is pleased to present for sale 40 +/- ACRES IN COLES COUNTY, IL
GORSUCH-HENSLEY REAL ESTATE & AUCTION, INC. 1050 North Main Street Canton, IL 61520 309.647.8811—Phone 309.649.5469—Fax www.gorsuch-hensley.com—Website
[email protected]—Email
PROPERTY DESCRIPTION Gorsuch-Hensley Real Estate & Auction, Inc. is pleased to offer for sale 40 +/- acres located approximately 8 miles North of Charleston, in Section 35 of Seven Hickory (N) Twp, Coles County, IL. To reach the farm from the north edge of Charleston on Illinois Highway 130, travel North on IL Hwy 130 for approximately 8 miles to Coles County Road 1700 North. Turn right/east onto CR 1700 N, travel for 0.5 miles and the farm will begin on your right/south. Watch for our signs! The property is comprised of prime quality tillable farmland. According to the Coles County FSA Office, the farm contains 38.94 cropland acres. The corn base is 19.7 acres, and the soybean base is 19.2 acres. The farm has been enrolled in ARC-County for farm program purposes. There are no building improvements on this property. The 2013 real estate and drainage taxes, paid in 2014, totaled $1,604.60. The asking price for the property is $498,000.00 total, or $12,450 per acre. There is not a lease in place for the 2015 crop year; therefore a farmer-buyer would be able to operate the land in 2015, or an investor-buyer would have the ability to select their own tenant. The Seller, who has operated the property for several years, would consider a leaseback if the purchaser of the farm was interested in such an arrangement. This tract would make an exceptional purchase for a farmer seeking to expand an existing farm operation, or an investor seeking to purchase a farm for portfolio diversification. Note: There are 3 additional nearby tracts of land (totaling 111 +/- acres) for sale by the same owner, and the Seller would consider an offer for the entire property. For additional details, please contact Listing Broker, Doug Hensley, at 309.647.8811.
SUBJECT
IL Hwy 130
PLAT MAP
CR 1700 N
CR 1600 N
Additional Land For Sale -40 Ac. @ $12,375/Acre -31 Ac. @ $11,612/Acre -40 Ac. @ $12,125/Acre
CR 1200 N