This 33 +/- acre property located on the outskirts of Pearl City, Illinois with highly productive tillable acreage is a must see. The quick income with potential for expansion makes this property an ideal purchase for any current or new investment buyer. The property consists of mostly tillable acreage with Yellow creek running the entire eastern boundary. Property is currently generating between $270-$312.5 per acre income on 24 acres. The weighted productivity index is 140.2 with a 0-2% slope on a majority of the property. Current tenant will continue, negotiate new agreement, or cancel as desired. There is also an estimated $5000-$7500 in timber value per current owners’ discussions to have it logged. This would increase the tillable by approximately 3-4 acres. Property is a short twenty-minute drive from Freeport and sits on Route 73 heading north out of Pearl City.
Property Feature...
Property Features
-140.2 weighted PI rating
-$5,000-$7,500 estimated timber value
-Reliable long-term tenant
-2020 crop was corn
-Very productive tillable ground
-Investment opportunity
-Yellow River makes up the eastern boundary
-Illinois Route 73 frontage
-Located in the outskirts of Pearl City
-20 minutes from Freeport
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 InformationFrom Pearl City: Go north on Route 73 and the property is immediately on your right as you exit town.
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