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$933,727
Est. payment /mo
117.45 Acres Lot
UPDATED:
10/22/2024 03:50 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202405112
Annual Tax Amount $6,631
Tax Year 2022
Lot Size 117.450 Acres
Property Description
Situated just east of Freeport, this property is comprised of 117.45 +/- total acres. Of that, approximately 97.4 acres are enrolled in the Conservation Reserve Program (CRP), with the balance of the acreage being timber. In total, the CRP acreage is paying approximately $29,212 annually with the contract expiring in 2027. This farm was previously row cropped prior to the CRP contract being put in place. A few options the future owner would have would be to put the farm back into tillable production right away (subject to buyback payments) or they could wait until the expiration of the CRP contract in 2027 and begin farming then. The property boasts very fertile soil with the primary soil types being Huntsville Silt Loam, Batavia Silt Loam, and Thorp Silt Loam providing a weighted average productivity index of 130.7. For someone looking for a hunting property, this farm has lots of potential no matter what species you’re after. Deer, turkeys, waterfowl, and pheasants can all be found on the property. The CRP grasses provide a wide range of benefits to the wildlife. From natural browse and bedding cover for deer, to nesting habitat and cover for turkeys and pheasants. There is a strong population of deer and turkey in the area and with a short tour of the property you’ll notice plenty of tracks and sign. Several areas offer excellent stand locations for deer by capitalizing on natural funnels made by the river and habitat. The future buyer would be able to divide the current CRP contract, should they want to take out some CRP acres to plant food plots or additional cover for wildlife. A CRP contract division would be subject to buyback payments. For the waterfowl hunter, this property has approximately ¾ of a mile of Pecatonica River frontage. In addition, a natural slough is located on the south end of the property making the property an even more attractive stop for migrating birds.
Location
State IL
County Stephenson County
Building
Sewer Other
Water Other
Schools
Elementary Schools Freeport 145
Middle Schools Freeport 145
High Schools Freeport 145
School District Freeport 145
Others
Buildable Land Yes
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Listed by Midwest Land Group LLC
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 226-4848 | joanna@boutiquehomerealty.com