MWA Auctions Illinois Farm for $14.9 Million
Murray Wise Associates (MWA) announced today that it recently helped a client secure $14.9 million for 860 acres of farmland in Moultrie, Piatt, and Douglas Counties, Illinois.
- Murray Wise Associates (MWA) announced today that it recently helped a client secure $14.9 million for 860 acres of farmland in Moultrie, Piatt, and Douglas Counties, Illinois.
- The farm was offered in 11 separate tracts via the multi-parcel auction method, with all tracts selling to one buyer.
- “This region is well-known for having productive soils and high-quality farmers,” said MWA vice president Elizabeth Strom, who oversaw the auction process.
- “When a farm comes up for sale in this area, there is always fierce competition.”
The sales price that MWA achieved illustrates the continued strength of the Illinois farmland market, according to Strom.