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48178 160th Ave
118.85 Acres of Agricultural Land Offered at £628,058 in Pearl, IL 62361
Investment Highlights
- Hunting Lodge Opportunity, timber, farm ground, ponds, pasture, Illinois river close by, Pike County IL
Executive Summary
Financial Summary (Actual - 2018) |
Annual | Annual Per AC |
---|---|---|
Gross Rental Income | £5,293 | £44.54 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | £5,293 | £44.54 |
Net Operating Income | - | - |
Financial Summary (Actual - 2018)
Gross Rental Income | |
---|---|
Annual | £5,293 |
Annual Per AC | £44.54 |
Other Income | |
---|---|
Annual | - |
Annual Per AC | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per AC | - |
Effective Gross Income | |
---|---|
Annual | £5,293 |
Annual Per AC | £44.54 |
Net Operating Income | |
---|---|
Annual | - |
Annual Per AC | - |
Property Facts
Price | £628,058 | Property Type | Land |
Sale Type | Investment | Property Subtype | Agricultural |
No. Lots | 1 | Total Lot Size | 118.85 AC |
Price | £628,058 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Agricultural |
Total Lot Size | 118.85 AC |
1 Lot Available
Lot
Price | £628,058 | Lot Size | 118.85 AC |
Price Per AC | £5,284 |
Price | £628,058 |
Price Per AC | £5,284 |
Lot Size | 118.85 AC |
This property consists of 45 acres of tillable farm ground that cash rents for $6700/yr and approx 60 acres of timber and 10 acres of pasture along with 3 ponds and the remaining 3+ acres being part of the section that the home & outbuildings sit on.
Description
Hunting Lodge Opportunity in Pike County, IL! Only 13 miles from Heartland Lodge. This spectacular custom built home/lodge sits on top of a ridge surrounded by both timber (60 acres) and farm ground (45 acres) in Pike Co. located between St. Louis, Springfield and Quincy, just a couple miles from the Illinois River. There's cash rent of $6700 from the 45 tillable acres, and income potential from both deer and turkey hunting and the lodging this property provides plus 10 acres of pasture and 3 ponds. Featuring 3800 sq ft with 3 bedrooms and 2 full baths with so much room to expand more bedrooms upstairs and in the walkout LL plus 2 more rough-ins for bathrooms. Upgrades including custom cabinets in the kitchen, office and laundry room, stainless steel appliances and expert window treatments and solid wood doors throughout. Master bedroom has a vaulted ceiling and over sized walk in closet. Master bath has a walk in shower w/2 shower heads & built in bench. The upper level includes 1242 SF with its own furnace and a/c and roughed in for a bathroom. Basement includes walkout & also roughed in for a 4th bath. This property has an LP powered generator for unexpected power outages. 3 car attached garage with workbench and shelving. Outbuildings include 29x34 metal building, 24x24 detached 2 car garage and 2 pole barns. Parcels also include #62-047-02,#62-046-10, #62-046-10. Ill. Electric Co-op and Pike Co. Water are suppliers.
Presented by
Rivercity Real Estate Group
48178 160th Ave
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