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    OFF-MARKET
    Land

    0 Engelsen Rd, Garden Prairie, IL 61038

    238 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 238-acre agricultural property in Boone County, Illinois, presents a compelling investment opportunity. Located just off Genoa Road, it boasts convenient access to I-90 and Belvidere to the north, and Genoa to the south. The land is predominantly comprised of high-quality Drummer, Elburn, Danabrook, Lisbon, and Proctor Class "A" soils, exhibiting 0-2 percent slopes. With a 136 tillable Productivity Index (PI) and a remarkable 92.9% tillable acreage, this farm consistently delivers high yields. The property is zoned A-1, ensuring versatile agricultural use. A machine shed is situated on the parcel south of Engelsen Road, which divides the property. Currently leased until December 31, 2025, this offering presents a unique chance to acquire a highly productive and strategically located agricultural asset. The asking price is $3,260,600. The property's address is Engelsen Road, Garden Prairie, IL 61038.

    Property profile
    Verified
    Property type Land
    Lot 238 ac (10,367,280 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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