51.27 acres of farmland and wooded acreage located near the northeast city limits of Mt. Vernon, IL
Legal: 209.12 surveyed acres located in Sections 15 and 16, T2S R3E of the 3rd P.M., Jefferson County, IL. (Survey available upon request)
Directions: At the intersection of Highway 15 and Fairfield Road (Approx. 6.5 mile east of Mt. Vernon) go west on Fairfield Road 5.5 mile to McCauley Ln. turn north and go 1 mile until the road curves to the west. The property is on the north side of the road.
Lot Size: 51.27 Acres (Surveyed)
Price: $174,318 ($3400/ac)
Tillable Acres: 30.51 acres (60%) tillable current in row crop production
Mineral Rights: Sellers retain none; however, subject to any prior reservations.
Possession: At closing subject to present tenancy agreement.
Rent Agreement: Owner receives 1/3 of the crop. Open tenancy for the 2019 farming season
Soil Types Tillable Acreage: Grantsburg, Zanesville, Ava, Belknap, Kell
Crop Productivity Index: 88.5
Real Estate Taxes:
This farm has an ideal location at the edge of town with an excellent future potential for development. The property has adequate road frontage along its southern, western and northern borders. There are numerous building sites on this tract of land and exceptional hunting as well. If you are looking for a recreational tract with good income and excellent building locations then this property is for you.
