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The Cole Farm

MLS Number: IL652485
Price: $11,500
Price Alt.: 13,790,685.00'.    $13,779,185.'
Features: Barn, Development Potential, Grain Storage, Home
Acreage : 1,199.19
State: Illinois
County: Iroquois
Status: Under Contract
Property Documents: N/A

The Cole Farm offers 1,199.19 contiguous acres located 9 miles east of Milford, Illinois. The farm is being advertised based on taxable acres, but sale price will be determined by surveyed acreage (in process). The farm carries a 127 soil PI with 1,155 acres being cropland. The 2021 lease on the farm is a 40/60 crop share with 40% of crop going to landowner - tenant pays growing crop expenses. Excellent soil fertility and significant tile installed. 2 building sites are located on the north end of the farm. The west site has a small house and 2,400 sq. ft. quonset shed. The east site has a small house, 2 machine sheds, 4 grain bins (22,500 bu each), hopper bin (3,300 bu), and grain dryer. 2019 RE taxes paid in 2020 were $36.57/acre. Contact Chad Hoke at 309-665-0960 or choke@firstmid.com for additional information.



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