For Sale
$1,695,689

36 Bonus Township Garden Prairie, IL 61038

125 Acres, $1.7M, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 125.4-acre property, located in desirable Boone County, Illinois, presents a unique investment opportunity. Situated in Sections 1 of Spring Township and 36 of Bonus Township, near Garden Prairie (zip code 61038), this expansive land parcel offers significant potential. The property boasts approximately 108 tillable acres, ideal for agricultural pursuits, with a surety indicating a total acreage of 125.4 acres. The 2022 real estate taxes totaled $4,062.66, and the land is currently priced at $10,300 per acre, resulting in an asking price of $1,695,689. The property is classified as both commercial and farmland, providing flexibility for various uses. Taxable acreage is listed at 164.63 acres, a discrepancy to be clarified with further due diligence. The current tenancy is open for 2025, offering potential for immediate income generation or long-term development. The seller is open to dividing the property

Highlights

  • South Garden Prairie, IL location.
  • Sections 1 & 36, Spring & Bonus Townships, Boone County, IL.
  • 2022 Real Estate Taxes: $4,062.66.
  • 164.63 taxable acres; ~108 tillable acres.
  • Productivity Index (PI) of 125.4.
  • Open tenancy in 2025.

Property Details for 36 Bonus Township

Property type
Land, Farms
Lot Size (sq. ft)
5,462,424 SF

Location Insight

City
Garden Prairie
County
Boone
State
Illinois
Latitude
42.2883913
Longitude
-88.7301525

FAQs

What type of property is this?
Land - 125 Acres, $1.7M, High Potential
Where is the land located?
The property is located at 36 Bonus Township Garden Prairie, IL.
What is the asking price?
The asking price for this property is $1,695,689.
What are key features of this property?
This property features: South Garden Prairie, IL location.; Sections 1 & 36, Spring & Bonus Townships, Boone County, IL.; 2022 Real Estate Taxes: $4,062.66.
How can I contact the broker?
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36 Bonus Township
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