SOLD! Gleiber Farm Auction – A Successful Outcome for All Involved
We’re thrilled to share the results of the Gleiber Farm Live & Online Auction, where 265 ± acres in Monroe and St. Clair Counties, IL, were sold across 9 tracts for a total of $3,095,000.00. This auction was a prime example of how dividing land into multiple tracts can maximize opportunities for both sellers and buyers alike.
Highlights of the Auction
- 4 neighboring landowners expanded their existing properties, adding value and opportunity to their operations.
- All tracts found their new owners, with both live and online bidding creating a competitive and exciting event.
Final Sale Results
- Tract 1: Sold for $350,000.00
- Tract 2: Sold for $220,000.00
- Tract 3: Sold for $160,000.00
- Tract 4: Sold for $180,000.00
- Tracts 5 & 6 (Combined): Sold for $1,030,000.00
- Tract 7: Sold for $510,000.00
- Tract 8: Sold for $395,000.00
- Tract 9: Sold for $250,000.00
About the Properties
Waterloo Farm (168.65 ± Acres)
A beautiful mix of wooded and tillable land in Monroe and St. Clair Counties, offering:
- Building opportunities in the sought-after Waterloo School District.
- Prime land for hunting and agriculture.
Red Bud Farm (96.96 ± Acres)
Nestled in Monroe County, this property is ideal for:
- Privacy and seclusion on dead-end roads.
- Building within the desirable Red Bud School District.
Final Wrap-Up
Last week marked the official closeout of the Gleiber Farm auction process, as we finalized all transactions and helped new landowners take their next steps. It was the perfect conclusion to a smooth and successful auction.
A Note of Gratitude
We are incredibly thankful to the family who entrusted us with the sale of their land. It was an honor to work with them and help bring this auction to a successful conclusion. Their trust allowed us to facilitate an event that brought new opportunities to landowners and bidders alike.
Why Multiple Tracts?
By offering the Gleiber Farm in 9 tracts, we created tailored opportunities for buyers. This strategy:
- Enabled adjoining landowners to expand their existing properties.
- Allowed buyers to bid on combinations or individual tracts to suit their needs.
- Ensured competitive bidding, driving exceptional results for our client.
Let’s Create Your Plan
Whether you’re buying or selling, auctions are a powerful way to unlock land’s potential. At Property Peddler Inc., we pride ourselves on bringing creative, customized solutions to every project.
We’d love to discuss how we can put together a plan that works for you. Call us today at 618-473-2500, and let’s start the conversation.
