This 192 +/- acres property in Alexander County Illinois is a great one to add to your portfolio. With the stock market at an all-time high now is the time to take your money out and buy LAND; especially land that makes a nice return and will appreciate over time with little work. The tillable ground on this property makes $10,000/yr. The old farmhouse rents for $2,400/yr. but could easily make $5,000/yr. (or fix it up a little and put it on a vacation rental by owner site and make $10,000-$15,000/yr.) and the hunting could easily make $5,000/yr. The mature timber could also be select cut and add more return on your investment. This property has some great views up on a hill overlooking the entire area if you are looking to build a new home or cabin.
For more information or to schedule a showing, contact Shane Yearian (618) 830-2825
Property Highlights:
50 +/- acres income producing ...
50 +/- acres income producing tillable
2 bed 1 bath home could be used for rental income
Hunting Lease could make $5,000/yr income
ROI could make 3%-4%
Nice Mature timber could also be harvested for extra return
Road frontage on East and West side for easy access.
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel Informationtake rt 127 out of Tamms to Newell rd head west to Old Elco Rd go North about 1 mile farm is on east side of rd
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