$630,000

5335 N Midway Rd Olney, IL 62450

Estimated payment $3,555/month

Total Views 6,418
70 Acres
$9,000 Price per Acre
3,049,200 Sq Ft Lot

About This Lot

This 70 acre property in Richland County, Illinois, offers an ideal blend of income-producing farmland, timber, a stocked fishing pond, and infrastructure, all just 6.5 miles from Olney and 7 miles from Noble. Whether you're a farmer looking to expand your operation, a hunter searching for a piece of ground, or an investor seeking a versatile land asset with long-term potential, this property brings a unique combination of features rarely available in one package.Approximately 37.5 acres of the tract are tillable, offering immediate income through farming or leasing. The tillable acres are well-shaped and workable, with productive soils that support consistent yields. For local operators, this is an efficient addition to your existing acreage. For investors, this is a hands-off, income-producing asset in a desirable area where quality farmland continues to appreciate steadily.Beyond the farm income, the remaining 29 acres of mature timber provide an exceptional recreational component. This wooded acreage is loaded with deer sign, The timber offers great bedding areas and travel corridors, making this property a prime spot for both archery and gun seasons. The layout supports multiple stand sites, and there is plenty of potential for food plots or habitat improvements to take the hunting to the next level.Adding to the appeal is a beautiful stocked pond tucked into the property, perfect for relaxing afternoons of fishing or enhancing the overall habitat for wildlife. The pond is a great feature for both personal enjoyment and future resale value. Whether you are casting for bass and crappie or enjoying the view with family and friends, this water feature adds both recreational and aesthetic value.The property also includes three outbuildings ideal for equipment storage, workshop use, or converting into hunting cabins or weekend retreats. Having infrastructure in place makes this tract extremely functional, especially for landowners who plan to spend time managing, hunting, or simply enjoying the property.There is an excellent potential home or cabin site on the property that offers seclusion and quiet country views, with road access and nearby utilities making the dream of rural living very achievable. It's an ideal location for a full-time residence, weekend getaway, or hunting camp setup. The access is convenient but private, with minimal traffic and plenty of buffer from neighboring properties.This property offers a rare mix of tillable income, recreational value, existing infrastructure, and building potential all within a short drive of town. For farmers, it adds productive acreage and useful storage. For hunters, it offers excellent habitat and diverse terrain. And for investors, it is a well-rounded asset with multiple revenue streams and long-term appreciation potential. Contact Land Specialist Josh Malone today to schedule your private showing of this diverse Richland County property.

Josh Malone

Listed on: 06/18/2025

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,462

Additional Features

  • Current uses include hunting/fishing, row crop, timber
  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$1,462

Lot Details

0

Listing Details

  • Office Phone: 618-292-9183
  • Listing Website: https://www.land.com/property/70-acres-in-richland-county-illinois/23902433/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Pond: True

Lot Info

  • Current Use: Hunting/Fishing, Row Crop, Timber
  • Lot Description: Tank/Pond

Map

Range of Values:

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Average Value
Not Available
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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,462 $26,058 $22,552 $3,506
2023 $1,331 $23,206 $19,786 $3,420
2022 $1,476 $27,760 $19,694 $8,066
2021 $1,365 $25,144 $17,351 $7,793
2020 $1,237 $23,025 $15,339 $7,686
2019 $1,130 $21,279 $13,593 $7,686
2018 $1,013 $19,692 $12,006 $7,686
2017 $627 $18,151 $10,518 $7,633
2016 $536 $16,374 $8,993 $7,381
2015 $457 $14,947 $7,760 $7,187
2014 $390 $14,050 $6,958 $7,092
2013 $369 $12,801 $6,110 $6,691
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 For Sale $630,000 -- --

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