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Listed By: Travis Selby, Sales Agent & Marketing Specialist
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+/- 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.
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