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3231 MEADOW GATE RD Sherrard, IL 61281
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Key Details
Sold Price $1,929,600
Property Type Vacant Land
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
Square Footage 1,519 sqft
Price per Sqft $1,270
MLS Listing ID CA1022596
Sold Date 04/15/24
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 1,519
Year Built 1902
Annual Tax Amount $4,996
Tax Year 2021
Lot Size 201.000 Acres
Acres 201.0
Lot Dimensions Irregular
Property Sub-Type Farm
Source rmlsa
Property Description
Introducing 201 acres of well-maintained, good quality farmland in Richland Grove Township of Mercer County, IL. With 166 acres in row crop production and 5+ acres in (expired) CRP waterways, this farm is over 85 percent tillable. The north 120 acres is gently rolling, and has been carefully managed with waterways and using cover crops. The south 80 acres is mostly level with levee protection along the Edwards River and one drainage ditch. Primary soil types are Sawmill, Fayette, and Orion silt loams, which culminate with others to make a combined 119.2 PI average. This is a quality piece of farmland that any operator would be blessed to have as part of their operation, and any serious land investor should be happy to have in their portfolio. Tenancy is open after the 2023 crop year. Existing farmhouse is currently rented and provides $450 per month in additional revenue. The farm is located 1 mile due west of Swedona, IL on Meadow Gate Road, in Sherrard School District.
Location
State IL
County Mercer
Area Qcara Area
Zoning Agricultural
Direction From Swedona, IL, go 1 mile straight west on Meadow Gate Road. Farm is on north and south sides of road.
Interior
Fireplace N
Exterior
Exterior Feature Field Tiled, Residence
Utilities Available Electricity Available
View true
Street Surface Paved
Garage 1
Building
Lot Description Agricultural, Bottom Ground, Level, Sloped
Faces From Swedona, IL, go 1 mile straight west on Meadow Gate Road. Farm is on north and south sides of road.
Water Private Well, Septic System
Schools
High Schools Sherrard
Others
Tax ID 06-06-23-100-011
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