Call Stephanie Spiros:
Call Travis Selby:
Illinois & Indiana

Call Stephanie Spiros: 217.304.0404

Call Travis Selby: 217.304.1686

275 acres in Mercer County, Illinois


Property Details

  • Acres:275
  • Status:Sold
  • Type:Farms, Ranches
  • Zip:61231
  • Price Per Acre:$8,500
  • City:Aledo
  • State:Illinois
  • County:Mercer

Travis Selby

Illinois and Indiana Land Specialist, Broker and Auctioneer Phone:
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Property Description

+/- 275.47 surveyed acres, 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. Contact Travis Selby for additional information. 217.304.1686 Cell

Property Map

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