Pearl City, IL 61062,00 Il Rte 73
Pearl City, IL 61062,00 Il Rte 73
Pearl City, IL 61062,00 Il Rte 73
26
$175,000
$189,000
7.4%
Est.Price: ?

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33 Acres Lot

00 Il Rte 73 Pearl City, IL 61062

Est. payment /mo
SOLD DATE : 10/13/2021

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Key Details

Sold Price $175,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10995568

Annual Tax Amount $1,305

Tax Year 2019

Lot Size 33.000 Acres

Property Sub-Type Land

Property Description

These 33 +/- acres of highly productive tillable acres are a don't miss opportunity located on the outskirts or Pearl City, Illinois. The property consists of mostly tillable with Yellow creek running the entire eastern boundary of the property. Property is currently generating between $270-$312.5 per acre income on 24 acres. The weighted productivity index is 140.2 with a 0-2% slope on a majority of the property. Current tenant will continue, negotiate new agreement, or cancel if desired. There is an estimated $5000-$7500 in timber value per current owners' discussions to have it logged. This would increase the tillable by approximately 3-4 acres. Property is a short twenty-minute drive from Freeport and sits on Route 73 heading north out of Pearl City.

Location

State IL

County Stephenson

Area Pearl City

Zoning AGRIC

Exterior

Utilities Available None

Schools

School District 200 , 200, 200

Others

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Nicholas Mason of  Midwest Land Group LLC 
Bought with Nicholas Mason of Midwest Land Group LLC

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Chris Buckely

Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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