Gilbert Street, Lot #WP001 , Alvin, IL 61811(Vermilion County)

This mostly tillable acreage farm provides great income for an investor or great addition to a farming operation. Surety shows the PI rating for this farm at 112.2 as of 2013 (SEE PIC OF MAP). The owners had an appraisal in July of 2013 that put a value of $717,000 on the parcel. The 82+/- tillable acres provide just over $15,000 yearly income currently on a cash rent agreement. The current farm tenant is highly recommended by the current owners and would be happy to work with the new owner to continue to his tenancy should a non-farming entity purchase the farm. For a farming entity, depending on the date of purchase, the tenancy would be open for this coming spring. Call for more details on this matter. The remaining 15 acres along the Middle Fork of the Vermilion River provides some great hunting acres for the owner or the option to lease out these acres for more income. Call today for any additional information!

Property Features:

- 82 or 97 acres are tillable

- $15,012 yearly income currently paid in cash rent

- July 2013 appraisal of $717,000

- 15 wooded acres along the river for hunting

- Surety Pi rating of 112.2 (2013)