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Off Market

$6,388,690

Hillview, IL 62050 (Greene County)

Size: 757.89 Acres

757.89 Acres, Over 91% Income-Producing, West Central Illinois

757.89 total acres listed as 5 tracts in the Greene County riverbottoms in West Central, Illinois. While all 5 tracts are owned by the same family and would fit well together, they don't necessarily have to be purchased all together. All of the tillable parcels have modern irrigation and many have had significant pattern tile projects completed. Four tracts have lengthy, lucrative CRP contracts, as well. They have been cared for a great deal and have been built into high-quality producers. The farms are being sold without a contingency of a leaseback or the owners finding replacement property. Given the time of the year, however, we are looking for a fall closing after this growing season. Tracts 2 and 5 are under contract; Tracts 1, 3 and 4 are still available.

Tract 1: 200.78 Taxable Acres

This 200.78 acre river bottom tract is heavily improved and an excellent producer, with 83% of ...

This 200.78 acre river bottom tract is heavily improved and an excellent producer, with 83% of its acres being income-producing. There are 157.23 tillable acres that are currently farmed and carry a Productivity Index rating of 117.7. Additionally, there are 10.12 acres in CRP that carry lucrative contracts ($2,990 annually) through 2027 and 2029. This tract is aggressively tiled; 120 acres were pattern tiled in 2007 with 130 rolls of 3 laterals on 30 centers.

About the irrigation unit:

Valley center-pivot unit installed in 2009; new motors at this time

Poly drops with Nelson low pressure rotator sprinklers

All electric with remote control via digital app

Well is approximately 75 deep; pump at 50

Location: 2.5 miles West of Hillview in Greene County 19&24-12N-13W

Access: From County Road

Acres: 200.78 taxed, 157.23 farmed, 10.12 CRP

Minerals: In tact

Topography: Level

Primary Soil Types: Titus, Beardstown, La Hogue & Petrolia Loams

Taxes: Real estate $235.80, Drainage $5,028.48

5 Year Yield Average: Corn 167, Bean 75

Productivity Index: 117.7

Asking Price: $7,500/Acre

Tract 2: 216 Taxable Acres (CONTRACT PENDING)

Tract 2 is another multi-faceted river bottom tract that is heavily improved with tile and irrigation. The center portion of the farm recently had 24,575 feet of tile laid. Over 98% of the acreage is income-producing. The 170.93 farmed acres carry a Productivity Index rating of 118.8. The West 41.24 acres are in a very appealing CRP contract that runs through 2029. The contract pays $13,885 annually or $336.69 per acre.

About the irrigation unit:

Valley unit installed in 2011; new motors at this time

Poly drops with Nelson low pressure rotator sprinklers

All electric with remote control via digital app

Well is 88 deep with an American Marsh submersible pump

Neptune injection pump for fertigation

Location: 1 mile West of Hillview in Greene County 31&32-12N-13W

Access: From County Road

Acres: 216 taxed, 170.93 farmed, 41.24 CRP

Minerals: In tact

Topography: Level

Primary Soil Types: Titus, Beardstown, Ambraw, Petrolia, Dupo & Wakeland loams

Taxes: Real estate $1,293.04, Drainage $2,408.69

5 Year Yield Average: Corn 205, Bean 67

Productivity Index: 118.8

Asking Price: $8,500/Acre

Tract 3: 264.45 Taxable Acres

This highly productive tract is 95% income-producing with 244.39 acres currently being farmed. This tract also has 6.91 acres in CRP that pay $1,740 annually through 2027. The cropped acreage carries a 113.4 Productivity Index rating. Tract 3 is also heavily improved; approximately 170 acres were tiled in 2007 with 141 rolls of 3 laterals on 40 centers.

About the irrigation unit:

Valley unit installed in 2009

Poly drops with Nelson low pressure rotator sprinklers

All electric with remote control via digital app

Pump motor was replaced in 2012 after lightning damage

Well is approximately 75 deep; pump at 50

Neptune injection pump for fertigation

Location: 2 miles Southwest of Hillview in Greene County 5,6&31-11N-13W

Access: From County Road

Acres: 264.45 taxed, 244.39 farmed, 6.91 CRP

Minerals: In tact

Topography: Level

Primary Soil Types: Ambraw, Titus, Petrolia & Beardstown loams

Taxes: Real estate $849.10, Drainage $3,466.89

5 Year Yield Average: Corn 195, Bean 67

Productivity Index: 113.4

Asking Price: $8,500/Acre

Tract 4: 64.59 Taxable Acres

Tract 4 is located in the Western Greene County riverbottoms, the furthest South of the farmed tracts. Of the 64.59 acres, 54.61 acres are being farmed and carry a Productivity Index rating of 121. There are an additional 5.08 acres in a lucrative CRP contract that pays $1,935 annually ($380.91/acre) through 2029.

About the irrigation unit:

Valley irrigation unit installed in 2009; new motors at this time

Poly drops with Nelson low pressure rotator sprinklers

All electric with remote control via digital app

Well is 73 deep with an American Marsh submersible pump

Location: 2 miles North of Eldred in Greene County 5,6&31-11N-13W

Access: From County Road

Acres: 64.59 taxed, 54.61 farmed, 5.08 CRP

Minerals: In tact

Topography: Level

Soil Type: La Hogue loam

Taxes: Real estate $493.76, Drainage $596.54

5 Year Yield Average: Corn 207, Bean 62

Productivity Index: 121

Asking Price: $8,500/Acre

Tract 5: 12.07 Acre Grain Storage Site (CONTRACT PENDING)

This 12.07 non-tillable parcel represents the perfect complement to the other tillable pieces. There are 132,000 bushels of storage available among two bins: a) 17,000 bushel and b) 115,000 bushel.

The current farming operation utilizes the small bin as a wet bin. The small bin has Intelliair Bin Check sensor cables that provide temperature and moisture readings. The bin has a large 20 HP centrifugal fan.

The large bin has Intelliair Bin Manager, a system that uses the sensor cables inside the bin, but is managed online. Simply input a target moisture and temperature and the system will run the fans accordingly to get the grain to the target. Current readings are available on-demand online. This bin has two large 20 HP centrifugal fans.

Additional equipment on this tract includes a NECO dryer, blower and airlocks, and ADD-A-PHASE converters. Also featured on the property is a shed with a small living area that includes a toilet, shower, heat, window AC and a sleeping loft. All improvements have been built since 2010.

Location: 1 mile South of Hillview, a quarter-mile off the Hillview Blacktop in Greene County 4-11N-R13

Access: From County Road

Taxes: $4,411.32

Asking Price: $250,000

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Directions

Near Hillview in Greene County, Illinois. Approximately 65 miles SW of Springfield, Illinois via I-72/US-67. Approximately 80 miles NW of St. Louis, Missouri via IL-255/US-67.