New Listing
0 WHITNEY Road
Franklin Grove, IL, 61031
Price$1,570,000
Beds0
Baths0
SqFtn/a
Baths0
SqFtn/a
Status:Active
Property Type:Land
School:
Property Type:Land
School:
Illinois Farm and Rec Land is excited to offer this CLASS A tillable farm (133 Productivity Index (PI)) 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.
| Price | $1,570,000 | |
| Total Baths | 0 | |
| Lot Size | 132 | |
| Acres | 132 | |
| Property Type | Land | |
| MLS Sub type | Recreational Land | |
| Subdivision | None | |
| Lot Description | Agricultural,Level | |
| Directions | US-34 E to 3000 E St, Take La Moille Rd to US-52 W in Lee Center Township and La Moille Rd to US-52 W in Lee Center Township | |
| County | Lee | |
| Market Area | 21 | |
| Address | 0 WHITNEY Road, Franklin Grove, IL 61031 | |
| Postal Code | 61031 | |
| City | Franklin Grove | |
| State | IL | |
| Country | United States | |
| Listing Office | Jim Maloof Realty, Inc. | |
| Listing Office Phone | 309-692-3900 | |
| Listing Office Email | accounting@maloofrealty.com | |
| Listing Agent | Brad Belser | |
| Listing Agent Phone | 309-692-3900 | |
| High School | Ashland-Chandler District #262 | |
| Days on market | 0 | |
| MLS Status | Active | |
| Listing Date | May 7, 2024 | |
| Listing Last Modified | May 7, 2024 | |
| Tax Year | 2022 | |
| Tax Annual Amount | 5016 | |
| MLS Area | 21 | |
| MLS # | PA1250062 | |
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