$490,000
$600,000
18.3%For more information regarding the value of a property, please contact us for a free consultation.
138.5 Acres Lot
SOLD DATE : 02/03/2021
Key Details
Sold Price $490,000
Property Type Vacant Land
Sub Type Acreage & Farms
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20083934
Sold Date 02/03/21
Lot Size 138.500 Acres
Acres 138.5
Property Sub-Type Acreage & Farms
Property Description
138.5 acres in Madison County, IL with 4.5 +/- acre lake. This property would be an excellent site for a home overlooking your own private lake. The lower elevation portion of the property has Silver Creek running through it which provides great turkey and deer hunting, along with $10,421 annual income from a CRP contract which runs through September 30, 2034. There is additional income of up to $1,200 from cash rent on the tillable portion by the lake. A combination property providing residential site, hunting/fishing, and income is a rare find. Don't let this one get away!
Location
State IL
County Madison-il
Zoning Agricultural
Interior
Fireplace N
Exterior
Parking Features false
Utilities Available None
Private Pool false
Building
Sewer Other
Water Lake Water, In-Not Connected, Stream Water
Level or Stories None
Schools
Elementary Schools Highland Dist 5
Middle Schools Highland Dist 5
High Schools Highland
School District Highland Dist 5
Others
Ownership Bank
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition No Exemptions, None
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Bought with Phillip Brown
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "