0 2050Th St, Atkinson, IL 61235
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.
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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