6200 1600Th Ave, Newton, IL 62448
This exceptional 40-acre property in Jasper County, Illinois, presents a unique blend of investment and recreational opportunities. Located at 6200 E 1600th Ave, Newton, IL 62448 (APN 90-07-03-100-006), this land boasts 20.57 acres of tillable farmland and 19.43 acres of timber, offering diverse income streams. A current tenant farmer is already in place, generating consistent revenue. The property's legal description is E 2/3 S 3/4 E 1/2 NW 1/4 S3 T7 R9. Its strategic location, approximately 8 miles northwest of Newton, provides convenient access to local amenities, including a nearby bar and grill. The property's abundant wildlife, including whitetail deer, wild turkey, and small game, makes it an ideal hunting destination. The proximity to a river adds further recreational appeal, offering opportunities for fishing and camping. This versatile property is perfect for those seeking a profitable investment with significant recreational potential, combining the serenity of nature with the benefits of income-producing land. The asking price is $560,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.