Illinois Land For Sale | This is an absolute must see farm, especially if you are in the market for a tillable tract with great income and superb hunting. There are 110-acres of tillable ground that the seller will rent back at $450 per acre, providing the new owner with $49,500 of income. There are also 11 acres currently in CRP that is producing a little over $2,000 annually. On top of that, there is an additional income source of $900 received annually from Panhandle Natural Gas. If all that is not enough, there is a substantial amount of marketable walnut timber value. The seller was given a verbal estimate of around 100k. The timber photos will show the number of standing walnuts this farm has. This tract will generate very close to a 3% ROI. You will also have the ability to use this property to get away on the weekends, as there is a 2-plus acre pond, which is fully stocked with hybrid bluegill, crappie, bass, and channel catfish. The seller has also planted 40 white oak trees and 10 apple trees throughout the CRP. If you are not a hunter and are just looking to invest into tillable acreage, then a hunting lease should produce around $6200 annually. However, if you are hunter, this property is a proven big buck factory. There have been several 160’s harvested and the owner recently harvested a 176 2/8. This farm is a special tract of land and there are so many different features on it that it can only be realized by walking the farm yourself. Give Land Professional, Rod Shepard a call today at, 217-801-5730 for your personal tour of this very special farm.
PROPERTY
110 acres tillable with potential income of $49,500
Seller will cash rent back at $450 per acre
Soils: Wakeland silt loam, Elco silt loam, Rozetta silt loam, Orion silt loam
CRP income, approximately $2,000 annually
Potential hunting lease income of $6,200 annually
Panhandle Natural Gas annual payment of $900
Fully-stocked,2-plus acre pond, with hybrid bluegill, crappie, channel cats, bass
40 White Oaks & 10 apple trees planted
Marketable walnut timber value
Estimated potential income: $58,600
DISTANCES
25 minutes to Jacksonville, IL
30 minutes to Springfield, IL
90 minutes to St. Louis, MO
OTHER
Taxes $2,992.20
POTENTIAL PASSIVE INCOME BY LEASING HUNTING RIGHTS
$6,200| Base Camp Leasing has been the #1 hunting lease company in the United States for more than 20 years. Landowners can earn passive income from leasing out the hunting rights to their land to our database of hunters. Base Camp Leasing handles the whole process from start to finish for a head-ache-free experience.
*Hunting Lease Information provided by www.basecampleasing.com >
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ROD SHEPARD
