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    Farm Hillcrest, IL 61068

    • Land
    • 151.42 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Farm

    Lot size
    151.42 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 151.42-acre agricultural property in Lee County, Illinois, presents a compelling investment opportunity. Located in Alto Township, at the northwest corner of Hayes and Locust Roads, this land boasts high-quality soils recently enhanced with drainage improvements. The property, legally described as The-NE1/4 of Section-3, except 5 acres, all in T39N-R2E, Alto Township, Lee County, Illinois, is conveniently situated just one mile east of I-39, offering easy access to transportation networks. The asking price is $1,892,750, translating to a land value of $12,500 per acre. Currently leased for the 2024 crop year, with a lease term of one year expiring on February 27, 2025, this farmland offers a strong potential for consistent returns. The permitted zoning is Agricultural, and the property's APN is 01-06-03-200-005

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hillcrest
    County
    Lee
    State
    Illinois
    Longitude
    -89.0562
    Latitude
    41.9555

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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
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