Hillview, IL 62050,0000 NW 1200 State
Hillview, IL 62050,0000 NW 1200 State
Hillview, IL 62050,0000 NW 1200 State
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William Watson

William Watson

The Watson Group

+1(720) 463-0002
$2,191,150
Est. payment /mo

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 11601256

Property Description

Hillview tillable acreage. This 168+ tract, located just west of Hillview in the Greene County Bottoms, boasts almost 100% tillable acres. Ideal for an investor, this farm is being sold with a long-term cash rent lease at $400/ac. Additionally, the owner would negotiate a buy-back at $2,000/ac higher contract, securing a level of appreciation and a future exit for an investor.  The farm does have center-pivot irrigation that will go with the sale. The land has over 2500' of frontage on the north end, allowing for easy loading operations. Yield data shows an average corn harvest at or above 200 bu/ac.  This is a unique opportunity to purchase a farm with a good cap rate & IRR, long-term tenant, and even a potential opportunity to contract a future sale.

Location

State IL

County 17061

Rooms

Kitchen 0

Others

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William Watson

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

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0000 NW 1200 State