Franklin Grove, IL 61031,0 WHITNEY RD
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Franklin Grove, IL 61031,0 WHITNEY RD
Franklin Grove, IL 61031,0 WHITNEY RD
Franklin Grove, IL 61031,0 WHITNEY RD
Franklin Grove, IL 61031,0 WHITNEY RD
Listed by BradJ Belser • Jim Maloof Realty, Inc.

$1,399,200

Est. payment /mo

$1,520,000

7.9%
Est.Price: ?

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0 WHITNEY RD Franklin Grove, IL 61031

132 Acres Lot

SOLD DATE : 08/16/2024

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

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agent

Megan Pieper

Agent

+1(563) 650-0546

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