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112 ACRES TAZEWELL COUNTY MACKINAW RIVER FARM (OVER 3.5% ANNUAL RETURN)

$ 480,000
in
0 Schumm Rd,
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1069
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Property Description

This is a great opportunity to own a very hard to find Tazewell County hunting/recreational property.  Out of the 112 total acres, 55.70 acres are enrolled in CRP paying $16,907 annually (over 3.5% annual return at full list price).  It is very rare to find a hunting/recreational property offering an annual return this high.  There are two CRP contracts in place, one paying $13,089 annually through 2027 and the other pays $3818 annually through 2031.  The CRP is eligible to be renewed after expiration This tract is located where the Mackinaw River meets the Illinois River between Pekin and Manito.  The property has a strong long standing whitetail history in a prime location with a diversity of habitat.  Thousands of acres of ag fields border the West side of the property offering a phenomenal food source for wildlife.  There’s a nice mix of mature timber throughout the property.

The tract offers over 300 yards of Illinois River frontage and over 1/2 mile of Mackinaw River frontage.  There are great fishing and waterfowl opportunities on both the Mackinaw and Illinois River. The mouth of the Mackinaw is known to have some of the best fishing around at certain times of the year.  The property sits less than a 1/2 mile from Powerton cooling lake which holds a lot of ducks and geese in the fall and winter.  The Mackinaw River portion of the property is in an ideal duck hunting spot!  Established roads throughout the property allow for easy access for hunting and great atv riding.  There’s a 3.5 acre area in the South East corner of the property that would make a spectacular food plot!  Deeded access is off of Schumm Road to get to the property.

– Secluded location

– $16,907 annual return ($116,714 in remaining CRP payments)

– Over 3.5% annual return at list price

– Option to renew CRP after current programs expire

– Mackinaw and Illinois River frontage

– Great deer and turkey hunting

– Great fishing on 2 rivers

– Established roads throughout

– Food plot location

– Multiple stands and tri-pods remain with property

– 2020 taxes $799.98

 

Address: 0 Schumm Rd
City:
State/County:
Country: United States
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Property Id : 6627
Price: $ 480,000
Property Lot Size: 112.00 ac

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Brad Belser

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Brad is a Peoria-area native who grew up in Morton, Illinois. He earned his bachelor’s deg ...

Brad Belser

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