Forming Sterling Land Company
Brokers Monte Van Kooten and James Anderson formed Sterling Land Company as a real estate firm to be devoted exclusively to Illinois Farmland Sales. First sale ever was 92 acres in Carroll County-Sold for a grand total of $1,844/Acre. We sold a total of 26 farms that first year including 5 farms in Champaign County and 7 in Carroll County. Back in those days you could buy some of the best Illinois farmland for $3,000 to $3,500 per Acre.