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    OFF-MARKET
    Land

    0 2050Th St, Atkinson, IL 61235

    153 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 153-acre agricultural property in Henry County, Illinois, presents a compelling investment opportunity. Located at the southwest corner of Rock Island Road and 2050th Street, approximately one mile west of Atkinson, IL, this expansive tract boasts high-quality soils, resulting in a productivity index (PI) of 138.7. The land features one large, highly productive field, and is partially systematically drained with good outlets, ensuring efficient water management. The eastern end of the property benefits from systematic tiling. Currently under a cash rent lease, which expires February 28, 2025 (approximately 0.3 years remaining), this lease offers immediate income potential and presents the possibility of lease extension upon purchase. The property's Assessed Parcel Numbers (APNs) are 09-29-400-005, 09-29-400-004, 09-28-300-007, and 0-28-300-010. The asking price for this highly productive and well-situated farmland is $2,320,245. This represents an excellent opportunity for investors seeking strong returns in a stable agricultural market. The property's address is E 2050th St, Atkinson, IL 61235.

    Property profile
    Verified
    Property type Land
    Lot 153 ac (6,664,680 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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