69 Acres Peotone Farm
| Status: | Sold |
| County: | Will |
| Township: | Peotone |
| Address: | W. Kennedy Rd. Peotone IL 60468 |
| Gross Land Area: | 69.73 total acres |
| Hectare Conversion | |
| Property Type: | Vacant farmland with Development Potential |
| Possible Uses: | Agricultural Production |
| Total Investment: | $679,867.00 |
| Monetary Conversion | |
| Unit Price: | $9,750 per acre |
| Sold Price: | $600,000.00 |
| Productivity Index (PI): | 121.7 |
| Value Per PI Point: | 70.71 |
| Buildings: | No Buildings |
| Utilities: | Electric at site, well & septic needed for a new building |
| Zoning: | Agriculture |
For more information contact:
Mark Goodwin
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.
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Property Overview
69 Acres on the south-side of Peotone. Less than 2 miles to I-57 interchange. Nice long term development potential, priced as farmland. Many potential uses other than agriculture production. Great location for your business. Frontage on Kennedy Rd and at the "T" intersection of Rathje Rd. The farm is parallel to Rt. 50 on the west side of the CN railroad tracks.+ View Brochure
+ View Property Disclaimer and Disclosure.
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Property Map
Listing Details
General Information |
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| Listing Name: | 69 Acre Peotone Farm | |
| Tax ID Number/APN: | 17-20-35-200-003 17-20-36-100-007 |
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| Possible Uses: | This is good farmland in the path of growth. Potential for residential, commercial, or business. | |
| Zoning: | Currently zoned agriculture. | |
Area & Location |
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| School District: | Peotone Community School District 207U | |
| Location Description: | The farm is found on the south side of Peotone. Easy access to the I-57 expressway, Rt. 50 is along the east boarder. | |
| Site Description: | Level to gently rolling farmland with frontage along the CN rail line. | |
| Side of Street: | South side of Kennedy road. | |
| Highway Access: | I-57 is only two miles northwest of the farm. Rt. 50 is adjacent to the farm. | |
| Road Type: | Tar & chip road | |
| Property Visibility: | Good frontage on Kennedy road. | |
| Largest Nearby Street: | Rt. 50 is along the east side of the farm. | |
Land Related |
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| Lot Frontage (Feet): | 1456 feet of frontage on Kennedy road. | |
| Tillable Acres: | Approximately 67.4 tillable acres. | |
| Buildings: | No buildings | |
| Zoning Description: | Zoned Agriculture | |
| Flood Plain or Wetlands: | No acres are showing up as flood plain, but a small area behind the old farmstead is designated as wetland. | |
| Topography: | Gently rolling farmland. | |
| FSA Data: | Farmland acres are 69.23 Cropland acres are 67.46 Corn base acres are 34.4 acres with a yield of 103 bushels per acre. Soybean base acres are 32.2 acres with a yield of 36 bushels per acre. |
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| Soil Type: | The primary soil types are Elliott silt clay loam (146) and Ashkum silty clay loam (232) | |
Financials |
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| Finance Data Year: | 2017 Tax Year | |
| Real Estate Taxes: | 17-20-36-100-007 3.73 acres $69 17-20-35-200-003 66.03 acres $1,108 Total tax bill is $1177 or $16.87 per acre on 69.76 total acres |
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| Investment Amount: | The asking price is $9,750 per acre for 69.76 acres for a total investment of $679,867.00 | |
Location |
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| Address: | W. Kennedy road Peotone, IL 60468 |
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| County: | Will County Illinois | |
MARK GOODWIN PROFESSIONAL BIOGRAPHY
It is difficult to find a real estate professional that specializes in Illinois Land Brokerage. Our services area includes Kendall County, Grundy County, Kane County, LaSalle County, Kankakee County, Livingston County, Ford County,Bureau, Henry County, Kane County, Dekalb County, Lake County, Iroquois County, Vermilion County, Kankakee County, and Cook County. Illinois Land Brokerage is a very specialized segment of the real estate brokerage industry. Knowledgeable Land Brokers are difficult to find. Many agents can sell a farm, but how many have the experience and qualifications of Goodwin and Associates?
Mark Goodwin is a Illinois Land Broker who can advise you about your land asset. It takes an experienced Illinois Land Broker to understand how best to market your land asset or find the property that best fits the investors needs or desires. Goodwin and Associates is the Land Broker for you in Illinois. We can help you with the marketing of your farm, residential development land, industrial land and commercial land or help with the selection of farmland, commercial land, retail land, industrial land, residential development land, residential lots, industrial lots and commercial lots. We are here to help you reach your goals.
Mark Goodwin - Illinois Land Broker
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.