NOT LISTED FOR SALE

1050 N 2330 Rd E Milford, IL 60953

508.5 Acres
-- Price per Acre
22,150,260 Sq Ft Lot

Sale Details

Date Sold: December 1, 2023

Last sale price $8,000,000

85 Days on Market

About This Lot

As of December 2023

Productive 508.50 acre farm for sale just North of Milford, Illinois. All acres are contiguous with the exception of 80 acres located directly across the road to the South. Property includes a building site with 70,000 bushels of grain storage including a leg, a __ x __ metal building with gravel floor, a __ x __ metal building with concrete floor, and a __ x __ woodshop and office. Farm includes clay tile that has been well maintained. There is a CRP contract on 63.1 acres paying $12,363 annually. There are current two (2) farm tenants on the property with leases through the 2024 farming season. Average PI of 117.27. Additional Farm 1 is 160 acres more or less with an Average PI of 121.23. Additional Farm 2 is 157 acres more or less with an Average PI of 132.76

Last Agent to Sell the Property

Ross Sorensen

LandGuys LLC of Illinois License #475205407 Listed on: 05/16/2023

Last Buyer's Agent

James Ferguson

LandGuys LLC of Illinois License #475173882

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,081

Lot Details

  • 508.5 Acre Lot
  • Lot Dimensions are 1316x2640x1323x2630x3920x2628x6553x816x1042x1134x1197x720.04
  • Property fronts a state road
  • Additional Parcels

Schools

  • Milford Comm Consolidated Elementary And Middle School
  • Milford Comm Consolidated High School

Farming

  • Farm

Utilities

  • Electricity To Lot Line
  • Private Company Owned Well

Property Details

Property Type

Land

Est. Annual Taxes

$15,081

Lot Details

508.5 Acres

Listing Details

  • Property Type: Farm
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt, Gravel
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Farm
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: County Road, State Road
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Well Private

Schools

  • Elementary School: Milford Comm Consolidated
  • High School: Milford Comm Consolidated
  • Middle/Junior School: Milford Comm Consolidated

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 508.5
  • Lot Dimensions: 1316X2640X1323X2630X3920X2628X6553X816X1042X1134X1197X720.04
  • Lot Size: 100+ Acres
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 15080.54
  • Tax Year: 2021
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Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Sold $8,000,000 +48.1% --
08/10/2023 08/10/23 Pending -- -- --
07/05/2023 07/05/23 Price Changed $5,400,000 -10.0% --
05/16/2023 05/16/23 For Sale $6,000,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11784582

Midwest Real Estate Data (MRED)
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