0 Engelsen Rd, Garden Prairie, IL 61038
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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