150 +/- Acre Generational Family Farm in Morgan County, Illinois

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Price: $1,800,000
Acreage: 150
County: Morgan
State: Illinois

Property Description

For the first time in more than 75 years, this generational family farm in Morgan County, Illinois, is being offered for sale. Located just south of Waverly and only 30 minutes from Springfield, this rare multi-use property brings together a long history of production with established agriculture and cattle-farm infrastructure.

This farm consists of 83 +/- acres of productive tillable farmland, currently planted in corn under a cash rent lease. Corn has consistently produced over 200 bushel/acre and in 2025 the soybean crop yielded 82 bushel/acre. The crop acres are well managed and very accessible. Two large grain bins of 10,000-bushel and 6,500-bushel capacity, along with two functional silos, add to the functionality of the farmland.

In addition, the property has approximately 35 acres of timber, three small ponds, and ample open acres for pastureland, building sites, or wildlife food plots. The remaining cattle farm infrastructure, including a 1,100 square foot farmhouse and multiple large outbuildings, sits on approximately 10 acres on the southeast corner of the property.

County road frontage with electric and public water on the south and west sides of the farm make for great access and fantastic potential future build sites.

Not to be overlooked is the fantastic hunting potential of this property. The timber consists of thick wooded draws that create miles of edge habitat that wildlife love. With abundant agricultural land all around, food is always available. The natural layout of this farm with great access, edge, and open areas makes up the key ingredients for a great hunting property.

This Morgan County farm offers a rare combination of proven production, investment value, and recreational appeal. With its agricultural and cattle history, income-producing tillable acres, and diverse mix of timber, ponds, and open ground, it is well suited for buyers seeking a true multi-use property.

Call Land Agent Dane Werner today for a private showing!

Property Features

  • 150 acres total - 2 separate parcels to be sold together
  • 83 +/- acres of productive farmland
  • 1,100 square foot, 3 bed/1 bath farmhouse with 3 porches
  • Huge 92’x150’ cattle barn
  • 55’x42’ machine shed with workbench and air compressor
  • 30’x40’ commodity shed
  • 26’x48’ hoop building for hay or equipment storage
  • Multiple other older outbuildings
  • 2 grain bins. 10,000-bushel and 6,500-bushel capacity
  • 3 silos, 2 that are functional.
  • Approximately 35 acres of timber
  • Ample open areas for pastureland, building sites, or wildlife food plots
  • County road frontage on south and west sides with utilities
  • Great hunting potential
  • 3 small ponds
  • 6 miles southwest of Waverly, IL
  • 30 miles from Springfield, IL
  • Just over an hour from the St. Louis Metro

Property Address

3252 Stayton Dairy Road, Waverly, IL