+/- 77.5 Acres Farm Land/Future Deer Hills Homesites

$724,625
  • Location: Belvidere, Illinois 61008
  • Property Type: Residential

Features

  • Price:$724,625
  • Property Type:Residential
  • Property Sub-type:Commercial/Other(land)

Description

Farm land with development potential and current income!  Located at Squaw Prairie & Beaver Valley Roads in Belivdere, Illinois within Boone County.  +/- 77.5 acres preliminary platted for 147 single family lots in Deer Hills Phase II. Million dollar homes in the adjacent neighborhood to the west. Sewer and water adjacent in Deer Hills Phase I.  Approximately 62.5 tillable acres per FSA with soils: predominantly Comfrey, Martinsville, Millington, Virgil, & St. Charles silt loams.  Average productivity index of 126. Cash rent $16,875 for 2018 includes $275/acre plus indexed flex rent.  Asking sale price $$724,625 ($9,350 per acre) .

+/- 77.5 Acres Farm Land/Future Deer Hills Homesites