0 whitney road, franklin grove, IL 61031

Asking Price
The price of a property as listed on the market.

$1,570,000
Resale (MLS)
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
This listing is NOT a foreclosure. Illinois Farm and Rec Land is excited to offer this CLASS A tillable farm (133 Productivity Index (PI)) ocated in Lee County, IL. This tract consists of 132.66 taxable acres with 120.92 crop acres and the balance in waterway and creek. The farm offers exceptional 2 sided hard road access from both the South and West. The primary soil types throughout the farm are Oscar Silt Loam, Catlin Silt Loam and Comfrey Silt Loam. There is a transferrable solar lease that is proposed to consist of 30 acres on the South side of the farm along McGirr Road. This lease agreement will be transferred to the new owner at the time of closing. There is great future revenue upside if the solar project is completed with payments starting at $900/acre with annual escalators attached. Preliminary County approval has been met for the project to be executed. Open Tenancy for the 2025 crop season.This MLS Resale home is vacant land located in Franklin Grove. It offers in size, beds and baths. Review its detailed information and determine if this Franklin Grove MLS Resale has the qualities you are looking for.

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Email New Homes Like These On Thursdays, get weekly alerts direct to your inbox from us with the newest properties in your search area.

Property Info
Property ID880330151
MLS NumberPA1250062
CountyLEE
Property TypeVacant Land
Listing StatusActive
Property Brokerage: Jim Maloof Realtor , 803 W Pioneer Parkway, Peoria, IL61615
Copyright © 2024 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

© SmartZip, Inc., 2024. Home estimated values and investment ratings are provided by SmartZip Analytics, Inc. and subject to SmartZip's Terms of Use. What's a SmartZip Score?

Search New Location
Get Foreclosure Alerts Delivered to Your Inbox