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$ 1,598,400
Est. payment | /mo
108 Acres Lot
$ 1,598,400
Est. payment | /mo
108 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202502560
Annual Tax Amount $7,914
Tax Year 2024
Lot Size 108.000 Acres
Property Sub-Type Land
Property Description
Excellent opportunity to secure your own 108+/- acre farm with nearly all tillable, productive acreage located in north-central Ogle County. First time offered on the market in over 55 years, this exceptional farm features fertile cropland that presents the perfect blend of investment income potential or the ideal foundation for your own farming operation. The farm has been carefully rotated between corn and soybeans over the years, making it a strong and proven addition to any agricultural enterprise. Plus there's a creek that runs at the edge of the property. Currently rented to a long-term tenant under a competitive cash rent, year-to-year lease in place for 2025, this property provides immediate income opportunity. Conveniently positioned just 10 minutes west of I-39, the location offers both rural tranquility and easy access to major transportation routes. This is a rare chance to invest in an area known for steady growth and strong appreciation. Sale does not include the homestead. Property Index: 126.2 Call for your private showing today!
Location
State IL
County Ogle County
Building
Sewer Other
Water Other
Schools
Elementary Schools Meridian
Middle Schools Meridian Jr High
High Schools Meridian
School District Meridian 223
Others
Buildable Land Yes
Listed by Re/Max of Rock Valley
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Matt Humpal
Broker-Associate | Lic# 475151238