Land for sale including farms, ranches, timberland, mountain, lake & country homes.
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Land Resources / News / Illinois
Illinois Farmland Brings $25.3 Million in Schrader Auction
Source: Market Watch, by Press Release
BELVIDERE, IL, Nov 22, 2011 (MARKETWIRE via COMTEX) -- Approximately 3,355 acres of farmland in Boone County, Ill., sold at auction Saturday, Nov. 19, for a total of $25,536,993, with bids on some tillable land reaching to more than $10,000 per acre. The auction was conducted by Schrader Real Estate & Auction Company. November 22, 2011 "We had a good bit of variation in land location and quality. We had a few of the highest quality tracts with bids for $10,000 per acre and more," said R.D. Schrader, president of the company.
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