3311 Ireland Grove RdBloomington, IL 61704

For Sale
$4,550,460

122 Acres, Ag Zoning, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional investment opportunity: 122.16 acres of prime farmland in Bloomington Township, McLean County, Illinois. This property, located at 3311 Ireland Grove Road, Bloomington, IL 61704 (APN: 21-13-200-009, 21-13-200-013), is zoned Agricultural, resulting in low property tax assessments. The land boasts highly productive soils, ideal for agricultural use. Currently under a one-year agricultural lease expiring February 27, 2025, this lease is transferable to the new owner. Adding to the property's value is a cellular tower lease located on the southeast corner; this lease is included with the sale of the land but is not sold separately. The asking price is $4,550,460 ($37,250 per acre). All mineral rights owned by the seller will be conveyed. This property is designated as an emerging neighborhood area in the City of Bloomington's 2015-2035 Comprehensive Plan, presenting significant long-term growth potential. Fee simple ownership.

Highlights

  • 122.16-acre farm in Bloomington Township, McLean County, IL, designated an emerging neighborhood in the City of Bloomington's 2015-2035 Comprehensive Plan.
  • Agricultural zoning ensures low property taxes; highly productive farmland.
  • Competitive agricultural lease in place.
  • Includes a cellular tower lease (lease only, not for sale separately).
  • Fee simple ownership; $4,550,460 asking price; APN: 21-13-200-009, 21-13-200-013.

Property Details for 3311 Ireland Grove Rd

Property type
Other land, Other farms
Lot Size (sq. ft)
5,321,290 SF

Location Insight

City
Bloomington
County
McLean
State
Illinois
Latitude
40.459129796885
Longitude
-88.925900700436
3311 Ireland Grove Rd, Bloomington, Illinois

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3311 Ireland Grove Rd
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