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132 ACRES LEE COUNTY, IL (CLASS A TILLABLE FARM)

$ 1,570,000
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Property Description

Illinois Farm and Rec Land is excited to offer this CLASS A 133 PI tillable farm located in Lee County, IL. This tract consists of 132.66 taxable acres with 120.92 crop acres and the balance in waterway and creek. The farm offers exceptional 2 sided hard road access from both the South and West. The primary soil types throughout the farm are Oscar Silt Loam, Catlin Silt Loam and Comfrey Silt Loam.

There is a transferrable solar lease that is proposed to consist of 30 acres on the South side of the farm along McGirr Road. This lease agreement will be transferred to the new owner at the time of closing. There is great future revenue upside if the solar project is completed with payments starting at $900/acre with annual escalators attached. Preliminary County approval has been met for the project to be executed.

Open Tenancy for the 2025 crop season.

 

State/County:
Country: United States
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Property Id : 9909
Price: $ 1,570,000

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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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