60 Ac Peotone Kahn Farm
| Status: | Sold |
| County: | Will |
| Township: | Peotone |
| Address: | 31601 S 120th Ave Peotone IL 60468 |
| Gross Land Area: | 60 acres with buildings |
| Hectare Conversion | |
| Property Type: | Farmland with buildings |
| Possible Uses: | Agricultural Production |
| Total Investment: | $499,000.00 |
| Monetary Conversion | |
| Unit Price: | 8317 |
| Sold Price: | 457500 |
| Productivity Index (PI): | 119.3 |
| Value Per PI Point: | 63.92 |
| Buildings: | Buildings include House and open front shed |
| 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
This 60 acre farm with house and farm buildings has a nice combination of tillable and non-tillable acres. The farm includes the South Branch of the Forked Creek. This farm has good soil with a PI of 119.3. There is a ComEd easement along the south boarder of the farm.+ View Brochure
+ View Property Disclaimer and Disclosure.
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Property Map
Listing Details
General Information |
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| Listing Name: | 60 Acre Peotone Kahn Farm | |
| Tax ID Number/APN: | 17-20-30-300-001 | |
| Possible Uses: | Farming, Recreational or transitional land This would be a great site for country living. The house is a small ranch home on approximately 3 acres. The balance of the 60 acres is mostly tillable farmland. The home has a lockbox for viewing. |
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Area & Location |
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| School District: | Peotone Community Unit School District 207U | |
| Market Type: | Suburban/rural | |
| Location Description: | The farm is only half a mile south of W. Wilmington-Peotone road in Peotone Township, Will County. Rt. 52/45 is just 1.5 miles Northeast. Good roads and easy access to I-57 at Peotone. (about 4.7 miles) | |
| Site Description: | This is rolling farmland with the South Branch of the Forked Creek crossing through the farm. Good quality farmland typical for the area. The 60 acres is mostly tillable with some timber. The house and buildings sit on 3 acres of the 60 acres. The house is being sold "AS IS". | |
| Side of Street: | The 60 acre parcel sits on the east side of 120th Ave. | |
| Highway Access: | I-57 is only 4.7 mile at Peotone. Rt 45/52 is just 1.5 miles. |
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| Road Type: | The road is chip crete; tar and gravel. | |
| Largest Nearby Street: | Wilmington-Peotone road is just half a mile north. | |
Land Related |
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| Lot Frontage (Feet): | This 60 acre parcel has 856 feet of frontage along 120th Avenue. | |
| Tillable Acres: | The farm has approximately 45 tillable acres out of the 60 total acres. | |
| Lot Depth: | The 60 acre farm is 2640 feet deep or half a mile east to west.. | |
| Buildings: | There is a ranch home on the farm with a tenant in place. Other buildings include an old silo and small shed. There is also an open front building formally used as a cattle feedlot. There is some concrete where the old feedlot was located. | |
| Flood Plain or Wetlands: | The farm does have flood plain and wetlands along South Branch of Forked Creek. See the report and map in the brochure for further information. | |
| Topography: | The property is gently rolling. More information can be found on the contour and topography maps in the brochure. | |
| Soil Type: | The primary soil types on this farm are: Varma Silt Loam (223C2) Ashkum Silty Clay Loam (232A) Elliott Silty Clay loam (146) |
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| Available Utilities: | Electric is at the house. Well and septic system required for the house. | |
Financials |
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| Finance Data Year: | 2018 paid in 2019 | |
| Real Estate Taxes: | The total tax bill for the original 80 acres and buildings is $5,649.70. 60 Acres with buildings is priced at $465,000.00 | |
| Investment Amount: | 60 Acres with buildings is priced at $499,000.00 |
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Location |
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| Address: | 31601 S. 120th Ave Peotone, IL 60468 |
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| County: | Will County | |
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.