About This Home
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
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.
Alec Wardenburg
Agent at National Land Realty, Illinois
