away almost 2 years ago when corn was $6.00 and beans were $13 and it only brought $540,000.

Tract #1 67 Acres - 65 Tillable - $475,000
Tract #2 50 Acres - 43 Tillable - $225,000
Tract #3 55 Acres - 50 Tillable - $575,000
Tract #4 54 Acres - 50 Tillable - $500,000
Tract #7 80 Acres - 79 Tillable - $700,000
Tract #6 38 Acres All Tillable - $320,000
Tract #5 40 Acres - 33 Tillable - $375,000
Tract #8 20 Acres - 7 Tillable - $80,000
Tract #9 9.5 Acres - 7 Tillable - $40,000

Tract info can be found at Kuesbros.com
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