Ag-Exchange Farm Real Estate


+/- 100 Acres, Iroquois County, IL

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Listed By: Travis Selby, Sales Agent & Marketing Specialist
27 East Liberty Lane | Danville, IL 61832 | Phone 217.304.1686  |  

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Listing Details
County Iroquois
State Illinois
Property Type Recreational Hunting / Row Crop / Recreational Living
Total Area +/- 100
Crop Land Area +/- 29.3
Asking Price $0
Price/Acre $0
Taxes $2,229
Attachment(s)
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    Description

    +/- 100 Acres Iroquois County, IL

    Located 75 miles south of Chicago on the Illinois and Indiana State Line, adjacent to the 10,000 acre Willow Slough Fish Wildlife Area, and 1 mile south of the 2,500 acre Iroquois County State Wildlife Area.

    The property setting resembles a state or county park. This is a pristine property manicured and developed over years of dedication and hard work.  The planted Pine and Oak forest is the result of successful conservation planning first implemented to this farm in 1950.  An interior road system is maintained and mowed throughout the property, also designed as a fire lane in case of emergency.  While touring the property I was able to observe planted groves of different ages and species of trees such as Black Walnuts planted in 1988, Pines planted in 1950, small groves of planted Oaks ranging from seedlings to mature harvestable trees.  This farm is a prime example of what landowners can have with properly implemented CRP programs.   Deer, turkey, pheasant, quail and other small game are abundant.  The hunting is exceptional and has been occupied by a hunt club for the past 20 years.  The lease for 2010 has not been renewed do to the landowner offering the property for sale.    New owner will take possession after closing.

    • +/- 100 Acres total, 29.3 acres tillable, 24.4 acres CRP, buildings and yard on 5 Acres, the remaining 40 acres are wooded.

               Projected yearly income as follows:
               29.3 tillable acres @ $100/acre =      $ 2,930 cash rent / yr.
               10.8  acres CRP @ $75.6/acre =        $ 756 / yr.    expires 2012
               13.6  acres CRP @ $80.0/acre =        $ 1,088 / yr. expires 2016
               Hunting Lease @  $5,500/yr. =          $ 5,500 / yr
                                                                    $ 10,274 / yr.  income

    • Portions of this property have been part of the Illinois conservation CRP programs since 1985.
    • Mature forest consisting of planted pines and oak timber. A rare find and an impressive sight to see.
    • Interior road system allowing you to drive your vehicle throughout the entire property.
    • 2 small ponds located on the property primarily for conservation and wildlife.
    • Morton Metal Pole Building, 42’ X 72’.  Includes 3 large rooms, insulated and dry walled, each with forced air gas furnace.  Interior office with baseboard electric heat and restroom.  2 ½ car garage.  1,000 gallon septic tank and well.
    • FBI Metal Pole Building, 30’X40’X11’
    • Two story farm house, 1,532 sq ft.  Home was built over 100 yrs ago.  New well in 2004.  3 bedrooms, 1 bath, large kitchen, appliances stay.


    Photos


    • Exterior Photos