Property profile

000 Shattuck Rd Garden Prairie, IL 61008

OFF-MARKET
Land
25 ac lot
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Property summary

AI-generated overview

This exceptional 73.84-acre commercial property in Boone County, Illinois, presents a unique investment opportunity. Located at 000 Shattuck Rd, Belvidere, IL 61008, this parcel boasts 69.24 FSA tillable acres, ideal for agricultural pursuits. The land is zoned for agriculture and features a productivity index (PI) of 113, based on Surety information, and a PLC yield of 130. Access is provided via a recorded 20-foot wide easement off Shattuck Road, as confirmed by the Boone County Recorder's Office. The property is currently leased for the year 2024, offering immediate income potential. The asking price is $732,303, translating to $9,900 per acre. The APN is 0802300007. This fertile farmland presents a compelling investment opportunity for those seeking a productive agricultural asset in a desirable location. The property's size, productivity metrics, and existing lease agreement make it an attractive prospect for both seasoned investors and those new to agricultural land ownership. The convenient access and established agricultural use further enhance its appeal. Detailed information regarding the lease agreement is available upon request. Don't miss this chance to acquire a substantial piece of prime Illinois farmland.

Property profile

Verified
Property type Land
Lot 25 ac (1,089,000 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

000 Shattuck Rd Garden Prairie, IL 61008
Garden Prairie metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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