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0000 NW 1200 State
Hillview IL 62050 US

$2,191,150

Active Listing ID 11601256
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Lot: 168.55 Acres
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$2,191,150

Active Listing ID 11601256
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0000 NW 1200 State Hillview tillable acreage. This 168+ tract, located just west of Hillview in the Greene County Bottoms, boasts almost 100% tillable acres. Ideal for an investor, this farm is being sold with a long-term cash rent lease at $400/ac. Additionally, the owner would negotiate a buy-back at $2, 000/ac higher contract, securing a level of appreciation and a future exit for an investor.  Investment Analysis (Estimated) Asking Price: $2, 191, 150$400/ac cash rent: $67, 200Annual Taxes: $3, 450Gross Cap Rate: 2.91%Potential Buy Back Option (3-5 year): $2, 527, 150Potential Gross Profit: $527, 250Potential Gross IRR (Annualized): 7.65%  The farm does have center-pivot irrigation that will go with the sale. The land has over 2500' of frontage on the north end, allowing for easy loading operations. Yield data shows an average corn harvest at or above 200 bu/ac.  This is a unique opportunity to purchase a farm with a good cap rate & IRR, long-term tenant, and even a potential opportunity to contract a future sale.

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Property Features

  • Facts
  • Lot Size: 168.55 Acres
  • Property Type: Land
  • Property Sub-type: Other

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 2191150
  • unparsedaddress: 0000 NW 1200 State
  • postalcity: Hillview
  • stateorprovince: IL
  • country: US
  • postalcode: 62050
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 168.55
  • lotsizeunits: Acres
  • lotsizearea: 168.55
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.459752
  • longitude: -90.567217
  • listagentfullname: Alec Wardenburg
  • listagentemail: alec.wardenburg@followupboss.me
  • listagentkey: 3yd-NYSMLS-228359
  • listagentmlsid: 228359
  • listagentpreferredphone: 6365775288
  • listagentofficephone: 8553845263
  • listofficekey: 3yd-NYSMLS-21939
  • listofficemlsid: 21939
  • disclaimer: Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • listingcontractdate: 2025-11-01
  • parcelnumber: 06-11-29-8
  • elementaryschooldistrict: 000000
  • middleorjuniorschooldistrict: 000000
  • highschooldistrict: 000000
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -90.567215, 39.45975
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"National Land Realty, Illinois", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"alec.wardenburg@followupboss.me", "ListBrokerageCity":"Rushville", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"National Land Realty, Illinois", "ListBrokeragePhone":"855-384-5263", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"Suite 3", "ListBrokerageUnparsedAddress":"216 N Congress St", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"216 N Congress St", "ListOfficeAddress2":"Suite 3", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Rushville", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"62681", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Vacant Land - Hillview, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/Nw-1200-State_Hillview_IL_62050_M98927-00119?f=listhub&s=NYSMLS&m=11601256&c=rexren", "MLSModificationTimestamp":"2025-12-18T13:05:29Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Vacant Land", "RawPropertyType":"Vacant Land", "RoomCount":0, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":0, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/18/2025 6:07:37 PM GMT
Source Updated Date: 12/19/2025 7:20:15 PM GMT

Courtesy of: Alec Wardenburg, National Land Realty, Illinois, alec.wardenburg@followupboss.me

Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.