Property profile

0 2050Th St Atkinson, IL 61235

OFF-MARKET
Land
153 ac lot
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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

Location

2050Th St Atkinson, IL 61235
Atkinson metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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