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  5. ›27AL2334 Pyramid State Park - East Conant Unit Farm Lease

Illinois DNR - Natural Resources·Illinois

27AL2334 Pyramid State Park - East Conant Unit Farm Lease

Closes 11/12/2026$450k – $500kInvitation for Bid
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Description

This solicitation seeks a leaseholder for approximately 386 acres of state‑owned agricultural land within Pyramid State Park’s East Conant Unit. Bids will be evaluated on a price‑only basis, with the highest‑priced responsive and responsible bidder awarded a five‑year lease (March 1 2027 – Feb 28 2032). The lessee must provide all labor, equipment, seed, fertilizer, and insurance to operate a commercial farm, adhere to strict environmental and pesticide restrictions (no neonicotinoid‑treated soybean seed, no Dicamba, no biosolids), submit annual chemical, fertilizer, and seed logs, and pay lease‑hold taxes. Mandatory pre‑bid conference attendance is not required, but all required disclosure forms, insurance certificates, and the “Offer to the State of Illinois” must be submitted with the bid. • Lease of ~386 acres for crop production (soybean, corn, wheat, cover‑crops) with an annual per‑acre value of $267.33. • Five‑year term, no renewal option, with semi‑annual lease payments (July 15 and Dec 15 each year). • Comprehensive environmental compliance, reporting, and insurance obligations; $15 minority‑contractor fee applies if contract ≥ $1,000.

Attached files

Contact

Melanie Dodd(Info Contact)

[email protected]

(217) 524-1308

Key dates

Opened
9/21/2026
Pre-bid meeting
10/13/2026
Closes
11/12/2026
Duration
5 years

Last updated

Details

Type
Invitation for Bid
Industry
Agriculture
NAICS
531120
Solicitation №
27-422DNR-REALT-B-54130

Budget estimate

$450,000 – $500,000

Based on the disclosed per‑acre value of $267.33 and the acreage schedule (375.07 ac in 2027, 311.57 ac in 2028, 368.87 ac in 2029, 375.07 ac in 2030, 322.27 ac in 2031), the total lease revenue over the five‑year term is approximately $468,600. Assuming the lessee bears all production costs, the net earnings to the lessee would be roughly the same amount. Allowing for variability in yields, market prices, and potential additional in‑kind services, a reasonable estimate ranges from $450,000 to $500,000 over the contract life.

AI estimate from the solicitation

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