-
0 WHITNEY Road Franklin Grove, IL 61031
- Vacant Land / Resale (MLS)
Property Details for 0 WHITNEY Road, Franklin Grove, IL 61031
Facts
- Property ID: 880330151
- MLS Number: PA1250062
- Property Type: Vacant Land
- County: LEE
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Illinois Farm and Rec Land is excited to offer this CLASS A tillable farm (133 Productivity Index (PI)) located in Lee County, IL. This tract consists of 132.66 taxable acres with 120.92 crop acres and the balance in waterway and creek. The farm offers exceptional 2 sided hard road access from both the South and West. The primary soil types throughout the farm are Oscar Silt Loam, Catlin Silt Loam and Comfrey Silt Loam. There is a transferrable solar lease that is proposed to consist of 30 acres on the South side of the farm along McGirr Road. This lease agreement will be transferred to the new owner at the time of closing. There is great future revenue upside if the solar project is completed with payments starting at $900/acre with annual escalators attached. Preliminary County approval has been met for the project to be executed. Open Tenancy for the 2025 crop season.
Real Estate Professional In Your Area
Are you a Real Estate Agent?
Get Premium leads by becoming a UltraForeclosures.com preferred agent for listings in your area
Click here to view more details
Property Brokerage:
Jim Maloof Realtor
803 W Pioneer Parkway
Peoria
IL
61615
Copyright © 2024 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.