Courtesy of: Alec Wardenburg, National Land Realty, Illinois, alec.wardenburg@followupboss.me
Courtesy of: Alec Wardenburg, National Land Realty, Illinois, alec.wardenburg@followupboss.me
$2,100,000
|
Lot: 168.00 Acres
|
|
Other
|
$2,100,000
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 am optional cash rent lease at $400/acfor the 2026 crop season. Cash rent would be funded at closing. Investment Analysis(Estimated) Asking Price: $2, 100, 000 ($12, 500/ac)$400/ac cash rent: $67, 200 (168 acres)Drainage tax: $5, 821 (+/-)Property tax: $4, 500 (+/-)Net Income: $56, 879 (+/-)Cap Rate: 2.71 (+/-) 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 188-197 bu/ac.
Courtesy of: Alec Wardenburg, National Land Realty, Illinois, alec.wardenburg@followupboss.me
Copyright © 2026 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.