NOT LISTED FOR SALE

0 W Coral Rd Marengo, IL 60152

87.33 Acres
-- Price per Acre
3,804,095 Sq Ft Lot

Last Sold December 05, 2023

Last sale price $1,105,675

7 Days on Market

Highlights

  • 87.33 Acre Lot
  • Riley Community Consolidated School District 18 Rated A-
  • Farm

About This Lot

As of December 2023

Southern McHenry County, Illinois agricultural investment. This 87 acre parcel consists of approximately 85 acres (97%) of tillable land. Excellent location on Coral Rd just east of Illinois Rt 23 and approximately 2.5 miles north of the I-90 Interchange at Rt 23 (easy access to the Chicago suburbs & Rockford) and approximately 3 miles south of Marengo. The majority of the soils on this farm are Kane Silt Loam, Lisbon Silt Loam & Parr Silt Loam. The farm has a 124.9 PI and is ideal for grain farming. The property is also situated very near to several active sand & gravel operations indicating possible future use for mineral extraction. The buildings on-site are not functional at this time. A well is present on the farm - the operational status of which is unknown. Excellent opportunity for a long-term Ag investment! Farm is leased thru March 2024.

Last Agent to Sell the Property

Clancy Green

Berkshire Hathaway HomeServices Starck Real Estate License #471015295 Listed on: 08/01/2023

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Rick Bellairs

Berkshire Hathaway HomeServices Starck Real Estate License #475129998

Berkshire Hathaway HomeServices Starck Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,050

Lot Details

  • 87.33 Acre Lot
  • Lot Dimensions are 1330x2845x1305x3032
  • Additional Parcels
  • Property is zoned AGRIC

Schools

  • Marengo High School

Additional Features

  • Electricity Available at Street
  • Farm
  • Private Company Owned Well

Property Details

Property Type

Land

Est. Annual Taxes

$8,050

Lot Details

0

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt
  • General Information: None
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 1330
  • Frontage Type: Paved
  • List Price: 1218000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric Nearby, Well Private

Schools

  • High School: Marengo High School
  • Middle/Junior School District: 18

Lot Info

  • Additional Parcels Description: 1614200002
  • Additional Parcels: Yes
  • Lot Size Acres: 87.33
  • Lot Dimensions: 1330X2845X1305X3032
  • Zoning: AGRIC
  • Lot Size: 25.0-99.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 3

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 8049.84
  • Tax Year: 2022

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2023 12/05/23 Sold $1,105,675 -9.2% --
08/09/2023 08/09/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $1,218,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11843983

Midwest Real Estate Data (MRED)