111 +/- tillable acres being split off from a larger 168 +/- acre farm. The land boasts excellent cash rent returns, high yields, irrigation and long-term rent options. Ideal for an investor, this farm comes with a $400/ac cash rent in place for 2026 with options to extend. Full cash rent will be funded at closing. Investment Analysis(Estimated)Asking Price: $1,332,000 ($12,000/ac)$400/ac cash rent: $44,400 (111 acres)Drainage tax: $3,846 (+/-)Property tax: $2,500 (+/-)Net Income: $38,054 (+/-)Cap Rate: 2.9% (+/-) Yield data shows an average corn harvest at 188-197 bu/ac. A soil test was completed in April of '26 and is attached in the property documents section. There is anestimatedSection 180 excess soil fertility deduction of over $1,400/ac.
Lot/land
$1,332,000
111 NW 1200th St, Hillview, IL 62050
0beds
0baths
111Acres
Unimproved Land
Built in ----
111 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High yields
- 54 days |
- 39 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Alec Wardenburg 636-577-5288,
National Land Realty, Illinois
Source: My State MLS,MLS#: 11777490
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: 111 Acres
Details
- Parcel number: 0611298
- Lease amount: $0
Community & HOA
HOA
- Has HOA: No
Location
- Region: Hillview
Financial & listing details
- Date on market: 5/19/2026
- Date available: 04/07/2026
- Listing agreement: Exclusive
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Listed for sale | $1,332,000 |
Source: My State MLS #11777490 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
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.
Climate risks
Neighborhood: 62050
Nearby schools
GreatSchools rating
- 5/10Roodhouse Elementary SchoolGrades: PK-6Distance: 10.4 mi
- 3/10North Greene High SchoolGrades: 7-12Distance: 8.9 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.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Greene County
- Hillview
- 62050
- 111 NW 1200th St
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