276 Acres of Agricultural Land for Sale in Prairie Grove, Illinois
5200 Edgewood Rd, Prairie Grove, IL 60012
Major Price Reduction! Seller wants to see offers and will consider dividing! Best of all worlds with this well-located and highly-productive land with excellent future development potential! Great upside and current income on this +/- 276 acres currently used as a sod farm. Includes two 6,000 sq ft pole barns on 7.75-acre lot that can be included and rented for additional income, or divided off. Great- future development potential - adjacent to Illinois American water and sewer and contiguous to Village of Prairie Grove which is open to annexation and rezoning. Current lease can be terminated, or tenant may consider remaining. Ponds and irrigation ditches in place. Adjacent to Union Pacific Railroad. Priced well below recent nearby comparable sales!
Directions
Rt 31 west on Edgewood across RR tracks. North and South side of tracks.
Property details
- County
- McHenry County
- