$1,105,675
$1,218,000
9.2%For more information regarding the value of a property, please contact us for a free consultation.
0 W Coral RD Marengo, IL 60152
87.33 Acres Lot
Key Details
Sold Price $1,105,675
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11843983
Annual Tax Amount $8,049
Tax Year 2022
Lot Size 87.330 Acres
Property Description
Southern McHenry County, Illinois agricultural investment. This 87 acre parcel consists of approximately 85 acres (97%) of tillable land. Excellent location on Coral Rd just east of Illinois Rt 23 and approximately 2.5 miles north of the I-90 Interchange at Rt 23 (easy access to the Chicago suburbs & Rockford) and approximately 3 miles south of Marengo. The majority of the soils on this farm are Kane Silt Loam, Lisbon Silt Loam & Parr Silt Loam. The farm has a 124.9 PI and is ideal for grain farming. The property is also situated very near to several active sand & gravel operations indicating possible future use for mineral extraction. The buildings on-site are not functional at this time. A well is present on the farm - the operational status of which is unknown. Excellent opportunity for a long-term Ag investment! Farm is leased thru March 2024.
Location
State IL
County Mc Henry
Area Harmony / Marengo
Zoning AGRIC
Exterior
Utilities Available Electric Nearby, Well Private
Waterfront false
Schools
High Schools Marengo High School
School District 18 , 18, 154
Others
Special Listing Condition None
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Bought with Rick Bellairs • Berkshire Hathaway HomeServices Starck Real Estate