Sold
250± Acres
Sold
Crawford County, Illinois

Flat Rock 501

ID: 102478
Status: Sold
Price: Sold
Acres: 250
Address: 21924 E 425th Ave
City, State: Flat Rock, Illinois
County: Crawford
Zip Code: 62427
Presented By: Kevin Boyer

Description

Flat Rock 501 - 500± Acres | Crawford County, Illinois

Flat Rock 501 is a premier 500± acre income-producing and recreational farm located in Crawford County along the Wabash River. This property offers a strong blend of consistent income, mature timber, and exceptional whitetail habitat in a highly sought-after area.

The farm includes 129.14 acres of productive tillable ground, multiple CRP contracts, and 227.39 acres of mature timber that has not been harvested in over 25 years-creating both immediate return and long-term upside. The diverse layout of timber, CRP, and agriculture provides ideal conditions for wildlife, making this a proven hunting property in a region known for producing quality whitetails.


Income Breakdown

  • CRP Income: $26,778.92 annually
  • Tillable Income: $19,371 annually
  • Water Well Lease: $5,000 annually

Total Annual Income: $51,149.92


Investment Opportunity

Flat Rock 501 offers a rare combination of immediate income, long-term appreciation, and recreational value-making it a well-balanced investment-grade property.

  • List Price: $2,650,000 ($5,300 per acre)
  • Annual Income: $51,149.92 ( almost equal to $102 per acre)


10-Year Investment Outlook

  • Projected 10-Year Income: $296,385.94
  • Adjusted Cost Basis After 10 Years: $2,353,614

True Cost Per Acre After 10 Years: ~$4,700 per acre


Why This Investment Stands Out

  • Immediate, diversified income from CRP, tillable rent, and lease revenue
  • Strong income floor even after current CRP contracts expire
  • Nearly $300,000 in projected income over 10 years
  • Proven appreciation potential in the Wabash River corridor
  • High-quality recreational value with premier whitetail habitat


Additional Upside Potential

  • Timber harvest opportunity from mature stands (not currently factored)
  • Potential for increased cash rent over time
  • Hunting lease or outfitter income
  • Potential CRP re-enrollment or transition into WRP/WRE programs, adding future income and conservation value


Wildlife & Area

Located in Crawford County, this area consistently produces strong deer numbers year after year:

  • Annual harvest averages: 1,900-2,000 deer
  • Peak years exceeding 2,500 deer
  • The Wabash River corridor is well known for its trophy whitetail potential

The combination of river frontage, timber, and managed habitat creates a natural funnel for wildlife and outstanding hunting opportunities.


For More Information

Contact Land Specialist
Kevin Boyer
217-232-0722

 

Additional Details

Financial

Parcel ID: 09-1-28-000-013-000, 09-1-28-000-012-000, 09-1-33-000-001-000, 09-1-32-000-019-000

Ask Kevin About This Property

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