74 Acre Wesley Township Farm
| Status: | Sold |
| County: | Will |
| Township: | Wesley |
| Address: | S. Wesley Road Wilmington IL 60481 |
| Gross Land Area: | 74.32 Acres |
| Hectare Conversion | |
| Property Type: | Vacant farmland with Development Potential |
| Possible Uses: | Agricultural Production |
| Total Investment: | $514,300 |
| Monetary Conversion | |
| Unit Price: | $6,950 per acre |
| Sold Price: | $467,145 |
| Productivity Index (PI): | PI Index is 111.7 |
| Value Per PI Point: | $56.40 |
| Buildings: | No Buildings |
| Zoning: | Agriculture |
For more information contact:
|
Douglas W. Deininger, ALC 1-815-439-9245 1-815-439-9245 doug@deininger-land.com |
|
Goodwin & Associates Real Estate, LLC is an AGENT of the SELLERS. |
Goodwin & Associates Real Estate, LLC 1-815-741-22261-815-741-2226 |
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Property Overview
74.3 Acres in Wesley Township approximately 3 miles SE of Wilmington on Rt. 102. the farm has frontage on S. Wesley road. There is potential for 16 single family lots. Currently being farmed.+ View Brochure
+ View Property Disclaimer and Disclosure.
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Property Map
Listing Details
General Information |
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| Listing Name: | 74 Acre Wesley Township Farm, Wilmington Illinois | |
| Tax ID Number/APN: | 08-25-18-401-001 08-25-18-401-002 08-25-18-400-012 |
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| Possible Uses: | Agricultural production, with potential for a 16 lot residential subdivision. This site was set up for residential development as part of the Thomas J Divens Sub. | |
| Zoning: | A-1 Agriculture in Will County. | |
Area & Location |
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| School District: | Wilmington School District 209U | |
| Market Type: | Rural residential | |
| Location Description: | Open farmland just off of IL Rt. 102 SE of Wilmington. Area of estate homes. Approximately 3 miles to Wilmington. | |
| Site Description: | Open rolling farmland | |
| Highway Access: | IL Rt. 102 is only 1900 feet. Nine miles to the I-55 entrance. | |
| Road Type: | Tar & Chip | |
| Legal Description: | LOTS 9 THRU 15 & THE S 3.54 ACRES OF LOT 16 & LOTS 19 THRU 24 IN THOMAS J DIVENS SUB, BEING A SUB OF PRT OF THE SE1/4 OF SEC. 18, & THE NE FRACT'L 1/4, N OF THE RIVER OF SEC. 19, & THE NW FRACT'L 1/4, N OF THE RIVER OF SEC. 20, T32N-R10E. | |
| Largest Nearby Street: | Il. Rt. 102 | |
Land Related |
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| Lot Frontage (Feet): | 520 feet of frontage on S Wesley Road. | |
| Tillable Acres: | Approximately 69.5 tillable acres with PI index of 111.7 | |
| Lot Depth: | Approximately 2600 feet deep. | |
| Buildings: | No buildings | |
| Topography: | Gently rolling | |
| FSA Data: | The data available is part of a larger farmed parcel. The farm can be separated after purchase. The current fsa yields are: Wheat 48 bushels/ac. Corn 139 bushels/ac Soybeans 40 bushels/ac. | |
| Soil Type: | Martinsville loam (570B), Selma loam (125A), Gilford fine sandy loam (201A) | |
| Soil Fertility: | Soil test done last in October 2015. P-1 is 28, K is 118 and PH of 6.3 | |
| Available Utilities: | Well & Septic required. | |
Financials |
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| Finance Data Year: | 2016 Real-estate taxes paid in 2017 |
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| Real Estate Taxes: | 08-25-18-401-001 $27.00 08-25-18-401-002 $20.00 08-25-18-400-012 $700.00 Total real-estate taxes $747.00 or $10/Ac |
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| Investment Amount: | Investment amount is $514,300 or $6,950 per acre. | |
Location |
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| Address: | Latitude -88.111 Longitude 41.251 S. Wesley Road, Wilmington, IL 60481 |
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| County: | Will County, Illinois | |
DOUGLAS W. DEININGER, ALC PROFESSIONAL BIOGRAPHY
As a member of the Illinois Farm and Land Brokers Chapter of the Realtors Land Institute, he was elected state President in 2000. In 2008 he acquired his Accredited Land Consultant accreditation (ALC) and also the Chapter awarded Mr. Deininger the Land Broker of the year award.
Doug has been a speaker at numerous Farmland Seminars sharing his expertise on farm land values, leasing, and 1031 like kind exchanges.
He has been a licensed farm real estate broker in Illinois for over 30 years. Throughout his career Mr. Deininger has sold or acquired approximately 100 million dollars in farm real estate. He has a genuine interest in finding the best possible solution for his clients.
Douglas W. Deininger, ALC
1-815-439-9245 1-815-439-9245 doug@deininger-land.com
is an AGENT of the SELLERS.
GOODWIN & ASSOCIATES REAL ESTATE, LLC
Goodwin & Associates Real Estate, LLC, LLC was established in 1996 as a land brokerage company. We specialize in farmland sales and marketing. We also offer brokerage services with industrial land, commercial land, residential development land and retail development land.
Goodwin & Associates Real Estate, LLC is based in Will County, but has effectively marketed and brokered properties from Metropolis Illinois to Grayslake Illinois. We are a full-service brokerage company with answers to your questions. In our years of experience, we have helped clients with the purchase and marketing of hundreds of millions of dollars in land investments.
Goodwin & Associates Real Estate, LLC
1-815-741-22261-815-741-2226