IL-71, Hennepin, IL 61326
Description of IL-71, Hennepin, IL 61326
Great investment property with great recreational value! This property consists of roughly 123 FSA tillable acres and 31 timber acres. Two sided access with ingress/egress on Rt 71 and ESK Rd. The tillable PI rating averages 113. The tillable cash rent rate is currently $150/ac, there will be open tenancy for 2019. Solar energy developers have shown strong interest in leasing a portion of this farm which would substantially increase ROI.The block of timber on the west end of the property is part of a large timber.
Directions to IL-71, Hennepin, IL 61326
East of Hennepin, IL
Features of IL-71, Hennepin, IL 61326
- School district: Other
- Lot acreage is: 154
- Lot wooded acreage is: 34
Mortgage Payments for IL-71, Hennepin, IL 61326
The approximate monthly Principal & Interest payment for this property would be $4,234. This payment is based on a 30-year loan at a fixed rate of 4.40 % with a down payment of $93,940. Actual lender interest rates and loan programs may vary.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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