$1,146,150
$1,105,650
3.7%For more information regarding the value of a property, please contact us for a free consultation.
81 Acres Lot
SOLD DATE : 09/01/2023
Key Details
Sold Price $1,146,150
Property Type Vacant Land
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CA1023638
Sold Date 09/01/23
Originating Board rmlsa
Annual Tax Amount $4,088
Tax Year 2022
Lot Size 81.000 Acres
Acres 81.0
Lot Dimensions 1374 X 2650
Property Sub-Type Farm
Property Description
A rare opportunity to invest in a high quality, very desirable piece of farmland in Mercer County, IL. This exceptional tract of farmland boasts Class A soils with a remarkable Productivity Index of 133.9, so you can buy with confidence in having high yields and long-term profitability. With 100% tillable acres, this property presents an unparalleled chance to own a farm with essentially no waste. The primary soil types of Muscatune, Sylvan, and Osco provide the perfect foundation for cultivating a wide range of crops. This high-quality, meticulously maintained farm is free from any waterways or impediments that could hinder planting, harvest, herbicide or fertilizer applications, or reduce overall productivity. Cash rent in 2023 is generating $300 per acre ($24,300/yr). Additionally, an added benefit comes from the FAA lease for an aviation beacon located on the adjacent property, which generates an extra $1,000 per year in income. Convenience and accessibility are key features of this property, with road frontage on 180th Avenue, ensuring easy transportation and logistics for all farming activities. Situated just 1.5 miles east of Reynolds, IL, and 3 miles west of Hwy 67, this location is easy to get to and quick to haul grain out of. Don't miss your chance to add this excellent farm to your current operation, or investment portfolio. Contact us today for further information and to schedule a private viewing.
Location
State IL
County Mercer
Area Qcara Area
Zoning Agricultural
Direction From 220th St in Reynolds, IL, take 180th Avenue east for 1.5 miles. Farm entrance is on south (right) side of road.
Interior
Fireplace N
Exterior
Exterior Feature None
Utilities Available Electricity Available
View true
Street Surface Gravel
Garage 1
Building
Lot Description Level, Agricultural
Faces From 220th St in Reynolds, IL, take 180th Avenue east for 1.5 miles. Farm entrance is on south (right) side of road.
Water No Sewer, No Water
Schools
High Schools Sherrard
Others
Tax ID 05-05-05-200-007
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
6035 N Knoxville Ave Suite 102A, Peoria, Illinois, 61614, United States