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 $40,000 annually.
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$ 536,200
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Waterloo DIST 5
Monroe-IL
Land
Land
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 7106 Triple Lakes Road, Columbia, IL 62236 | 3/2 | 1,427 | $275,000 | $272,500 99.1% of ask |
Oct 20, 2026 |
| 9301 Christopher Lake Drive, Columbia, IL 62236 | 3/4 | 2,600 | $525,000 | $550,000 104.8% of ask |
Oct 19, 2026 |
| 1329 N Evergreen Lane, Columbia, IL 62236 | 2/1 | 936 | $265,000 | $250,000 94.3% of ask |
Oct 19, 2026 |
| 2607 Lakeshore Drive, Columbia, IL 62236 | 3/4 | 1,760 | $350,000 | $345,000 98.6% of ask |
Oct 19, 2026 |
| 1206 N Rapp Avenue, Columbia, IL 62236 | 3/2 | 2,228 | $250,000 | $248,000 99.2% of ask |
Oct 19, 2026 |
| 9048 D Road, Columbia, IL 62236 | 2/1 | 925 | $275,000 | $272,000 98.9% of ask |
Oct 15, 2026 |
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