Irrigated Agricultural
For Sale
$3,800,000
550 N, Putnam, IL 61560
Land, Putnam, IL
Property SizeContact for details
Lot Size254.10 Acres
Days on Market38
Property Features for 550 N
General Information
Property type
Land
Property subtype
Other
Zoning description
Agricultural
Standard status
Active
APN
03-14-030-000, 03-14-020-000
Lot size
254.10 Acres
Taxes and HOA fees
Tax Annual Amount
8625
Listing Agency:
LandProz Real Estate LLC
(507) 373-5660
Listed By:
Jacob Hofer
1-844-GO-4-PROZ
Added: Aug 10
Changed: Sep 4
Last Checked: Sep 16 at 6:06PM
MLS# 11927609
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 254.1-acre farm combines approximately 177.1 tillable acres with a 129.1 Productivity Index and two center-pivot irrigation systems. Irrigation capacity is approximately 900 gallons per minute, supported by on-site power and water. Improvements include nearly 23,000 bushels of grain storage, a barn with equipment and storage space, an on-site well, and electricity.
The property is positioned at the southwest end of Lake Senachwine within a setting of lake, river, wetland, and agricultural habitat. Recreational features include approximately 3 acres of established food plots and opportunities for whitetail deer and waterfowl hunting. A nearby grain elevator adds logistical convenience for agricultural operations. The existing infrastructure and access also support a potential building location for a residence or farm headquarters.
The property is positioned at the southwest end of Lake Senachwine within a setting of lake, river, wetland, and agricultural habitat. Recreational features include approximately 3 acres of established food plots and opportunities for whitetail deer and waterfowl hunting. A nearby grain elevator adds logistical convenience for agricultural operations. The existing infrastructure and access also support a potential building location for a residence or farm headquarters.
Key Highlights
- 254.1 +/- deeded acres with approximately 177.1 +/- tillable acres
- 129.1 Productivity Index across the tillable acreage
- Two center‑pivot irrigators with 900 gallon per minute capacity
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Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
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Business Placement
Demographics for 61560, IL
654
Population
636
Households
1
Avg Household Size
59
Median Age
49%
College-Educated
90%
High-School Grad
34.6 sq mi
ZIP Area
19
Density / Sq Mi
$74,643
Median Household Income
$25,000
Median Earnings
$229,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Farm - Multi-use farm with productive cropland, agricultural improvements, and recreational access near Lake Senachwine.
Where is this farm located?
The property is located at 550 N Putnam, IL.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: 254.1 +/- deeded acres with approximately 177.1 +/- tillable acres; 129.1 Productivity Index across the tillable acreage; Two center‑pivot irrigators with 900 gallon per minute capacity
