$1,399,200
SOLD AUG 16, 2024

0 Whitney Rd Franklin Grove, IL 61031

132 Acres
$10,600 Price per Acre
5,749,920 Sq Ft Lot

Recently Sold

11% Below List Price

71 Days on Market

Highlights

  • 132 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of August 2024

Illinois Farm and Rec Land is excited to offer this CLASS A tillable farm (133 Productivity Index (PI)) located in Lee County, IL. This tract consists of 132.66 taxable acres with 120.92 crop acres and the balance in waterway and creek. The farm offers exceptional 2 sided hard road access from both the South and West. The primary soil types throughout the farm are Oscar Silt Loam, Catlin Silt Loam and Comfrey Silt Loam. There is a transferrable solar lease that is proposed to consist of 30 acres on the South side of the farm along McGirr Road. This lease agreement will be transferred to the new owner at the time of closing. There is great future revenue upside if the solar project is completed with payments starting at $900/acre with annual escalators attached. Preliminary County approval has been met for the project to be executed. Open Tenancy for the 2025 crop season.

Last Agent to Sell the Property

Brad Belser

Jim Maloof Realty, Inc. Brokerage Phone: 309-231-1449 License #475164898 Listed on: 05/07/2024

Jim Maloof Realty, Inc.

Last Buyer's Agent

Brad Belser

Jim Maloof Realty, Inc. Brokerage Phone: 309-231-1449 License #475164898 Listed on: 05/07/2024

Jim Maloof Realty, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 132 Acre Lot
  • Level Lot

Schools

  • Ashland-Chandler District #262 High School

Utilities

  • Water Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-09-12-400-003

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Recreational
  • Attribution Contact: Pref: 309-231-1449
  • Special Features: None

Exterior Features

  • Lot Features: Level, Agricultural
  • 100YearPlain: No

Utilities

  • Utilities: None
  • Water Source: No Sewer, No Water

Condo/Co-op/Association

  • MandatoryAssocMonthlyFeeYN: No
  • MandatoryAssocAnnualFeeYN: No

Schools

  • High School: Ashland-Chandler District #262

Lot Info

  • Zoning: Agricultural
  • Lot Size Acres: 132
  • Lot Size: 132
  • Cultivated Acreage: 121
  • Parcel #: 06-09-12-400-003

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5016.1
  • TaxExemptions: None

Range of Values:

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Average Value
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List Price
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 Change Sq Ft Price
08/16/2024 08/16/24 Sold $1,399,200 -7.9% --
07/17/2024 07/17/24 Pending -- -- --
06/06/2024 06/06/24 Price Changed $1,520,000 -3.2% --
05/07/2024 05/07/24 For Sale $1,570,000 -- --
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Brad Belser

    Jim Maloof Realty, Inc.

    (309) 231-1449

    47 Total Sales

    Brad Belser
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Map

Source: RMLS Alliance

MLS Number: PA1250062

RMLS Alliance

Illinois Lee County Franklin Grove 61031

0 Whitney Rd, Franklin Grove, IL

This home is located at 0 Whitney Rd, Franklin Grove, IL 61031 and is currently priced at $1,399,200. 0 Whitney Rd is a home located in Lee County with nearby schools including Ashton-Franklin Center Elementary School, Ashton-Franklin Center Middle School, and Ashton-Franklin Center High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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