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    6200 1600Th Ave Newton, IL 62448

    Sponsored
    For Sale
    $560,000

    Hunting, farming, & investment land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 40-acre property in Jasper County, Illinois, presents a unique blend of investment and recreational opportunities. Located at 6200 E 1600th Ave, Newton, IL 62448 (APN 90-07-03-100-006), this land boasts 20.57 acres of tillable farmland and 19.43 acres of timber, offering diverse income streams. A current tenant farmer is already in place, generating consistent revenue. The property's legal description is E 2/3 S 3/4 E 1/2 NW 1/4 S3 T7 R9. Its strategic location, approximately 8 miles northwest of Newton, provides convenient access to local amenities, including a nearby bar and grill. The property's abundant wildlife, including whitetail deer, wild turkey, and small game, makes it an ideal hunting destination. The proximity to a river adds further recreational appeal, offering opportunities for fishing and camping. This versatile property is perfect for those seeking a profitable investment with significant recreational potential, combining the serenity of nature with the benefits of income-producing land. The asking price is $560,000.

    Property Features for 6200 1600Th Ave

    General Information

    Property type
    Farms
    Lot Size
    1,742,400 SF

    HighLights

    • Prime hunting land.
    • Excellent acreage for recreational use.
    • Abundant whitetail deer population.
    • River frontage property.
    • Strong investment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Newton
    County
    Jasper
    State
    Illinois
    Longitude
    -88.2573517
    Latitude
    39.0832397

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    FAQs

    What type of property is this?
    Farm - Hunting, farming, & investment land
    Where is this farm located?
    The property is located at 6200 1600Th Ave Newton, IL.
    What is the asking price?
    The asking price for this property is $560,000.
    What are key features of this property?
    This property features: Prime hunting land.; Excellent acreage for recreational use.; Abundant whitetail deer population.
    Request Owner's contact information
    6200 1600Th Ave Newton, IL 62448
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    Newton, IL 62448
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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
    6200 1600Th Ave Newton, IL 62448
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