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