STERLING LAND COMPANY REPORT

April 3, 2024

Land activity around the state. Sterling Land Company brokered the sale of 218 Acres in Henry County Closed on March 21. Cornwall Township-12 miles southeast of Geneseo.

Sold for $10,927/Acre with PI of 121.2 for $96.26/PI Point.


Sterling Land Company brokered the sale of 83.9 Acres in Will County– Closed on March 15. Monee Township-Western edge of the Village of Monee.

Sold for $10,727/Acre with PI of 115.7 for $103.99/PI Point.


159 Acres sold in a virtual online auction in Will County–March 26.

Peotone Township-18 Miles North of Kankakee. 

Sold for $11,100/Acre with PI of 125.4 for $90.60/PI Point.


240 Acres sold in a public and online auction in LaSalle County–March 27.

Wallace & Waltham Townships-Between Ottawa and LaSalle. 2 Parcels. 

160 Acres Sold for $15,700/Acre with PI of 143.2 for $111.48/PI Point.

 80 Acres Sold for $14,250/Acre with PI of 138.3 for $110.81/PI Point.


70 Acres sold in a private transaction in LaSalle County– Closed on March 19. Eagle Township-9 miles northwest of Streator.

Sold for $12,857/Acre with PI of 138.7 for $94.18/PI Point.


80.65 Acres sold in a private transaction in LaSalle County– Closed on March 5. Freedom Township-12 miles north of Ottawa.

Sold for $16,000/Acre with PI of 142 for $114.16/PI Point.


322 Acres sold in a private transaction in Whiteside County– Closed on March 21. Mt. Pleasant Township-2 miles east of Morrison.

Sold for $12,750/Acre with PI of 131 for $100.03/PI Point.


100 Acres sold in a private transaction in Lee County– Closed on March 22.

Franklin Grove Township-1 mile north of Franklin Grove.

Sold for $10,700/Acre with PI of 118.9 for $92.92/PI Point.


320 Acres sold in a private transaction in Lee County– Closed on March 12.

Viola Township-13 miles southwest of Rochelle.

Sold for $14,600/Acre with PI of 134.4 for $108.62/PI Point. 148 Acres sold in a private transaction in Ogle County– Closed on March 22.

Monroe/Lynnville Townships-15 miles south of Rockford.

Sold for $12,500/Acre with PI of 141.6 for $91.75/PI Point.


109 Acres sold in a private transaction in Ogle County– Closed on March 26.

Pine Creek Townships-8 miles northeast of Dixon.

Sold for $12,600/Acre with PI of 120.3 for $109.77/PI Point.


82.75 Acres sold in a private transaction in McHenry County– Closed on March 22. Chemung Township-3 miles north of Harvard.

Sold for $14,250/Acre with PI of 137 for $107.19/PI Point.


257 Acres sold in a public and online auction in Macon County–March 20.

Maroa & Friends Creek Townships-10 miles northeast of Decatur.

158.9 Acres Sold for $17,200/Acre with PI of 138.7 for $124.84/PI Point.

 98.2 Acres Sold for $18,300/Acre with PI of 140.2 for $130.53/PI Point.


80 Acres sold in a virtual live auction in Sangamon County–April 2.

Pawnee Township-10 miles southeast of Springfield.

Sold for $22,100/Acre with PI of 139.8 for $158.08/PI Point.


167 Acres sold in a private transaction in DeKalb County–Recorded on March 14. Pierce & Afton Township-4 miles southeast of DeKalb.

Sold for $12,500/Acre with PI of 132 for $100.09/PI Point.


320 Acres sold in a private transaction in Grundy County–Closed on February 10. Saratoga Township-5 miles northeast of Morris.

Sold for $15,700/Acre with PI of 138.9 for $120.21/PI Point.


551 Acres sold in a virtual live auction in Piatt County–March 2.

Monticello & Sangamon Townships-6 parcels NW & NE of Monticello.

Prices ranged from $11,800/Acre to $18,900/Acre.

Overall average was $14,592/Acre with PI of 135 for $119.58/PI Point.


1,798 Class A Acres included in this report

Average price of $15,807/Acre with 

P.I. of 139 for $117.10/PI Point.


1,430 Class B Acres

Average Price of $11,637/Acre with

P.I. of 125.9 for $98.63/PI Point




 


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Monte Van Kooten-Managing Broker
815-718-2244
306 W. 14th St.
Sterling, IL. 61081

Information deemed reliable but not guaranteed. 
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