For Sale
$2,320,245

2050Th St Atkinson, IL 61235

High-quality Illinois farmland, excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 153-acre agricultural property in Henry County, Illinois, presents a compelling investment opportunity. Located at the southwest corner of Rock Island Road and 2050th Street, approximately one mile west of Atkinson, IL, this expansive tract boasts high-quality soils, resulting in a productivity index (PI) of 138.7. The land features one large, highly productive field, and is partially systematically drained with good outlets, ensuring efficient water management. The eastern end of the property benefits from systematic tiling. Currently under a cash rent lease, which expires February 28, 2025 (approximately 0.3 years remaining), this lease offers immediate income potential and presents the possibility of lease extension upon purchase. The property's Assessed Parcel Numbers (APNs) are 09-29-400-005, 09-29-400-004, 09-28-300-007, and 0-28-300-010. The asking price for this highly productive and well-situated farmland is $2,320,245. This represents an excellent opportunity for investors seeking strong returns in a stable agricultural market. The property's address is E 2050th St, Atkinson, IL 61235.

Highlights

  • High-yield agricultural land with excellent soil quality.
  • Strong investment opportunity with existing cash-flowing lease, extension potential.
  • Well-drained property, featuring tiled eastern drainage.

Property Details for 0 2050Th St

Property type
Land, Farms
Lot Size (sq. ft)
6,664,680 SF

Location Insight

City
Atkinson
County
Henry
State
Illinois
Latitude
41.4317916
Longitude
-90.0392324

FAQs

What type of property is this?
Land - High-quality Illinois farmland, excellent investment.
Where is the land located?
The property is located at 2050Th St Atkinson, IL.
What is the asking price?
The asking price for this property is $2,320,245.
What are key features of this property?
This property features: High-yield agricultural land with excellent soil quality.; Strong investment opportunity with existing cash-flowing lease, extension potential.; Well-drained property, featuring tiled eastern drainage.
How can I contact the broker?
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0 2050Th St
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