Income Producing Farm With Beautiful Lake

Description

This is an excellent opportunity to own a great income producing farm. Commonly known as Tract #1—82 Acres M/L, this farm is turn key and ready to produce results for the next owner. This farm has been owned, maintained, and operated by the same family for over a half-century. This farm provides an excellent return on investment and has the potential to be highly productive, with 2018 corn crop averaging 275 bushel. If a building a home or cabin is your desire, there are excellent locations that will give you road frontage or a beautiful location overlooking the 7 +/- acre lake. There are also 6 additional farm and recreational/hunting tracts contiguous to this one that are available. This property is located in northeastern Morgan County, 10 minutes southwest of Ashland. Showings are by appointment only. Please call the Listing Agent for more information.

Property Details

  • 30 minutes west of Springfield
  • 20 minutes northeast of Jacksonville
  • 10 minutes southwest of Ashland
  • Tract #1—82 m/l acres with additional tracts available
  • 57 m/l acres of cropland with 275 bushel corn average in 2018
  • Over 50% of soil has an average productivity index (PI) of 122.52 (Agridata 2019)
  • Total average productivity index (PI) of 104.4 (Agridata 2019)
  • Predominantly well-drained soil
  • Potential annual cash rent income of $14,250
  • Farming rights open for 2020 season
  • Farm is accessible with field entrances from Jurgens and no name roads
  • 2 local grain markets within 5-10 minutes of the farm
  • 7 +/- acre stocked lake with outstanding fishing with grass lane access
  • Excellent building locations with road frontage or overlooking the lake
  • 40 x 60 storage shed
  • Taxes tbd

Jurgens Road, Lot #WP006
Ashland, Illinois 62612