Southern Illinois farmland sale brings $25k per acre; realtors say not typical

The husband-and-wife realtor team that recently sold southern Illinois farmland for over $25,000 per acre says the auction results weren’t typical. Brenda Chandler, managing broker of the couple’s Property Peddler, Inc., says they expected the 176-acre farm’s location on the edge of Waterloo, Illinois, would make it desirable. “But there is a subdivision nearby that’s […]

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