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Lot/land
  • $425,000

    See Aerial Map, Roodhouse, IL 62082

    0beds
    0baths
    31.37Acres
    Unimproved Land
    Built in ----
    31.37 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Pattern tiled
    Prime location for this 31+/- acre tract located along HWY 267 directly east of White Hall. The farm is virtually 100% tillable, featuring Keomah & Rozetta Silt Loam soils. Planted in beans for the 2025 crop season, the land produced over 70 bu/ac beans and has been well-maintained by the owner/farmer for years. Pattern tiled.  Investment Analysis (Estimated) Asking Price: $425,000$425/ac cash rent: $13,175Gross Cap Rate: 3.1%Potential Section 180 Tax Deduction (Estimated): $49,000 (+/-)Potential Buy Back Option (3-5 year): $487,000Potential Gross Profit: $99,826Potential Gross IRR (Annualized): 7.48% (+/-) This land presents a wonderful opportunity for an investor to purchase the farm at a 3% gross cap rate, as the owner is willing to pay a $425/ac cash rent. In addition, the seller is willing to negotiate a ""buy-back"" contract at $2,000/ac higher than the original sale price. This effectively locks in an investors IRR for a 3-5 year deal.  The location of this ground is hard to beat, with over 2,500 of frontage along HWY 267 and frontage along the entire northern boundary, allowing easy access for loading operations.  Owner is willing to negotiate a price based upon cash rent. Boundary is surveyed. Contact agent for more details.
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    Zillow last checked: 8 hours ago

    Listing updated: December 18, 2025 at 05:05am

    Listed by:

    Alec Wardenburg 636-577-5288,

    National Land Realty, Illinois

    Source: My State MLS,MLS#: 11606359

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 0
    • Finished area above ground: 0

    Property

    Lot
    • Size: 31.37 Acres
    Details
    • Parcel number: 01302812
    • Lease amount: $0

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Roodhouse

    Financial & listing details

    • Date on market: 11/14/2025
    • Date available: 11/03/2025
    • Listing agreement: Exclusive

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/14/2025Listed for sale$425,000
    Source: My State MLS #11606359 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

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    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 62082

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 000000

    Source: My State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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