0 FarmHillcrest, IL 61068

For Sale
$1,892,750

High-yield farmland, leased, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 151.42-acre agricultural property in Lee County, Illinois, presents a compelling investment opportunity. Located in Alto Township, at the northwest corner of Hayes and Locust Roads, this land boasts high-quality soils recently enhanced with drainage improvements. The property, legally described as The-NE1/4 of Section-3, except 5 acres, all in T39N-R2E, Alto Township, Lee County, Illinois, is conveniently situated just one mile east of I-39, offering easy access to transportation networks. The asking price is $1,892,750, translating to a land value of $12,500 per acre. Currently leased for the 2024 crop year, with a lease term of one year expiring on February 27, 2025, this farmland offers a strong potential for consistent returns. The permitted zoning is Agricultural, and the property's APN is 01-06-03-200-005

Highlights

  • High-yield farmland offering strong investment potential.
  • Currently leased for the 2024 growing season.

Property Details for 0 Farm

Property type
Other land, Other farms
Lot Size (sq. ft)
6,595,855 SF

Location Insight

City
Hillcrest
County
Lee
State
Illinois
Latitude
41.9554587
Longitude
-89.0561532
Farm, Hillcrest, Illinois

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0 Farm
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