Illinois Farmland Auctions Top $4.1M as Midwest Land Values Hold Firm

Four Illinois farmland tracts sold for a combined $4.1 million, with per-acre prices reaching up to $14,000 in recent Midwest auctions.

NASHVILLE, TENN. (RFD NEWS) — Several recent farmland auctions in Illinois posted some notable results. Four tracts were up for sale, and combined, they brought in roughly $4.1 million.

Here’s a breakdown:

  • In Bureau County, 120 taxable acres sold for $9,400 per acre, totaling about $1.1 million.
  • In Marshall County, nearly 40 acres sold for approximately $550,000 — or about $14,000 per acre.
  • In McLean County, 118 acres brought $12,000 per acre.
  • In Stark County, 104 acres changed hands for more than $10,000 per acre.

Taken together, the sales offer another snapshot of how farmland real estate values are holding up in parts of the Midwest.

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Marion is a digital content manager for RFD News and FarmHER + RanchHER. She started working for Rural Media Group in May 2022, bringing a decade of digital experience in broadcast media and some cooking experience to the team.

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