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    OFF-MARKET
    Commercial real estate

    3384 Stagecoach Trl, Scales Mound, IL 61075

    708 ac lot
    Property ID
    US28-3585269
    Property summary
    AI-generated overview

    This exceptional 708-acre property, located in Jo Daviess County, Illinois, presents a unique investment opportunity. Situated approximately 125 miles northwest of Chicago O'Hare International Airport, the farm boasts approximately 362.15 acres of cropland (per Jo Daviess County FSA), roughly 165 acres of wooded land and waterways, and about 150 acres of pasture. Four potential building sites totaling approximately 7 acres and two ponds enhance the property's versatility. The land features nearly level to rolling topography with major soil types including Eleroy and Rozetta silt loam. The property includes approximately 1 7/16 miles of road frontage on Stagecoach Trail, with convenient access to US Route 20, Illinois Route 84, and Illinois Route 78. Zoned AG (General Agriculture District), the Shellady Farm offers diverse uses, including agricultural production, hunting, and residential development. All mineral rights owned by the seller transfer to the new owner. The 2023 real estate taxes totaled $19,913.44. The asking price is $5,593,200. A 10% earnest money deposit accompanies any offer. Mortgage financing is available. The legal description indicates the farm is located in parts of Sections 4, 5 & 8, Township 28 North Range 2 East (Guilford Township). Numerous grain markets are within 15 miles. Possession is given at closing, subject to purchase contract terms.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 708 ac (30,840,480 SF)
    APN #08-000-023-00, #08-000-025-09, #08-000-026-00, #08-000-029-00, #08-000-030-00, #08-000-035-00, #08-000-038-00, #08-000-038-03, #08-000-061-00, #08-000-061-03
    UPID US28-3585269
    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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