Greene County, Illinois irrigated farmland investment. 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. The farm can be open for the 2027 crop year. 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
Irrigated farmlandHigh yields
- 127 days
- 30
- 2
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.
