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    7536 Prairietown Rd Worden, IL 62097

    Sponsored
    For Sale
    $839,900

    Farm, Historic - Worden, IL

    Type:Farm
    Property size:
    3,223 SF
    Lot size:
    31.84 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 1 at 6:06 am

    Property Features for 7536 Prairietown Rd

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen, Laundry, Living Room
    Bedrooms
    4
    Bathrooms
    3
    APN
    12-1-04-31-00-000-001
    Parking features
    Garage, Oversized
    Interior features
    Entrance Foyer, Granite Counters, High Ceilings, Historic Millwork, Kitchen Island, Separate Dining, Soaking Tub, Tub, Whirlpool, Workshop/Hobby Area
    Exterior features
    Waterfront, Fencing
    Fencing
    Fenced
    Fireplace
    1
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Size
    3,223 SF
    Lot size
    31.84 Acres

    Utilities

    Heating system
    Fireplace(s), Forced Air, Propane (Heating), Wood (Heating), Zoned (Heating)
    Cooling system
    Central Air, Electric
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1843
    Floors in Building
    2
    Flooring type
    Carpet, Vinyl, Wood
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Shelly Niemeier

    Legacy Realty & Auction (618) 781-3857

    Listing agent Shelly Niemeier (618) 717-0800 License #475122791

    Listing date Feb 28, 2026

    MLS# 26008623 Listing URL

    Copyright © 2026 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Historic Farm Estate with Lake

    This 31-acre estate offers a blend of historic charm and modern updates. The property includes a four-bedroom home built in the mid 1800s, featuring original millwork, front and back staircases, 9-foot ceilings, pocket doors, and original shard wood floors. The living room has a wood-burning fireplace, while the dining area includes a wood-burning stove. A separate sitting room provides additional living space. The kitchen is equipped with a ceramic gas stove, stainless steel appliances, and a center island. All appliances, including a washer and dryer, are included. The home has a new septic system (2020), roof (2019), and HVAC (2015). The property features approximately 5 1/2 acres of fenced pasture and a 4-acre stocked lake with bluegill, crappie, catfish, and bass. The property has road frontage and multiple building sites, offering potential for future division. Outbuildings include a 36x50 barn with three stalls, an 11x19 tack room, concrete floor, and electric. A 28x60 machine shed with a concrete floor and electric provides storage. Additional features include a 26x28 detached garage, greenhouse, chicken coop, duck coop, and a working windmill that pumps water from the well to the paddock. The barn and home both have city water. The land includes a fenced front yard with original ornamental iron fencing, a peach tree, four apple trees, and thornless blackberry bushes. The property is located in Worden, Illinois.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Prairietown Farm Wedding Service

    Suggested Use

    Restaurant Gym & Fitness Center Department Store Kitchen & Bath Showroom Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Worden
    County
    Madison
    State
    Illinois
    Longitude
    -89.9196276
    Latitude
    38.93174494

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    FAQs

    What type of property is this?
    Farm - 31-acre estate featuring a historic home and stocked lake.
    Where is this farm located?
    The property is located at 7536 Prairietown Rd Worden, IL.
    What is the asking price?
    The asking price for this property is $839,900.
    What are key features of this property?
    This property features: - 31-acre estate featuring a **4-acre stocked lake** and 5.5 acres of fenced pasture.; - Historic home built in the mid-1800s with original millwork, shard wood floors, front and back staircases, 9-foot ceilings, and pocket doors.; - Updated with new septic system (2020), roof (2019), and HVAC (2015).
    (618) 781-3857
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    7536 Prairietown Rd Worden, IL 62097
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    Worden, IL 62097
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    7536 Prairietown Rd Worden, IL 62097
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    We can help!
    Listing Contact
    Shelly Niemeier
    Real Estate License ID: 475122791
    (618) 781-3857 (618) 717-0800
    Learn more
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