0111 NW 1200 St., Hillview, IL 62050
Other
IDR Rp23,983,355,135
USD $1,332,000
Published on: 20 May 2026
Last updated on: 03 Jun 2026
Property ID: 110108151370
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Vacant Land - Hillview, IL
0111 NW 1200 St., Hillview, IL 62050
111 +/- tillable acres being split off from a larger 168 +/- acre farm. The land boasts excellent cash rent returns, high yields, irrigation and long-term rent options. Ideal for an investor, this farm comes with a $400/ac cash rent in place for 2026 with options to extend. Full cash rent will be funded at closing. Investment Analysis(Estimated)Asking Price: $1,387,500 ($12,500/ac)$400/ac cash rent: $44,400 (111 acres)Drainage tax: $3,846 (+/-)Property tax: $2,970 (+/-)Net Income: $56,879 (+/-)Cap Rate: 2.8% (+/-) Yield data shows an average corn harvest at 188-197 bu/ac. A soil test was completed in April of '26 and is attached in the property documents section. There is anestimatedSection 180 excess soil fertility deduction of over $1,400/ac.
Property Details
Basic Info
Basic Info
Property Type
Other
Listing Status
Active
Land Size
449,201.47 m2
Architecture Style
Other
Parcel ID
06-11-29-8
Provider
My State MLS
Brokerage Office Name
National Land Realty, Illinois
Brokerage Office Phone
855-384-5263
Address
0111 NW 1200 St., Hillview, IL 62050
Contact Agent
Alec Wardenburg
Contact Agent
Contact Agent
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Alec Wardenburg
216 N Congress St, Rushville, IL 62681
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Property ID: 110108151370
Original Property ID: 3yd-NYSMLS-11777490Data provided by My State MLS, MLS #: 11777490
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