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52 Acres in West Salem, IL - $234,000

-52 acres m/l

- Property generates $6,111 annually from CRP contracts which is a 2.6% ROI.

33.5 acres signed up through 9/30/2026, and 10.5 acres signed up through 9/30/2018

-Excellent hunting!

-Seller will convey of all mineral rights to this property which includes the potential for oil wells.

-Buyer to receive first right of refusal to purchase the adjoining 26-acre homestead which is part of this 80 acre parcel. The homestead consists of 20 acres prime soils of tillable currently in production, house, and barn.

-Buyer has first right of refusal for a 5-year lease for hunting rights on adjoining 178 acres.

-Pond

-Potential of oil income. Property is surrounded by productive oil wells and the seller has had offers to sell mineral rights in the past.

-Located 3 hours from Louisville, KY and St. Louis, MO, and 1.5 hours from Mt. Vernon, IL and Evansville, IN.

Here is a great opport...

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From elevation to owner history

Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.

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Directions

East of West Salem, IL. 4 miles to Barryville Road. Go north 3 miles to 1st intersection and turn right. 2nd house on right. Do not approach resident. Call agent for appointment.

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Contact Seller
Whitetail Properties Real Estate

Sainte Genevieve, MO

(573) 880-6150

Provided By

Whitetail Properties Real Estate, (573) 880-6150
Listing last updated: February 2, 2022 at 11:15 AM
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