$1,399,200
$1,520,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
0 WHITNEY RD Franklin Grove, IL 61031
132 Acres Lot
Key Details
Sold Price $1,399,200
Property Type Vacant Land
Sub Type Recreational
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PA1250062
Sold Date 08/16/24
Originating Board rmlsa
Annual Tax Amount $5,016
Tax Year 2022
Lot Size 132.000 Acres
Acres 132.0
Lot Dimensions 132
Property Sub-Type Recreational
Property Description
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.
Location
State IL
County Lee
Area Paar Area
Zoning Agricultural
Direction 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
Interior
Fireplace N
Exterior
Utilities Available None
View true
Garage 1
Building
Lot Description Level, Agricultural
Faces 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
Water No Sewer, No Water
Schools
High Schools Ashland-Chandler District #262
Others
Tax ID 06-09-12-400-003
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP