Hanover Rd, Columbia, IL 62236

$536,200

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List Price
$536,200
Days on Site
3
MLS#
26068057
Status
ACTIVE
Subdivision
N/A
Property Type
Land
County
Monroe
School District
Waterloo DIST 5

Property Description

PRIME LOCATION LAND OPPORTUNITY! This property is located just off IL State Route 3 between Columbia and Waterloo. This is one of two parcels to be sold at auction. Tract 2 totals +/- 38.3 acres including +/- 32 acres tillable. The property is currently zoned Monroe County Agricultural (MA-2) but the Monroe County Comprehensive Plan shows a future planned zoning change to Industrial/Business or Residential. BIDDING is on a PRICE PER ACRE of 38.3 acres. The listed price is the ASKING OPENING BID at $14,000/Acre X 38.3 Acres = $536,200. The auction is ONLINE ONLY. BIDDING ENDS for Tract 1 with a SOFT CLOSE on 11/24/2026 at 7pm (cst), Tract 2 will start a 5 minute soft close immediately after Tract 1 closes. Don't miss out on this opportunity! REGISTER & BID ONLINE NOW at SCHALLER.GROUP This is an income producing property. The oil and gas lease plus the farming lease on both Tract 1 and Tract 2 combined averages around $40,000 annually.

Additional Information

Elementary School
WATERLOO DIST 5
Jr. High School
WATERLOO DIST 5
Sr. High School
Waterloo
Development Status
See Remarks
Selling Terms
Contract

Listing courtesy of Travis Schaller. Schaller Group

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


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