Productive Tillable Tract With High ROI

Description

This is an excellent opportunity to own a great income producing farm, commonly known as Tract #6—59 M/L acres. This farm is turn key and ready to produce results for the next owner. This farm has been owned, maintained, and farm operated by the same family for over a half-century. This farm provides an excellent return on investment and has the potential to be highly productive, with the 2018 soybean crop averaging 72 bushels. There are also six additional farm and recreational/hunting tracts contiguous to this one that are available. This property is located in northeastern Morgan County, 10 minutes southwest of Ashland. Showings are by appointment only. Please call the Listing Agent for more information.

Property Details

  • 30 minutes west of Springfield
  • 20 minutes northeast of Jacksonville
  • 10 minutes southwest of Ashland
  • Tract #6—59 m/l acres with additional tracts available
  • 58 m/l acres of cropland with 72 bushel soybean average in 2018
  • 98% tillable cropland
  • 70% of soil has an average productivity index (PI) of 119.1 with overall average 110.8 (Agridata 2019)
  • Predominantly well drained soil
  • Potential annual cash rent income of $14,500
  • 1.22 +/- acres of CRP with an annual return of $293.18 through 2027
  • Total potential annual income of $14,793.18
  • Farming rights open for 2020 season
  • Farm is accessible with a field entrance from Collins Road
  • 2 local grain markets within 5-10 minutes of the farm
  • Taxes $731.00

Collins Road, Lot #WP002
Ashland, Illinois 62612