3311 Ireland Grove Rd Bloomington, IL 61704
- Land
- 122.16 lot acres
Current Use by Public Records
- Land
Property Details for 3311 Ireland Grove Rd
- Lot size
- 122.16 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bloomington
- County
- McLean
- State
- Illinois
- Longitude
- -88.9259
- Latitude
- 40.4591
