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.
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
- 52 days |
- 65 |
- 1 |
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
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Listed 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
Boost your down payment with 6% savings match
Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.
Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.Climate risks
Neighborhood: 62082
Nearby schools
GreatSchools rating
- 2/10Greenfield Elementary SchoolGrades: PK-8Distance: 7.5 mi
- 8/10Greenfield High SchoolGrades: 9-12Distance: 8 mi
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.
- Loading
