50 Acre Peotone Kahn Farm
| Status: | Active |
| County: | Will |
| Township: | Peotone |
| Address: | 31601 S. 120th Ave Peotone IL 60468 |
| Gross Land Area: | 80 Total acres willing to split into 50 acres of farmland and 30 acres with buildings |
| Hectare Conversion | |
| Property Type: | Vacant Farm Land with Development potential |
| Possible Uses: | Agricultural Production/Future Development |
| Total Investment: | $331,200 |
| Monetary Conversion | |
| Unit Price: | $6624.00 per acre |
| Productivity Index (PI): | 119.1 |
| Buildings: | There are no buildings on this parcel |
| Utilities: | Electric, Well and Septic |
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
Sellers are willing to split this farm into a 50 acre parcel which is mostly tillable farmland and a 30 acre parcel with house and farm buildings. The 50 acre parcel is mostly tillable farmland with the Forked Creek crossing the farm. Good soil PI of 119.1 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: | 50 Acre Peotone Kahn Farm | |
| Tax ID Number/APN: | 17-20-30-300-001 | |
| Possible Uses: | Farming, Recreational or transitional land Sellers are willing to split the 80 acre farm into a 30 acre parcel with buildings. This would be a great site for country living. The house is a small ranch home on approximately 3 acres. The balance of the 30 acres is mostly tillable farmland. Currently there is a tenant in the house. Rental details available from listing broker. |
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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 50 acre parcel is rolling farmland and is mostly tillable land, with the Forked Creek crossing through the northeastern part. The 49 tillable acres are good quality farmland typical for the area. The additional available 30 acre parcel is mostly creek and timber. There is a house and buildings that sit on 3 acres of the 30 acre parcel. |
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| Side of Street: | The 50 acre parcel sits on the east side of 120th avenue. | |
| 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. | |
| Property Visibility: | This property has 465 feet of frontage along 120th avenue. | |
| Largest Nearby Street: | Wilmington-Peotone road is just half a mile north. | |
Land Related |
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| Lot Frontage (Feet): | This 50 acre parcel has approximately 465 feet of frontage along 120th avenue. | |
| Tillable Acres: | This 50 acre farm has approximately 49 tillable acres and there is a total of 63.25 total tillable acres in the 80 total acres. | |
| Lot Depth: | This parcel is 2689 feet deep from east to west along the northern part of the property. | |
| Buildings: | There are no buildings on this 50 acre parcel, but there is a house and out buildings available on an adjacent 30 acre parcel. | |
| Flood Plain or Wetlands: | The farm does have flood plain and wetlands along 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: 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 all 80 acres and building is $5,649.70 or $70.99 per acre | |
| Investment Amount: | 50 Acres of farmland is priced at $431,200 30 Acre building site is priced at $245,800 Total investment for all 80 acres and buildings is $577,000 |
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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.