Land Sale of the Week: $14,400/a in Northwest Illinois


Mike Walsten

The Saturday Jan. 9 auction of 103 acres just west of Mount Carroll in Carroll Co., Illinois saw the ground sell for $14,400 an acre. The land featured 102 tillable acres and carried a soil PI of 138.7 with 147 equal to maximum.

There were 33 registered bidders with a crowd of more than 100 on hand. The buyer was the adjoining farmer. The land sent to auction despite several attempts to buy the ground privately ahead of the auction. The auction price exceeded unsolicited private bids by nearly $2,000 an acre.

Handling the auction was Frank Tipton, Tipton Auction Service, Thomson, 815-259-8206, in conjunction with Dave Damhoff Auctioneering, Morrison.

If interested in seeing a copy of LandOwner, just drop me an email at or call 800-772-0023.

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Spell Check

Dexter md, MD
1/15/2016 07:25 AM

  Any buyer premium?

M. E.
Dallas City, IL
1/15/2016 07:02 PM

  Many of you may disagree but land is overpriced. In this case an established farmer with land adjoining purchased it which I would have also. But the beginning young farmer trying to get started will have a tough time. Many of the older farmers are saying if things don't change there will be half the farmers there are now farming twice as much.


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