Monroe County, IL Land Auction of 89± Acres

Monroe County, IL Land Auction of 89± Acres

Wednesday, July 29^th at 6:30pm CT

4177 State Route 156, Waterloo, IL 62298

Live auction with online bidding. 

Prime Location for Development

Property Map

Land Auction –89 ± Acres 

Note: The live auction will be conducted alongside the 270 ± Acre auction we have listed in Valmeyer, IL. There are two separate properties in one auction. The Columbia and Valmeyer Tracts will show as listed below in the Terms & Conditions. 

Click Here to view the 270 ± Acre Auction

89 +/- acres offered in 3 tracts located at the corner of EE Road and Illinois Route 3 in the rapidly developing corridor between Columbia and Waterloo, this 89± acre offering presents a rare opportunity in one of Southern Illinois’ growing commercial area. Situated next to the Monroe County YMCA, the property benefits from exceptional exposure along a major 4-lane highway with an impressive traffic count of approximately 24,300 vehicles per day. Monroe County is also planning future improvements to the Hwy 3 and EE Road intersection, further enhancing the long-term appeal of this location.

Whether you are looking for immediate development potential, income-producing farmland, or a strategic long-term investment hold, this property deserves serious consideration. Opportunities of this size and location along Hwy 3 are becoming increasingly difficult to find.

Tract A – 25± Acres

Positioned directly along highly traveled Hwy 3 with access from Caring Way Drive, directly in front of the Monroe County YMCA - HTC Center, and LifeChurchX, this 25± acre tract offers exceptional commercial development potential.

The property’s outstanding visibility and accessibility make it ideal for retail, hospitality, service businesses, distribution, medical, or mixed-use development. Currently in productive farmland with a strong Soil PI of 116.9, this tract combines immediate agricultural productivity with outstanding future upside. Large commercial tracts with this level of frontage and traffic exposure are becoming increasingly rare.

Tract B – 34± Acres

Offering 34± acres, this tract presents another outstanding opportunity for large-scale commercial or future development potential in a highly visible location near Hwy 3. Access is provided from EE Road directly behind the Monroe County YMCA.

Currently utilized as productive farmland with a Soil PI of 106.9, this property combines income-producing capability with strong long-term investment appeal. Whether you are an investor, developer, or expanding business, this tract offers the visibility, accessibility, and growth potential commercial buyers are actively seeking in today’s market.

Tract C – 30± Acres

This 30± acre tract is an excellent combination of productive farmland and future potential, located just off EE Road. The property features approximately 23.86 tillable acres with a strong Soil PI of 111.4.

With extensive road frontage and a wooded area along the back of the property, this tract offers flexibility for agricultural use, a potential homesite, recreational opportunities, or future investment. Its location within the growing Columbia/Waterloo corridor makes it an attractive option for buyers looking to secure land in an expanding area.

Current Parcel(s): 04-25-300-002-000, 04-26-400-009-000

2024 Taxes: 

-Tract A - $581.32

-Tracts B & C (will be a split parcel) total $1,255.64

Terms & Conditions

Seller’s Rights: Seller reserves the right to accept or reject the high bid.

-Pre-bidding Begins: Mon, July 20th, 2026

Bidding Information

-This is a live auction with simultaneous online bidding.

-The auction will be conducted as a Multipar Auction, no combination bidding allowed. If bidding online, bidders must remain available by phone during the live auction. In-person attendance is strongly encouraged.

-Pre-bidding: Bidders interested in multiple tracts are encouraged to place pre-bids on each tract of interest prior to the live auction.

Max Bidding:

-No Max Bidding allowed

Live Multipar Bidding Process:

-Bidding will be done at price per acre. Final price will be adjusted to the surveyed acres. The survey is predicted to be completed by the auction day.

-The auctioneer will open one tract at a time for bidding, beginning with the first tract. Any previous online bids will roll over and become the beginning bids for the live auction portion. All other tracts will remain locked during the live auction with bids only accepted on the tract the auctioneer is calling. After the auctioneer has given each tract 2 rounds of bidding (Minimum) and all bidding has ceased, the auction will close. Online bidders need to follow the simulcast to understand which tract the auctioneer is calling.  The auctioneer reserves the right to adjust the sale method.

