
Agricultural Land for Sale in Hillview, Illinois
111 NW 1200 St, Hillview, IL 62050
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.
Location
- Street address
- 111 NW 1200 St
- County
- Greene County
- Zip code
- 62050
- Elevation
- 423 feet
Directions
*GPS: 801 NW 1200 ST HILLVIEW IL 62050
Property details
- Acreage
- 111 acres
- MLS #
- MyStateMLS 11777490
- Posted
Parcels
- 06-11-29-8
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 27, 2026 | New listing | $1,332,000 | — | MyStateMLS |
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