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Road-Front Farmland with Pond

US Rt 20 Elizabeth, IL 61028

US Rt 20, Elizabeth, IL, 61028
$2,500,000
For Sale
$2,500,000

LAND - ELIZABETH, IL

Lot Size250.00 Acres
Days on Market17

Property Features for US Rt 20

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
2300026206
Lot size
250.00 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
S21 T27N R3E PT SE & PT SW
Tax Annual Amount
3806
Listing agency JIM SULLIVAN REALTY
Listed by JAMES SULLIVAN · License #471000283
Added: Jul 6 Updated: Jul 14 at 2:32PM Checked: Jul 22 at 11:06AM
MLS# 202604059

Copyright © 2026 NorthWest Illinois Alliance of REALTORS. 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 offering consists of approximately 250 taxed acres of farmland, with crop acres reported through FSA at 235 and planted acres showing about 225. Recent production data indicates a yield of 230 bushels in 2025. The property includes a large pond, and most trees have been removed with ground reclaimed to crop production.

The land has substantial road frontage on RT 20 and Reed Road between Elizabeth and Woodbine. The seller notes that aerial maps are not accurate. The farm has been extensively tiled and cleaned up within the last two years, and the layout could be divided.

As represented, the acreage, drainage improvements, and recent reclamation work support an operating farm configuration, with the ability to split the property if desired.

Key Highlights

  • Road frontage on RT 20 and Reed Road between Elizabeth and Woodbine
  • Taxed acres: 250; crop acres per FSA: 235; planted acres shown about 225
  • 2025 yield reported at 230+ bushels

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Agricultural land / Farmland

FAQs

What type of property is this?
Agricultural land / Farmland - 250 taxed acres with extensive tile drainage, reclaimed crop ground, and a large pond on major road frontage.
Where is this agricultural land / farmland located?
The property is located at US Rt 20 Elizabeth, IL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Road frontage on RT 20 and Reed Road between Elizabeth and Woodbine; Taxed acres: 250; crop acres per FSA: 235; planted acres shown about 225; 2025 yield reported at 230+ bushels
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