$8,000,000
$5,400,000
48.1%For more information regarding the value of a property, please contact us for a free consultation.
508.5 Acres Lot
SOLD DATE : 12/01/2023
Key Details
Sold Price $8,000,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11784582
Sold Date 12/01/23
Annual Tax Amount $15,080
Tax Year 2021
Lot Size 508.500 Acres
Lot Dimensions 1316X2640X1323X2630X3920X2628X6553X816X1042X1134X1197X720.04
Property Sub-Type Land
Property Description
Productive 508.50 acre farm for sale just North of Milford, Illinois. All acres are contiguous with the exception of 80 acres located directly across the road to the South. Property includes a building site with 70,000 bushels of grain storage including a leg, a __ x __ metal building with gravel floor, a __ x __ metal building with concrete floor, and a __ x __ woodshop and office. Farm includes clay tile that has been well maintained. There is a CRP contract on 63.1 acres paying $12,363 annually. There are current two (2) farm tenants on the property with leases through the 2024 farming season. Average PI of 117.27. Additional Farm 1 is 160 acres more or less with an Average PI of 121.23. Additional Farm 2 is 157 acres more or less with an Average PI of 132.76
Location
State IL
County Iroquois
Area Milford
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Well Private
Schools
Elementary Schools Milford Comm Consolidated
Middle Schools Milford Comm Consolidated
High Schools Milford Comm Consolidated
School District 124 , 124, 124
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with James Ferguson • LandGuys LLC of Illinois
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "