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Farmland with Pond and Road Frontage

US Rt 20 Elizabeth, IL 61028

New
US Rt 20, Elizabeth, IL, 61028
$2,489,600
Pending
For Sale
$2,489,600
Pending

LAND - ELIZABETH, IL

Lot Size248.96 Acres
Days on Market2

Property Features for US Rt 20

General Information

Property type
Land
Property subtype
Other
Standard status
Pending
APN
2300026206
Lot size
248.96 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 21 Updated: Jul 22 at 10:29AM Checked: Jul 22 at 6:06PM
MLS# 202604490

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 property is a farmland tract totaling 248.96 taxed acres, with crop acres listed as 235 per FSA and about 225 planted acres. The farm yielded 230 bushels in 2025 and includes a large pond. Most trees have been removed, and ground has been reclaimed into crop ground, with extensive tile drainage and cleanup completed within the last two years.

The land is described as having lots of road frontage on RT 20 and Reed Road between Elizabeth and Woodbine. The seller notes that aerial maps may not be accurate, and the tract could be divided.

According to the information provided, the property is currently configured for crop production and has been improved with drainage and recent site cleanup, while retaining a pond feature for the overall parcel.

Key Highlights

  • 248.96 taxed acres with road frontage on RT 20 and Reed Road between Elizabeth and Woodbine
  • FSA reports 235 crop acres; planted acres showed about 225
  • Yield reported of 230+ bushels in 2025

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Agricultural land / Farmland

FAQs

What type of property is this?
Agricultural land / Farmland - Extensively tiled farmland with a large pond, reclaimed crop ground, and significant 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 $2,489,600.
What are key features of this property?
This property features: 248.96 taxed acres with road frontage on RT 20 and Reed Road between Elizabeth and Woodbine; FSA reports 235 crop acres; planted acres showed about 225; Yield reported of 230+ bushels in 2025
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