CBRE is pleased to present a portfolio of 16 farms totaling approximately 1,560 acresofhighest-quality central Illinois farmland.
The portfolio is characterized by strong agronomic fundamentals, including quality soils and established drainage, with an average Productivity Index (PI) of 138.4. Approximately 97.55% of the acreage is tillable, reflecting an efficient land composition relative to comparable offerings. The average farm size is approximately 100 acres, providing scale that is above typical market availability. Additionally, several of the farms are contiguous, supporting operational efficiencies. Eight of the 16 farms have additional non-crop income from alternative energy agreements.
Farm operations have remained stable throughout the Seller’s period of ownership, with each property continuously operated by the same tenant since acquisition. The Seller and its tenants have maintained a strong, collaborative working relationship, partnering on the installation of drainage tile and other capital improvements, which has supported consistent productivity and long-term land stewardship.
The farms are located within a concentrated geographic area, allowing for streamlined management by a single operator and enhancing overall operational efficiency. Central Illinois is widely recognized for its favorable climate and highly productive soils. The counties in which the portfolio is located consistently
achieve among the highest cash rents and price-per-PI levels in the state, reflecting long-term demand for high-quality farmland.
Eight of the 16 farms generate additional income through alternative energy agreements and option payments. These sources contribute approximately 10% of total income, exceeding typical national ranges and providing diversification relative to traditional farm revenue.
The portfolio has been assembled over approximately 20 years, representing a significant investment of time and capital and creating a scale that would be difficult to replicate. This offering provides an opportunity to acquire a well-located, productive farmland portfolio with stable income characteristics and potential upside through continued farmland appreciation and alternative energy income growth. According to NCREIF, Illinois farmland has generated average annual returns of approximately 10.51 % over the past 20 years.