58.4 Acre Combo Tract: Income+Recreation · Morgan County, Illinois

58.4 Acre Combo Tract: Income+Recreation · Morgan County, Illinois

With good income potential from multiple sources and diverse recreational appeal, this tract near Waverly, Illinois is loaded with possibilities!

Over 72% of the acreage generates income – 30.6 acres are in row crop and carry a weighted Productivity Index Rating of 120.6 (Class B). Another 11.64 acres are enrolled in fixed-rate CRP programs that yield $225 per acre through 2026. Additionally, an easement payment of $292 is made annually from Panhandle Eastern Pipeline. The property is easily accessed via a gravel lane off the well-maintained Nortonville Road that serves as the southern border to the property.

The remaining 16.16 acres are picturesque and offer a wide range of recreational options. With grassland, trees, a gorgeous pond, and a nice pole frame shed, the opportunities are far- reaching. Whether you’re simply looking for a getaway destination for tent camping, or perhaps a secluded spot to build (water runs along Nortonville Road), this tract is an ideal size to not break the bank to make it yours. Veiled hunting potential even exists, with frequent whitetail sightings due to onsite food and water sources, and its proximity just south of a neighboring timber tract.

For more information or to schedule a showing call Allan Worrell, the Sellers’ Agent, at 217.245.1618.

Location: Southeast Morgan County, Illinois approx. 2 miles Southwest of Waverly in S22-T13W-R8W

Interactive Map: To view an interactive map of the property, click here.

2018 Taxes: $830.00

Productivity Index Rating (tillable acreage): 120.6

Topography: Level to rolling

Mineral Rights: In tact

Possession and Terms: Possession at closing, subject to tenant’s rights. Cash at closing.

Asking Price: $400,000

Gallery

Luke Worrell is the Managing Broker for Worrell Land Services, LLC.

  • County: Morgan
  • Total Acres: 58.4
  • Tillable Acres: 30.6
  • CRP Acres: 11.64
  • Type: Combo Land - Tillable, CRP, Recreational
  • Price: $400,000
  • MLS#: CA2131
  • Contact Broker: Allan Worrell