1874 State Route 10 Beason, IL 62512
Estimated payment $11,647/month
About This Lot
Peoples Company is pleased to present the opportunity to acquire 138.66 m/l of high-quality Central Illinois farmland. The farm consists of 126 tillable acres m/l with favorable soil types including Elburn, Tama, and Sawmill. The soil types create an aggregate soil productivity index of 138.5 on the tillable acres - well above the Logan County average. The farm recently underwent improvement efforts for the 2025 crop season. These improvements included tree and ditch cleanup, removal of the homesite, and demolition of the grain bins to increase tillable acres. The farm is well-suited for drainage tile due to the large ditch that bisects the property, providing an easy outlet for excess water. The farm is leased through the 2025 crop year, but is available for the 2026 crop year.
The farm is situated between the cities of Lincoln and Clinton. Logan County is known for agricultural production, and the area has equipment dealers, seed stores, and co-ops all within proximity of the farm - the closest in Beason, 3 miles from the property.
Listing Agent
Jesse Meyer
Peoples Company Listed on: 10/22/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,115
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,115 | $130,140 | $84,450 | $45,690 |
| 2023 | $8,610 | $121,320 | $78,630 | $42,690 |
| 2022 | $8,203 | $114,080 | $73,350 | $40,730 |
| 2021 | $7,842 | $108,590 | $68,590 | $40,000 |
| 2020 | $7,632 | $104,280 | $64,280 | $40,000 |
| 2019 | $7,400 | $100,760 | $60,370 | $40,390 |
| 2018 | $7,228 | $97,200 | $56,810 | $40,390 |
| 2017 | $6,962 | $92,860 | $53,540 | $39,320 |
| 2016 | $6,777 | $90,050 | $50,600 | $39,450 |
| 2015 | $5,770 | $86,200 | $45,680 | $40,520 |
| 2014 | $5,770 | $86,200 | $45,680 | $40,520 |
| 2013 | $5,770 | $80,800 | $41,860 | $38,940 |
| 2012 | $5,770 | $75,650 | $36,800 | $38,850 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | For Sale | $2,079,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $1,600,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,280,000 | Commercial |
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