24.32 Acres · 91.2% Tillable, Potential Alternative Income Stream, Shed · Morgan County, Illinois
Not your typical 25 acre tract! With diverse revenue-streams, this strong income-producing 24.32 acre farm in Eastern Morgan County presents an exceptional opportunity for its new owner. In addition to 22.19 tillable acres (123.4 PI) that are open for the 2020 cropping season, if the APEX Wind Energy Project comes to fruition, the farm is set to receive $5,000 annually with a 2% increase each year for 30 years to account for underground cabling. The tillable acreage has proven itself to be a good producer, with 10-year averages of: Corn 196 and Soybeans 55. High fertility levels were reflected in soil tests from 2015: pH 6.4, P 74, K 331.
A very well-maintained 40’x60’ custom-made Wick Building with 12’ sliding doors was erected on the northeast corner of the property in 2006, providing ample storage space.
To learn more or to make an offer, contact the Listing Agent and Managing Broker, Luke Worrell via phone or text at 217.473.7039 or email at LukeW@Worrell-LandServices.com.
Location: Eastern Morgan County, just north of I-72 before the Alexander exit heading east approximately 7 miles from Jacksonville. Section 24 – Township 15N – Range 9W.
Access: From Courier Road along the northern boundary
2018 Taxes: $828.38 (Parcel 10-24-100-007)
Topography: Level to slightly rolling
Productivity Index Rating: 123.4
Primary Soil Types: Assumption, Osco, Ipava
Mineral Rights: In tact
Possession & Terms Summary: Down payment due upon signing a contract to purchase. Cash due and possession granted at closing.
Asking Price: $12,000 per acre
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Luke Worrell is the Managing Broker for Worrell Land Services, LLC.