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Agricultural Land for Sale in Hillview, Illinois

111 NW 1200 St, Hillview, IL 62050

$1,332,000
111 acres
Active sale
Est $11,025/mo

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
Zip code
62050
Elevation
423 feet
Coordinates
39.4586, -90.5664

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

DateEventPriceChangeSource
Aug 27, 2026New listing$1,332,000MyStateMLS
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This 111-acre property is located at 111 NW 1200 St in Hillview, IL 62050. The land is available for sale, priced at $1,332,000 — $12,000 per acre.

Listed by National Land Realty, Illinois, (855) 384-5263

Checked 1 hour agoUpdated

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