Sold
81± Acres
Sold
Vermilion County, Illinois

80 ACRES TILLABLE LAND WITH WIND TURBINE OPTION

ID: 55538
Status: Sold
Acres: 81
Type: Farms
City, State: Danville, Illinois
County: Vermilion
Zip Code: 61832
Presented By: Floyd Young

Description

Exceptional Investment Opportunity: 81 Acres with 80 Acres of Prime Tillable Land in Vermilion County, IL!

Discover the perfect investment opportunity in the heart of Illinois farming country. Located near Onarga, this 80-acre parcel boasts a remarkable Soil Productivity Index (PI) of 126.5, ensuring optimal crop yields and long-term agricultural profitability. All water-ways were removed this Spring making this a pure tillable piece.

Key Features:

  1. High Productivity: With a PI of 126.5, this tillable land promises exceptional agricultural potential, ideal for maximizing crop production and profitability. Last year's bean crop yielded 77 bushel to the acre on average. The 10 year corn average is 186.5 bushel to the acre. 

  2. Income Potential: The current owners require a 5 year cash-rent lease at $350 per acre giving you an easy transition making this a turn-key investment.

  3. Recent Renovation: Nearly all the water ways were sculpted and returned to tillable ground creating nearly a 98% tillable block. During the process multiple tile were fixed or replaced.
  4. Wind Turbine Approval: Positioned for future growth, this property is approved for a wind turbine installation within the next 5 years. Investors have the opportunity to secure a contract now, unlocking additional revenue streams and enhancing the property's value.

  5. Strategic Location: Situated in Iroquois County near Onarga, this property offers convenient access to local markets, transportation networks, and essential amenities, ensuring ease of operation and market connectivity.

  6. Long-Term Vision: Invest with confidence in a property with significant long-term potential. Whether you're a seasoned agricultural investor or seeking to diversify your portfolio, this land offers stability, growth, and a solid foundation for future success.

Don't miss out on this rare opportunity to acquire premium tillable land with lucrative income potential and promising future prospects. Contact us today to learn more and secure your investment in Vermilion County's thriving agricultural landscape!

Additional Details

Financial

Taxes (annually): $2,929

Ask Floyd About This Property

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