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48178 160th Ave
118.85 Acres of Agricultural Land Offered at $795,000 in Pearl, IL 62361
Investment Highlights
- Hunting Lodge Opportunity, timber, farm ground, ponds, pasture, Illinois river close by, Pike County IL
Executive Summary
Financial Summary (Actual - 2018) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$6,700
|
$56.37
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$6,700
|
$56.37
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2018)
| Gross Rental Income | |
|---|---|
| Annual | $6,700 |
| Annual Per AC | $56.37 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $6,700 |
| Annual Per AC | $56.37 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | $795,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Agricultural |
| No. Lots | 1 | Total Lot Size | 118.85 AC |
| Price | $795,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 118.85 AC |
1 Lot Available
Lot
| Price | $795,000 | Lot Size | 118.85 AC |
| Price Per AC | $6,689 |
| Price | $795,000 |
| Price Per AC | $6,689 |
| Lot Size | 118.85 AC |
This property consists of 45 acres of tillable farm ground that cash rents for $6700/yr and approx 60 acres of timber and 10 acres of pasture along with 3 ponds and the remaining 3+ acres being part of the section that the home & outbuildings sit on.
Description
Hunting Lodge Opportunity in Pike County, IL! Only 13 miles from Heartland Lodge. This spectacular custom built home/lodge sits on top of a ridge surrounded by both timber (60 acres) and farm ground (45 acres) in Pike Co. located between St. Louis, Springfield and Quincy, just a couple miles from the Illinois River. There's cash rent of $6700 from the 45 tillable acres, and income potential from both deer and turkey hunting and the lodging this property provides plus 10 acres of pasture and 3 ponds. Featuring 3800 sq ft with 3 bedrooms and 2 full baths with so much room to expand more bedrooms upstairs and in the walkout LL plus 2 more rough-ins for bathrooms. Upgrades including custom cabinets in the kitchen, office and laundry room, stainless steel appliances and expert window treatments and solid wood doors throughout. Master bedroom has a vaulted ceiling and over sized walk in closet. Master bath has a walk in shower w/2 shower heads & built in bench. The upper level includes 1242 SF with its own furnace and a/c and roughed in for a bathroom. Basement includes walkout & also roughed in for a 4th bath. This property has an LP powered generator for unexpected power outages. 3 car attached garage with workbench and shelving. Outbuildings include 29x34 metal building, 24x24 detached 2 car garage and 2 pole barns. Parcels also include #62-047-02,#62-046-10, #62-046-10. Ill. Electric Co-op and Pike Co. Water are suppliers.
-
Tammy Kruser-Miller -
Carolyn Ware - Rivercity Real Estate Group
Learn More About Investing in Land
Presented by
Rivercity Real Estate Group
48178 160th Ave
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