This 80 +/- acre farm for sale in Iuka, Illinois is a beautiful property that begins with the .25 mile gravel road giving you tons of privacy. A very well maintained 3 bedroom, 2.5 bath home with attached 2 car garage sits up on a hill overlooking the surrounding farms with amazing views!
This farm has been in the same family for 70 years and has been very well cared for. A new metal roof was installed in 2009 along with a new 24x20 addition & basement. There is a great patio out back that you can watch the deer every morning with the sun rise and a nice porch to watch the deer and turkeys out front with the sun setting in the evenings. An automatic whole home generator that kicks on if the electric goes out will convey with sale.
Multiple outbuildings are on the property including a 40x60 pole barn with concert floors, electric with extra outlets and ceiling fans (14 ft. trusses, 2...
Multiple outbuildings are on the property including a 40x60 pole barn with concert floors, electric with extra outlets and ceiling fans (14 ft. trusses, 2-12' tall sliding doors, & a lean to with porch) built in 2009, a 24x24 work shop with concrete floors (1 garage door and a man door), a fruit cellar, a small workshop and another small storage shed. All outbuildings will provide plenty of storage for tractors, vehicles or any other equipment.
16.7 acres of CRP with an annual payment of $3,801/yr. until 2029 are located on the entire east side of the farm and it consists of exceptional whitetail habitat with 10 ft.- 15 ft. tall trees and grasses with thickets and trails and deer beds EVERYWHERE! A nice 10 pt. was uncovered while walking the farm that shows the great genetics in the area.
Additional income could be generated from the 23.8 +/- acres of tillable ground with an annual income of $3,600/year income and an additional 12 +/- acres of hay ground that could be easily farmed. Maximizing the tillable ground could possibly generate additional income of $5,400/year. With the $3,800 of CRP income that gives you over $9,200 worth of income every year. The house could be rented out for around $700-$1000 a month. With all the barns you could rent the big barn for storage and turn the 24x24 work shop into a cabin or sleeping quarters. If you don't hunt and youre looking for a good investment, the hunting rights for the property could be rented out for another $6,000-$10,000+ a year. Total income could be around $24,000-$31,000 a year which gives you a 5-6% return on your investment along with the appreciation of land and you still get to enjoy it! Its nearly impossible to find a farm that does 5-6% in IL anymore.
The beautiful surrounding ridges are full of white oak, red oak, and hickory trees that are scattered all around the farm which is exceptional for different stand locations for different wind directions. There are many possible ways to set the property up for hunting including planting some or all of the hay ground with tall warm season grasses for more cover, planting about 6-7 different food plots and a couple apple and fruit orchards. This farm is crawling with deer and turkey.
There is a nice possible 3-4 acre lake site on the west side of the farm. This property could be great for family weekend getaways, an investment property, horses, 4 wheelers, a vineyard or whatever youre looking to do. If you walk this property you will fall in love with it and see the possibilities.
***SELLER WILL BREAK INTO SMALLER CONFIGURATIONS OF ACREAGE WITH HOME & OUTBUILDINGS-CONTACT LISTING AGENT FOR DETAILS***
For more information or to schedule a showing, contact Shane Yearian (618) 830-2825
Property Highlights:
Well maintained 3 bed, 2.5 bath ranch style home
60x40 concrete floor pole barn
24x24 concrete floor work shop
23.8 acres of income producing tillable ground
16.7 acres CRP ground with income
12.4 acres of hay ground
Possible lake site
Awesome views
Private and secluded location
Loaded with deer & turkey
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationRt 50 east of Salem to Keller rd drive 1 and 1/2 miles and property is on the east side of Keller