057 NW 1200 St., Hillview, IL 62050

$712,500
Active for Sale
57.00 Acres
 
Listing ID 11777482
Property Type Vacant Land
County Greene
Township Greene County
Tax ID 06-11-29-8
FEMA Flood Map fema.gov/portal
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This 57 +/- acre tract is being split off from a larger 168 +/- acre farm located just West of Hillview in the Greene County Bottoms. The farm boasts nearly 100% tillable acres. Multiple acreage options available: 57, 111, 168. Seller will pay any related survey costs prior to closing. The farm is ideal for an investor with a $400/ac cash rent available for 2026 and potential long term arrangements can be made. Contact Broker for information related to long term rent agreement information and potential sell-back options. Full 2026 cash rent would be funded at closing. The farm produce 188+ bu/ac corn in 2025 and the 2026 crop has been established. Investment Analysis (Estimated)Asking Price: $712,500 ($12,500/ac)$400/ac Cash Rent: $22,800Drainage Tax: $1,974 (+/-)Property Tax: $1,525 (+/-)Net Income: $19,301Cap Rate: 2.71% A soil test was completed in April of '26 and is attached in the property documents section. There is anestimatedSection 180 excess soil fertility deduction of over $1,400/ac.
Land Details
  • 57.00 Acres
Listed By
National Land Realty, Illinois
Office: 636-577-5288
Mobile: 636-577-5288
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