-The auctioneer is not responsible for errors or lag in the internet connection or the functioning of the computer system at that time. If you have concerns about your internet reliability it is better to show up to bid live.

-Seller reserves the right to approve or reject any final bid.

Tract Breakdown on the Auction Program

-Lot 1: Tract 1 – 11.73± Acres (270 Acre Auction, Valmeyer)

-Lot 2: Tract 2 – 108.94± Acres (270 Acre Auction, Valmeyer)

-Lot 3: Tract 3 – 80.35± Acres (270 Acre Auction, Valmeyer)

-Lot 4: Tract 4 – 70± Acres (270 Acre Auction, Valmeyer)

-Lot 5: Tract A -  25± Acres (89 Acre Auction, Columbia)

-Lot 6: Tract B - 34± Acres (89 Acre Auction, Columbia)

-Lot 7: Tract C - 30± Acres (89 Acre Auction, Columbia)

Registration

-All bidders must register with name, address, phone number, and email.

-Online bidders must provide a copy of a valid state-issued ID. A Property Peddler team member will contact registrants before approval.

-By registering, bidders agree to these Terms & Conditions.

-Auctioneer reserves the right to decline registration or bidding privileges at their discretion.

-Early registration is encouraged to receive property updates and notices of any changes.

Contract & Earnest Money

-Contract: Successful high bidders must sign the auction purchase contract immediately after the auction (in person or electronically).

-Earnest Money: A non-refundable 10% deposit is due on the day of the sale, payable to Columbia Title Company.

-Any stop payment or returned check will be deemed fraudulent and treated as intent to defraud.

Closing

-Closing Date: On or before September 29th, 2026.

-Closing Costs: Buyer will pay the purchase price plus customary closing costs, including (but not limited to) escrow/closing fees, recording fees, prorations, and document-related charges. All financing-related fees are the responsibility of the Buyer.

-Title Company: Columbia Title Company

Property Details

-Mineral Rights: Any owned mineral rights transfer with the property. No mineral search performed.

-Possession: Fall Harvest 2026 or Dec 31st, whichever is first.

-Farming Rights: Subject to current Farm Lease. Lease will terminate at closing. Farmer has the right to harvest crops. Sellers to retain farm crop income for 2026.

-Taxes: Taxes will be prorated to the date of closing.

-Survey:  Has been ordered and is predicted to be completed before sale day.

-Financing: Bidding is not contingent on financing or appraisal. Buyers must secure financing, if needed, before bidding.

Disclaimers & Conditions

-The property sells “AS IS, WHERE IS”, with no warranties expressed or implied.

-Sale is subject to recorded easements, covenants, and restrictions.

-Acreages, maps, and boundaries are approximate and not guaranteed. Buyers must conduct their own due diligence, inspections, and verifications.

-Auctioneer, Seller, and Property Peddler Inc. assume no liability for errors, omissions, or inaccuracies in marketing or advertising materials.

-The auctioneer is not responsible for missed bids, technical issues, or bidding errors. Buyers release Auctioneer from any claims relating to such matters.

-Bidding increments and conduct of the auction are at the discretion of the Auctioneer. All decisions of the Auctioneer are final.

-Announcements made by the Auctioneer on auction day take precedence over all previously printed or spoken information.

-Property Peddler Inc., Auctioneer, and staff may bid at the auction.

-The auctioneer reserves the right to cancel the auction or disqualify bidders.

-Property Peddler Inc. and its staff are agents of the Seller only in this auction.

-Buyers with an existing exclusive agency agreement with a licensed real estate broker will be responsible for paying their buyer’s agent commission.

PP# A1147  /  MLS#

Auction Held with Property Peddler Inc.

Auctioneer/Broker Brad Chandler  618-221-5727

Designated Managing Broker Brenda Chandler  618-491-6415

-Auctioneer Brad Chandler, IL Lic. # 441.002105,

-Broker License # 475.16227

-Property Peddler Inc. IL Lic. # 444.000622