60 acres of mostly tillable farmland located south of Keenes, IL
Legal: PIN: 07-67-045-011 The North Half of the Northwest Quarter of the Southwest Quarter of Section 17, T3S R5E of the 3rd P.M., Wayne County, Illinois
PIN: 07-67-045-007 The Southwest Quarter of the Northwest Quarter of Section 17, T3S R5E of the 3rd P.M., Wayne County, Illinois
Directions:
From Dahlgren go north on Co. Hwy. 13 5 miles. The property is on the east side of the road.
From Highway 15 in Keenes, IL go south on Co Hwy. 13 5 miles and follow the curve to the west. Continue on Co. Hwy. 13 3 miles. The majority of the farm is on the east side of the road.
(Approx. 5 miles SW of Wayne City, IL; Approx. 10 miles E of Mt. Vernon, IL or approx. 90 miles E of St. Louis, MO)
Lot Size: 60 acres
Tillable Acres: 50.99 acres (85%)
Mineral Rights: Sellers retain no mineral rights; however, subject to any prior reservations.
Possession: The current tenant has farming rights for the 2022 farming season.
Rent Agreement: Tillable acres are being rented on a 1/3 – 2/3 crop share with the landowner paying 1/3 of the fertilizer and chemical expenses. In 2021 the landowner’s crop share income was over $200/ac net.
Soil Types Tillable Acreage: Bluford and Belknap (See soil map for details.)
Crop Productivity Index: 101.7
Real Estate Taxes: $410.50 – 2018 real estate taxes
This attractive farm consists of 60 acres the majority of which being in tillable row crop production. Approximately 85% of the farm is tillable farmland and would make a very good investment property with a solid return. This farm offers good productive soil types with a weighted CPI of 101.7. The property has blacktop county highway frontage and is visible from Interstate 64. This is an ideal investment property for the investor or the farmer looking to grow their operation.
