198 Acre Peotone Farm
| Status: | Active |
| County: | Will |
| Township: | Will |
| Address: | S. Ridgeland Ave. Peotone IL 60468 |
| Gross Land Area: | 198 Acres |
| Hectare Conversion | |
| Property Type: | Vacant Farm Land |
| Possible Uses: | Agricultural Production/Future Development |
| Total Investment: | $1,702,800.00 |
| Monetary Conversion | |
| Unit Price: | $8600.00 per acre |
| Productivity Index (PI): | 126.9 |
| Buildings: | No Buildings on this Parcel |
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
This 198 acre parcel is located east of downtown Peotone, Will county, Illinois This rolling farmland is immediately east of town on the Beecher Blacktop. Utilities are near the property. The farm sets within the outer boundary of the proposed Peotone Airport.+ View Brochure
+ View Property Disclaimer and Disclosure.
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Property Video
Property Map
Listing Details
General Information |
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| Listing Name: | 198 Acre Peotone Farm | |
| Tax ID Number/APN: | 20-21-20-100-005 | |
| Possible Uses: | Agriculture and Future Development | |
| Zoning: | Agriculture A-1 | |
Area & Location |
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| School District: | Peotone School District 207U Peotone Elementary School Peotone Junior High Peotone High School |
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| Location Description: | This 198 acre parcel is located east of downtown Peotone, Will county, Illinois a small rural community south of Chicago, between I-57 and Illinois Route 50. Residents enjoy the tranquility of country life-style. Homes range form turn of the century to new contemporary homes. The Village of Peotone is poised for growth and economic development. with its proximity to the I-57 interchange allows movement of raw materials and product. Peotone is 20 minutes from a Metra station which provides a short train ride to downtown Chicago. Shopping centers, restaurants and cultural venues are just a short drive away. |
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| Site Description: | This property has 198 acres of rolling farm land. The Black Walnut Creek runs through the northwest section of the farm. | |
| Side of Street: | This 198 Acre Parcel sits South of Beecher Road and East of Ridgeland Ave. | |
| Highway Access: | I-57 interchange is located 3.5 miles to the west and south of the property off of West Wilmington Road. | |
| Road Type: | The roads north and west of the property are constructed of asphalt and black top | |
| Property Visibility: | The property sits at the intersection of Ridgeland Avenue and Beecher Road which has 3100 cars passing each day. | |
| Largest Nearby Street: | Beecher Road is the largest nearby street near this 198 acre parcel. Illinois Rt. 50 is one mile west of the farm. | |
| Transportation: | The Metra train station at University Park is approximately 10 miles north on IL Rt. 50. A second station is 20 minutes from west of the farm in Manhattan, IL. | |
Land Related |
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| Lot Frontage (Feet): | 3500 Feet of frontage along Beecher Road and 2500 feet along Ridgeland Ave. | |
| Tillable Acres: | This parcel has 187.9 acres of tillable land. | |
| Lot Depth: | This parcel is 3500 feet deep east to west and 2500 feet north to south along the west border and is 2650 feet deep along the eastern lot line. | |
| Buildings: | There are no buildings on this property. | |
| Flood Plain or Wetlands: | There are approximately 65 acres of this parcel that fall into FEMA Zone A, which is a 100 year Flood Zone. See the FEMA report included in the brochure for further information. A small number of wetland acres are located along the Black Walnut Creek in the north west corner of the parcel. |
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| Topography: | The topography on this 198 acre farm is rolling with a variance of 22' from the lowest area to the highest. See the topography and contours maps in the brochure for more information. | |
| FSA Data: | DCP Cropland is 187.92 Acres Corn Base is 94 acres, PLC Yield is 149 bushels per acre Soybean Base is 92.8 acres, PLC Yield is 46 bushels per acre |
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| Soil Type: | Pella Silty Clay Loam (153A) Varma Silt Loam (223C2) Elliot Silt Loam (146B) Elliot Silty Clay Loam (146B2) |
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| Available Utilities: | Public water and sanitary sewer is available through Aqua Illinois | |
Financials |
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| Finance Data Year: | 2018 taxes paid in 2019 and 2019 taxes are paid in 2020 | |
| Real Estate Taxes: | $4771.22 in taxes were paid in 2019 or $24.10 per acre. | |
| Investment Amount: | The price to purchase this 198 acre parcel is $1,623,600.00 or $8,200 per acre. | |
Location |
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| Address: | South Ridgeland Avenue Peotone, IL 60468 |
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| County: | Will | |
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.