This is a property that with the rising commodity prices and the desire for production ground won't last long. With cash rent prices rising like they are this property offers great income potential with a good rate of return. This property also boasts several beautiful homesites with good access and availability of utilities. Marvelous get-away potential, secluded and quiet.
80 acres more or less (78 acres tillable, balance in timber and brush)
$296,000 ($3700/acre)
Located in Hadley Township, near Baylis, Illinois; 40 minutes SE of Quincy, Illinois; 1 hour N of St. Louis area; 1 hour W of Springfield, Illinois; 4 hours SW of Chicago, Illinois
Tillable acres cash rented for $140/acre, yearly income of $11,000. With 20% down and mortgage borrowed at 5% interest property would cash flow
Electric and county water access
Good county road access
Several beautiful ...
Several beautiful homesites
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