C
Seller's Agent in 2024
Chase Burns
LandGuys, LLC of Illinois
(309) 368-0370
94 Total Sales
3231 Meadow Gate Rd Sherrard, IL 61281
201
Acres
--
Price per Acre
8,755,560
Sq Ft Lot
Highlights
- 201 Acre Lot
- Agricultural
- Level Lot
- No HOA
About This Lot
As of April 2024Introducing 201 acres of well-maintained, good quality farmland in Richland Grove Township of Mercer County, IL. With 166 acres in row crop production and 5+ acres in (expired) CRP waterways, this farm is over 85 percent tillable. The north 120 acres is gently rolling, and has been carefully managed with waterways and using cover crops. The south 80 acres is mostly level with levee protection along the Edwards River and one drainage ditch. Primary soil types are Sawmill, Fayette, and Orion silt loams, which culminate with others to make a combined 119.2 PI average. This is a quality piece of farmland that any operator would be blessed to have as part of their operation, and any serious land investor should be happy to have in their portfolio. Tenancy is open after the 2023 crop year. Existing farmhouse is currently rented and provides $450 per month in additional revenue. The farm is located 1 mile due west of Swedona, IL on Meadow Gate Road, in Sherrard School District.
Last Agent to Sell the Property
LandGuys, LLC of Illinois Brokerage Phone: 309-368-0370 License #471019052 Listed on: 06/02/2023
Last Buyer's Agent
LandGuys, LLC of Illinois Brokerage Phone: 309-368-0370 License #471019052 Listed on: 06/02/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,997
Year Built
- Built in 1902
Lot Details
- 201 Acre Lot
- Level Lot
Home Design
- 1,519 Sq Ft Home
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Sherrard High School
Utilities
- Well
- Septic System
Additional Features
- Residence on Property
- Agricultural
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 06-06-23-100-011
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2024 04/15/24 | Sold | $1,929,600 | -6.3% | $1,270 / Sq Ft |
| 10/05/2023 10/05/23 | Pending | -- | -- | -- |
| 07/27/2023 07/27/23 | Price Changed | $2,060,250 | -8.1% | $1,356 / Sq Ft |
| 06/02/2023 06/02/23 | For Sale | $2,241,150 | -- | $1,475 / Sq Ft |
Source: RMLS Alliance
Tax History Compared to Growth
Agents Affiliated with this Home
-
Chase Burns
Map
Source: RMLS Alliance
MLS Number: CA1022596
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