0111 NW 1200 St., Hillview, IL 62050

$1,332,000
Active for Sale
111.00 Acres
 
Listing ID 11777490
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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111 +/- tillable acres being split off from a larger 168 +/- acre farm. The land boasts excellent cash rent returns, high yields, irrigation and long-term rent options. Ideal for an investor, this farm comes with a $400/ac cash rent in place for 2026 with options to extend. Full cash rent will be funded at closing. Investment Analysis(Estimated)Asking Price: $1,387,500 ($12,500/ac)$400/ac cash rent: $44,400 (111 acres)Drainage tax: $3,846 (+/-)Property tax: $2,970 (+/-)Net Income: $56,879 (+/-)Cap Rate: 2.8% (+/-) 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
  • 111.00 Acres
Listed By
National Land Realty, Illinois
Office: 636-577-5288
Mobile: 636-577-5288
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