0 WHITNEY Road Franklin Grove, IL 61031

0 WHITNEY Road  Franklin Grove IL 61031
Price Reduced
Franklin Grove, IL 61031
Price: $1,520,000
Type: Land Recreational
Lot Size (Acres): 132
Agent: Brad Belser
Agent Phone: 309-231-1449
Agent Email: brad@ilfarmandrecland.com
Broker: Jim Maloof Realty, Inc.
Broker Phone: 309-692-3900
Broker Email: accounting@maloofrealty.com

Illinois Farm and Rec Land is excited to offer this CLASS A tillable farm (133 Productivity Index (PI)) located in Lee County, IL. This tract consists of 132.66 taxable acres with 120.92 crop acres and the balance in waterway and creek. The farm offers exceptional 2 sided hard road access from both the South and West. The primary soil types throughout the farm are Oscar Silt Loam, Catlin Silt Loam and Comfrey Silt Loam. There is a transferrable solar lease that is proposed to consist of 30 acres on the South side of the farm along McGirr Road. This lease agreement will be transferred to the new owner at the time of closing. There is great future revenue upside if the solar project is completed with payments starting at $900/acre with annual escalators attached. Preliminary County approval has been met for the project to be executed. Open Tenancy for the 2025 crop season.