$1,332,000

0111 NW 1200 St., Hillview IL, 62050

Lot size111 Acres

Property typeLand

Overview

Active

Updated 5h ago

Greene County, Illinois irrigated farmland investment. 111 +/- tillable acres being split off from a larger 168 +/- acre farm. The land boasts excellent cash rent returns, high yields, irrigation and long-term rent options. Ideal for an investor, this farm comes with a$400/ac cash rent in place for 2026 with options to extend. The farm can be open for the 2027 crop year. Investment Analysis(Estimated)Asking Price: $1,332,000 ($12,000/ac)$400/ac cash rent: $44,400 (111 acres)Drainage tax: $3,846 (+/-)Property tax: $2,500 (+/-)Net Income: $38,054 (+/-)Cap Rate: 2.9% (+/-) Yield data shows an average corn harvest at 188-197 bu/ac. A soil test was completed in April of '26 and is attached in the property documents section. There is anestimatedSection 180 excess soil fertility deduction of over $1,400/ac.

Other Property Details

Municipality: Greene County

Courtesy of National Land Realty, Illinois with ,
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