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*SALE PENDING* Iroquois County, IL

Illinois, 102± Acres SOLD: Sale Pending

Property Description

 

**SALE PENDING**

An excellent hunting and recreational opportunity. Annual income from 35.62 acres of leased tillable farmland and 16.93 acres enrolled in CRP through 2028, with a buffer strip contract at $251.34/acre.

The property features a lighted trap range for the shooting enthusiast and a two car garage for storage. Electric, well water and a septic system are already in place. Spring Creek, which joins the Iroquois River only a few miles away, runs through the property.

Location & Directions

  • 80 miles south of Chicago
  • 20 miles south of Kankakee
  • 50 miles north of Champaign

From Exit 283 in Gilman follow Highway 24 east 6.4miles to County Road 1100 East (Hwy 42) and turn left. Follow County Road 1100 East 1.0 mile to County Road 1900 North and turn right. Follow County Road 1900 North 0.5 miles to County Road 1210 East (County Highway 30) and turn left. After 0.9 miles the property will be on your right.

 

Terms of Sale

A ten percent (10%) down payment shall be required at time a purchase contract is signed.  Balance is due at closing with closing to be held within thirty (30) days following the signing of the purchase contract. Seller shall deliver merchantable title and furnish Buyer a Title Insurance Policy. Possession to be granted at closing subject to remaining tenant rights through February 28th, 2018. Any 2016 real estate taxes payable in 2017 and not yet paid at the time of closing will be paid by the Seller via a credit at closing based upon the most recent real estate tax information available. 2017 taxes, cash rent and CRP income shall be prorated to the date of closing. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or Murray Wise Associates LLC. All sketches and dimensions in this brochure are approximate. All acreages are approximate and have been estimated based on legal descriptions or aerial photographs. Murray Wise Associates LLC and the designated broker are the exclusive agents of the Seller.

 

Property Video
FOR DETAILS, CONTACT:

Kenny Schum, Vice President | Broker #475130235  

Direct: (217) 352-6034 | Cell: (217) 722-0295 | Email: kenny@mwallc.com

Murray Wise Associates LLC | 1605 S. State Street | Suite 110 Champaign, Illinois 61820