177 acres of combination farmland, woods, & CRP income
Legal: Part of Section 6, T1N R8E of the 3rd P.M., Wayne County, Illinois
Directions: Property is located approx. 7 miles NE of Cisne, IL or 10 miles S of Clay City, IL (Approx. 50 miles S. of Effingham, IL or 40 miles NE of Mt. Vernon, IL)
Lot Size: 177 acres
Price: $619,500 ($3500/ac)
Tillable Acres: Row Crops – 26.6 acres @ $144/yr = $3,842 (Yearly cash rent)
CRP – 40.93 acres @ $167.76/yr = $6,866 (Contract expires 9/30/2026)
CRP – 5.59 acres @ $162.27/yr = $907 (Contract expires 9/30/2029)
CRP – 2.89 acres @ $157.02/yr = $454 (Contract expires 9/30/2029)
CRP – 21.13 acres @ $115.14/yr = $2,433 (Contract expires 9/30/2024)
Total yearly income on this farm $14,502
Mineral Rights: Sellers retain no mineral rights; however, subject to any prior reservations.
Possession: At closing subject to present tenancy agreement.
Soil Types: See soil map.
Crop Productivity Index: 100.4
Real Estate Taxes:
Improvements: This is an outstanding hunting/recreation property with excellent income. This property is also improved with a pole style building with finished living quarters which is ideal for the weekend getaway.