Legal: Part of Sec. 17, T1N R7E 3rd P.M., Wayne County, IL (Beford Twp.)
Directions: Property is located approx. 2 miles NW of Cisne, IL
Size: 45.99 acres (Surveyed)
Price: $220,752 ($4800/ac)
Tillable Acres: 35.32 FSA measured tillable acres in row crop production; 3.35 acres in CRP paying $384/yr. (contract expires 9/30/22) Total of 38.67 income producing acres (84%)
Mineral Rights: Sellers retain no mineral rights; however, subject to any prior reservations.
Possession: At closing – farm has open farming rights for 2021 farm season.
Soil Types: Bluford, Ava, Wynoose, & Belknap
Crop Productivity Index: 100.6
Real Estate Taxes: $440.40 (2019 Real Estate Taxes)
Improvements: This is very good income producing farm with easy access and township road frontage. At the asking price the ROI is very close to 3%.