South Central IL Farmstead With Rental And CRP Income
Media
Summary
Property
- Type
- Farms, Residential Land, Hunting Land
- Road Frontage
- County Road
- Road Surface
- Pavement
- Fencing
- Low Fence
- Outbuildings
- Barn
Land Details
- Tillable
- Pasture
- Enrolled in Government Program
- Hay
Utilities
| Electric: | Onsite |
| Propane: | Onsite |
| Water: | Onsite |
| Internet: | Onsite |
Housing
Home
3BD / 1BA 1120± sqftHome
Features/Improvements
- Big Game
- Upland Game
- Tree Stands/Blinds
- Small Game
- Trail Network
Description
The owners have always called this farm the Hideaway and you can see why when you are at this farm. It has great blacktop access but is on a seldom traveled road that is so peaceful and quiet. The older farm home (1940) is 1120 SF 3 bed, 1 bath currently being rented for $675/month. Behind the house is a small fenced pasture for a couple of horses that the renters have. The acreage behind the home is a mix of timber and new growth trees as this part of the farm is enrolled in a CRP tree program that brings in $16,000/year through 2030. Five years ago the sellers put 55 acres in this tree CRP program and had it planted with bur, swamp white, swamp chestnut oak, Shumard red, black oak, hickory, persimmon and pecan. Approximately 30 acres of older timber surrounds this CRP field and tillable surrounds that. By deer season this large field of newly planted trees is very grown up and is a great place to set up a shooting house on its edge. Shoal Creek, which can get out of its banks and flood some of the bottoms, runs through the back west end of the property. Approximately 30 acres of the farm is on the other side of the creek and also provides good hunting in the thick terrain. The rental income and CRP income total $24,100/year making this a 5% ROI property at list price. I rarely see a recreational property with that type of income and return. Call me today to take a look.
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
Buyer’s agents must be identified on the first contact with Broker/Agents and must accompany the buyer on showings to receive full fee participation. Otherwise, the fee participation will be at the sole discretion of the seller, broker, and Whitetail Properties Real Estate, LLC.
