$12,800 per acre in Western Illinois

June 1, 2016 10:53 AM

A May 28 auction saw 246 acres in Fulton Co., Ill., sell for $4,000 to $12,800 an acre. The farm was located about two miles north of Fairview and was offered in four tracts, including a farmstead.

Tract 1: 158 acres, 153 acres tillable, PI 140.2 (147 is maximum), sold for $8,300 an acre.

Tract 2: 30.5 acres, 100% tillable, PI 130.1, sold for $12,800 an acre.

Tract 3: 50 acres, 31 acres of open pasture with the balance wooded, sold for $4,000 an acre.

Tract 4: the 7.5-acre farmstead brought $262,500 total.

Handling the auction was Sullivan Auctioneers, LLC, Hamilton, Ill., 844-847-2161.