Photo 1 of 1
$175,000
Sold on 10/13/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
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0.00 |
0 |
$1,305.40 |
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On the market:
239 days
|
View full details, 15 photos, school info, and price history
These 33 +/- acres of highly productive tillable acres are a don't miss opportunity located on the outskirts or Pearl City, Illinois. The property consists of mostly tillable with Yellow creek running the entire eastern boundary of the property. Property is currently generating between $270-$312.5 per acre income on 24 acres. The weighted productivity index is 140.2 with a 0-2% slope on a majority of the property. Current tenant will continue, negotiate new agreement, or cancel if desired. There is an estimated $5000-$7500 in timber value per current owners' discussions to have it logged. This would increase the tillable by approximately 3-4 acres. Property is a short twenty-minute drive from Freeport and sits on Route 73 heading north out of Pearl City.
Listing courtesy of Nicholas Mason, Midwest Land Group LLC