Milan, IL 61279,4559-5227 180TH AVE
Milan, IL 61279,4559-5227 180TH AVE
Milan, IL 61279,4559-5227 180TH AVE
Milan, IL 61279,4559-5227 180TH AVE
Milan, IL 61279,4559-5227 180TH AVE
Milan, IL 61279,4559-5227 180TH AVE
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Listed by Chase Burns • LandGuys, LLC of Illinois

$1,146,150

$1,105,650

3.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

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

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