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  • $1,560,000

    0 W Ballou Rd, Wilmington, IL 60481

    --beds
    --baths
    120Acres
    Unimproved Land, Farm
    Built in ----
    120 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,793 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,793/mo

    Zestimate® history
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    $9,416/mo

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    What's special

    Here's a great opportunity to diversify your investments with tillable farmland in Will County. This productive farm is located about four miles southeast of Wilmington and 10 miles from the Rt. 113 exit off I-55. The property consists of three adjoining parcels, a 60-acre tract, and two 30-acre tracts for an approximate total of 120 acres. These tracts already benefit from field tiling. The farm has approximately 1320 feet of road frontage along Ballou Road which is fully paved, allowing for convenient access. Zoned for agricultural use, crops have historically rotated between corn and soybeans. The collective topography is relatively level with a very slight rise nearing Ballou Road. Soils consist primarily of Ashkum Silty Clay Loam and Elliot Silt Loam with an average PI of 126.67. Farm tenancy for 2024 will remain with the current owner, however a respectful cash rent agreement can be negotiated. Looking for a place to build your dream home with beautiful views of the Illinois countryside? This property offers several potential build sites, and with proper county approval, may be next in line for residential development as is the case along its western border. This is a rare offering in a highly desired location of the county so don't miss this opportunity!

    Zillow last checked: 7 hours ago

    Listing updated: February 20, 2024 at 06:00am

    Listing courtesy of:

    Mark Leonard 630-746-8468,

    Whitetail Properties Real Estate, LLC

    Bought with:

    Randi Quigley

    eXp Realty

    Source: MRED as distributed by MLS GRID,MLS#: 11934895MLS Logo

    Facts & features

    Property

    Features
    • Frontage length: 1320
    Lot
    • Size: 120 Acres
    • Dimensions: 1320FT X 3930FT X 1320FT X 3930FT
    Details
    • Additional parcels included: 0825023000050000,0825023000060000
    • Parcel number: 0825023000030000
    • Special conditions: None

    Utilities & green energy

    • Utilities for property: Electricity Nearby

    Community & neighborhood

    Location
    • Region: Wilmington

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/15/2024Sold$1,560,000-1%
    Source: MRED as distributed by MLS GRID #11934895 Report a problem
    12/21/2023Pending sale$1,575,000
    Source: MRED as distributed by MLS GRID #11934895 Report a problem
    11/21/2023Listed for sale$1,575,000
    Source: MRED as distributed by MLS GRID #11934895 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 60481

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 209U

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.