Land for Sale - N. Somerset Lane, Walnut Hill, IL 62893 - 29.0 acres

CRP Income Producing Acres Near Superior Lake

N. Somerset Lane, Walnut Hill, IL | Lat/Lng:  38.4334, -89.0468

$173,855
29 ac.
04/19/2024
FOR SALE
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Description

Located near Superior Lake lies a promising investment opportunity: 29 acres of mostly tillable land awaiting its next owner. This parcel boasts 24.6 acres currently enrolled in the Conservation Reserve Program (CRP), yielding $155.36 per acre, culminating in a return of $3,773 until September 30, 2031. Such financial security promises a solid foundation for future endeavors. With convenient road frontage along Somerset Lane, accessibility is assured, enhancing the property's appeal for various ventures. There are potential build sites on the farm if you wouldn’t be opposed to buying a few acres of CRP out of the program as well. Approximately 5 acres of wooded terrain offer not only scenic beauty but also the potential for hunting opportunities, making it an enticing prospect for outdoor enthusiasts seeking both recreation and investment potential. Whether one seeks a lucrative venture or an outdoor retreat, this tract offers both. To schedule a private showing or to learn more about this farm, contact Land Specialist Josh Malone or Clyde Hutchinson. Property Features: - Road frontage - Potential build site - $3773 in CRP income through 2031 - Potential hunting opportunities

Details

CountyJefferson
Zipcode62893
BrokerageWhitetail Properties
Brokerage Linkhttps://www.whitetailproperties.com
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