Illinois Land For Sale | #A-0340 — Only minutes from, Rock Falls, IL, lies this fantastic tillable farm, which also provides great hunting opportunities. There are 177+/- acres of tillable and 37.10+/- acres of timber and brush. The owner has removed the 27 acres of CRP and has converted back into tillable acres.
The ROI on this tract is between 3.31% and 3.52%. The seller was offered, in writing, $273.18 cash rent per acre for a one year, and 292.02 cash rent per acre for a three contract. If you are not a hunter, and you are strictly looking for a tillable tract/investment property, the current hunting lease brings $6500 annually. Either way, with or without the hunting lease, the ROI on this farm is still around the 3% mark. Farms with this type of ROI in today’s market are like finding a needle in a haystack.
If you’re a hunter and looking for a property that has a great ROI, but one you can still hunt, this tract holds it all, buck, ducks, and turkeys. While flying the drone, we counted over 60 plus turkeys along with several long beards. I also jumped one deer that I know of and there were several ducks on the water. I found numerous rubs on the south side of the farm along Spring Slough, where the bucks are more than likely cruising during the pre-rut and rut. Overall, this is just an outstanding farm, whether you are an investor or an outdoorsman looking for a property that provides various hunting opportunities. If this a farm that possibly fits your needs, please give Illinois Land Professional Rod Shepard a call, to schedule a time to view this amazing property.