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1500 Knox Rd 300 N Road Maquon, IL 61458 Land - Farm Active

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Description

Located just 3.2 miles south of Maquon, Illinois, this 155.4± acre Knox County farm presents the kind of opportunity that continues to grow more difficult to find ? a well-rounded investment tract with dependable income, quality farm ground, and proven recreational appeal, all wrapped into one attractive property. With approximately 112.2 acres considered tillable, including 93.5 acres currently in row crop production and 14.2 acres enrolled in CRP contracts, this farm offers a healthy combination of annual return and long-term stability. The current lease structure provides $18,700 in annual cash rent income through the 2027 crop year, along with an additional $3,748 annually from CRP payments. Carrying an overall Productivity Index of 110, the farm presents solid Class C agricultural ground with the kind of gentle roll and contour that remains highly farmable while creating natural beauty, privacy, and character throughout the property. From the road, very little of the farm reveals itself all at once. As you move across the landscape, the subtle terrain changes create a surprising sense of seclusion and quiet enjoyment rarely found on highly usable acreage. It is easy to envision crisp fall mornings in a tree stand, evenings spent checking crops or walking the farm with family, and years of memories made while the land steadily works in your favor financially.

Property Highlights

Property Type: Land - Farm
Total Acres: 155.00 Acres
Utilities: Electricity Available
Zoning: Agricultural

General Information

County: Knox
High School: Spoon River Valley
Subdivision: None
Listed By:
LandGuys, LLC of Illinois Mobl: 309-368-0370
RMLSA
$1,150,000
Est. $7,675/mo
New to the Market Active
LOT SIZE 155.000 acres MLS#CA1044182
STATUSActive PROPERTY TYPELand - Farm SUBDIVISIONNone SCHOOLSpoon River Valley

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Ruhl&Ruhl Realtors
563.441.1776

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1500 Knox Rd 300 N Road, Maquon, IL 61458.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,150,000$1,150,000$1,150,000
Down Payment $40,250$0$230,000
Monthly Mortgage Amount $6,953$7,233$5,740
Taxes $1600$1600$1600
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $690$0$0
Monthly Estimated Total $9,577$9,168$7,675

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