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Elkhart, IL - Historic Old Gillett Farm

4 Drake Lane - Elkhart, IL

Description

Old Gillett Farm was the vision of John Dean Gillett.

The property includes the Gillett House, the caretaker's home, historic barns and support buildings.

The Gillett House is approximately 10,000 sq. ft. and features seven bedrooms, five full baths, a powder room, and its own ornately designed water tower. Hardwoods, handcrafted pine paneling, finely crafted hardware can be found everywhere and are the sort of details that are rarely found in modern homes. The property encompasses much of Elkhart Hill, the highest point of land between Chicago and St. Louis and where on a clear day you can see Springfield. 

Why Buy This Property

Rarely in America, an opportunity to acquire the 785 acre Old Gillett Farm in Elkhart, IL -- stately, and historic.  Abraham Lincoln was a lifelong friend and the family’s lawyer, Adlai Stevenson wrote some of his presidential campaign speeches on the screened porch, Earnest Hemingway passed through on his way to Florida, Gillett’s daughter married Civil War hero and Governor Oglesby and they built Olgehurst, their mansion next door, Gillett’s grand-daughter married William Drake of the Drake Hotel family from Chicago, Carry Grant played tennis with his wife Betsy Drake, Marshall Field would stop his private train car for mint julips on the lawn and then Gillett would join Field to travel to the Kentucky Derby.  Old Gillett Farm has been treasured by the Gillett family for over seven generations.

Historic Estate – Old Gillett Farm has been owned by the same family for eight generations. Resulting in one of the most important homes in Central Illinois today. Desirable Wooded and Agricultural Properties – Old Gillett Farm comprises a total of 785+ acres of wooded and agricultural property representing an era gone by. This offering is a unique opportunity to purchase the Gillett House on beautifully wooded land.

Desirable Logan County - The agricultural acres of Logan County are some of the richest and most desirable in Illinois. Convenient Location – The property is located within the Village of Elkhart, Logan County, Illinois. It is just 35 miles north of Springfield, 45 miles south of Bloomington, IL and only 175 miles south of Chicago.

Recreation Land Opportunities – Old Gillett Farm offers a multitude of recreational opportunities, from hiking, to gentleman’s farm, equestrian facility, and hunting, it’s all right here. Perpetual Serenity – Sixty-five majestic acres of wooded land north of the Gillett House on Elkhart Hill is protected from future development with a Forest Preserve under the Illinois Nature Preserves Commission. An additional sixty-five acres of privately owned Forest Preserve, abuts the northern boundary of the woodland tract and is owned by others, further insuring the integrity of this parcel.

Future Opportunities – Old Gillett Farm is one of the few large pieces of wooded land on the market anywhere in Central Illinois. There are a multitude of potential uses for this property. There are acres of pasture untouched by chemical farming that can be used for organic farming, grass fed cattle operations, etc. An alternative option to the private family home, could be a destination inn, restaurant and event venue. The many historic barns and carriage house could be converted accordingly. The current generation operated a bed and breakfast at the guest house, opened a wedding venue in the gardens and led historic tours by private appointment.

Property Location

Contact Person

  Fine And Company LLC
  Michael A.Fine, CCIM, CAI, AARE
  Illinois, United States
  312-278-0600
  michael@fineandcompany.com

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Additional Information

Other Information

Broker Participation : Buyer's Agent participation is invited!
A 2% - $295 referral fee will be paid to the REALTORĀ®/Broker whose registered buyer closes on this property. Please contact Fine & Company for the Buyer Broker registration requirements. Seller has provided a variable commission rate.

Licensing : Fine & Company LLC, Licensed Illinois Broker

Terms Of Sale : Broker cooperation is subject to specific terms. Contact Fine & Company for terms and conditions.

Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.

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