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    162nd 162Nd Ave W Illinois City, IL 61259

    Pending
    For Sale
    Contact for pricing

    Farm - Illinois City, IL

    Type:Farm
    Lot size:
    179.00 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 8 at 9:06 pm

    Property Features for 162nd 162Nd Ave W

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Pending
    Zoning
    Agriculture
    APN
    20-25-100-004
    Lot size
    179.00 Acres

    Building Details

    Architectural style
    Other

    Hertz Real Estate Services (515) 382-1500

    Listing agent Doug Hensley (515) 382-1500 License #***

    Listing date Oct 29, 2025

    MLS# 6332300 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Illinois City Farmland Opportunity

    This 179.00 acre farm, more or less, is located southwest of Illinois City, Illinois, on the south side of 162nd Ave. W. The property, offered as a single parcel, features 119.60 FSA/Eff. crop acres with a PI of 95.40. The land will be sold via a One-Chance Sealed Bid Sale. All sealed bids are required to be made on purchase contract forms provided by Hertz Real Estate Services. Sealed Bids are due by Wednesday, October 29, 2025, at 12:00 Noon, CDT.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Illinois City
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.922188
    Latitude
    41.360821

    FAQs

    What type of property is this?
    Farm - 179 acre farm with 119.6 FSA crop acres.
    Where is this farm located?
    The property is located at 162nd 162Nd Ave W Illinois City, IL.
    What are key features of this property?
    This property features: - 119.60 FSA/Eff. crop acres.; - Productivity Index (PI) of 95.40.; - Total of 179.00 acres (m/l).
    (515) 382-1500
    Request Owner's contact information
    162nd 162Nd Ave W Illinois City, IL 61259
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    Illinois City, IL 61259
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    162nd 162Nd Ave W Illinois City, IL 61259
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