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Property profile & analytics
OFF-MARKET
Land

36 Bonus Township Garden Prairie, IL 61038

125.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 125.4-acre property, located in desirable Boone County, Illinois, presents a unique investment opportunity. Situated in Sections 1 of Spring Township and 36 of Bonus Township, near Garden Prairie (zip code 61038), this expansive land parcel offers significant potential. The property boasts approximately 108 tillable acres, ideal for agricultural pursuits, with a surety indicating a total acreage of 125.4 acres. The 2022 real estate taxes totaled $4,062.66, and the land is currently priced at $10,300 per acre, resulting in an asking price of $1,695,689. The property is classified as both commercial and farmland, providing flexibility for various uses. Taxable acreage is listed at 164.63 acres, a discrepancy to be clarified with further due diligence. The current tenancy is open for 2025, offering potential for immediate income generation or long-term development. The seller is open to dividing the property

Property profile
Verified
Property type Land
Lot 125.4 ac (5,462,424 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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