70+/- acre investment-grade farm in Lee County, Illinois near Amboy. This tract is 100% tillable with an average PI of 105.7, offering strong income potential and efficient farmability. The property is leased through 2028 at $300 per acre, providing immediate and stable annual cash flow with a strong 3.55% return at the asking price. An additional value-add opportunity exists as the adjoining landowner owns a pivot irrigation system that currently encompasses this farm. Potential water units may be available for purchase, creating future upside through irrigation access and enhanced productivity. Excellent opportunity for investors, 1031 exchange buyers, or operators seeking quality Northern Illinois farmland with stable income and long-term appreciation potential. Two-sided road access with several grain storage facilities within close proximity. See this Property Today!
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale Farm And Agriculture | $612,500 | Jim Maloof Realty, Inc. |
| Year | Annual Amount | Description |
|---|---|---|
| 2025 | $0 | SEC24 TWP20N RNG9 PT EH SEQ BK 0707-2076 |