01 NW 1200 St., Hillview, IL 62050

$2,000,000
Active for Sale
168.00 Acres
 
Listing ID 11687594
Property Type Vacant Land
County Greene
Township Greene County
Tax ID 06-11-29-8
FEMA Flood Map fema.gov/portal
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Hillview tillable acreage. This 168+ tract, located just west of Hillview in the Greene County Bottoms, boasts virtually 100% tillable acres. Ideal for an investor, this farm is being sold with acash rent lease at $400/acfor the 2026 crop season. Cash rent would be funded at closing. Investment Analysis(Estimated) Asking Price: $2,000,000 ($11,905/ac)$400/ac cash rent: $67,200 (168 acres)Drainage tax: $5,821 (+/-)Property tax: $4,500 (+/-)Net Income: $56,879 (+/-)Cap Rate: 2.8% (+/-) The farm does have center-pivot irrigation that will go with the sale. Approximately 130 acres are under irrigation. The land has over 2500' of frontage on the north end, allowing for easy loading operations. Yield data shows an average corn harvest at 188-197 bu/ac. A soil test was completed in April of '26 and is attached in the property documents section. There is anestimatedSection 180 excess soil fertility deduction of over $1,400/ac.
Land Details
  • 168.00 Acres
Listed By
National Land Realty, Illinois
Office: 636-577-5288
Mobile: 636-577-5288
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