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This land at 0111 NW 1200 St in Hillview, IL is listed for $1,332,000 (111.00 acres).

Key Features

  • 111.00 acre lot
Listing Description

Greene County, Illinois irrigated farmland investment. 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.

The farm can be open for the 2027 crop year. Investment Analysis(Estimated)Asking Price: $1,332,000 ($12,000/ac)$400/ac cash rent: $44,400 (111 acres)Drainage tax: $3,846 (+/-)Property tax: $2,500 (+/-)Net Income: $38,054 (+/-)Cap Rate: 2.9% (+/-) 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.

Location

0111 NW 1200 St

Hillview, IL 62050

Questions & Answers

This 0-bedroom, 0-bathroom land at 0111 NW 1200 St is listed at $1,332,000. The estimated monthly payment is $7,124 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 111.00 acre lot.

This property is listed by Alec Wardenburg.

AW

Alec Wardenburg

Agent at National Land Realty, Illinois

Listed by National Land Realty, Illinois · Broker phone: 855-384-5263 · View on Broker Site

MLS# 11777490· Source: My State MLS· 207 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

0111 NW 1200 St, Hillview, IL 62050

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