Ag-Exchange Farm Real Estate


+/- 275 Acres, Mercer 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 Mercer
State Illinois
Property Type Row Crop
Total Area 275.47
Crop Land Area 266
Asking Price $2,337,500
Price/Acre $8,500
Taxes $1,500
Attachment(s)
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    Description

    +/- 275.47 surveyed acres located in part of sections 17 and 20,
    Perryton TWP. T15N. - R3W. Mercer County, IL

    +/- 240.24 cropland acres cash rented @ $375/acre = $90,090 / yr. income.
    The farm is leased through 2014. Open farm tenancy for 2015 and beyond. The current farm tenant will extend the annual farm lease to a 3 year lease if the new buyer prefers a longer term lease.

    CRP Acres: +/- 10.5 acres enrolled in CP38 paying $1,496.04 annually through 2020.
    +/- 15.1 acres enrolled in CP8A filter strips paying $2,369 annually through 2021.

    The fall of 2012, the landowner invested over $ 150,000.00 improving this farm with field drainage tile and reshaping waterways. Tile maps are available upon request.

    This is a great farm for an investor looking for excellent value with good income potential and long-term capital appreciation.


    Please contact Travis Selby for additional information.

    217.304.1686 Cell
    travis@ag-exchange.com



    Photos


    • Exterior Photos










    Cropland Acres: 224.74 acres + an additional 15.5 acres recently cleared =
    +/- 240.24 cropland acres @ $375/ acre cash rent = $90,090 / yr. income.

    CRP Acres: 10.5 acres enrolled in CP38 paying $1,496.04 annually through 2020.
    15.1 acres enrolled in CP8A filter strips paying $2,369 annually through 2021.