Land for Sale - 057 NW 1200 St., Hillview, IL 62050 - 57.0 acres

Hillview Bottom Farm

057 NW 1200 St., Hillview, IL | Lat/Lng:  39.4618, -90.5688

$712,500
57 ac.
05/19/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

This 57 +/- acre tract is being split off from a larger 168 +/- acre farm located just West of Hillview in the Greene County Bottoms. The farm boasts nearly 100% tillable acres. Multiple acreage options available: 57, 111, 168. Seller will pay any related survey costs prior to closing. The farm is ideal for an investor with a $400/ac cash rent available for 2026 and potential long term arrangements can be made. Contact Broker for information related to long term rent agreement information and potential sell-back options. Full 2026 cash rent would be funded at closing. The farm produce 188+ bu/ac corn in 2025 and the 2026 crop has been established. Investment Analysis (Estimated)Asking Price: $712,500 ($12,500/ac)$400/ac Cash Rent: $22,800Drainage Tax: $1,974 (+/-)Property Tax: $1,525 (+/-)Net Income: $19,301Cap Rate: 2.71% A soil test was completed in April of '26 and is attached in the property documents section. There is anestimatedSection 180 excess soil fertility deduction of over $1,400/ac.

Details

CountyGreene
Zipcode62050
Property Type OneFarms
BrokerageNational Land Realty
Brokerage Linkwww.NationalLand.com/alec-wardenburg
Land Listing Agent Photo
Alec Wardenburg
National Land Realty
(636) 422-5832
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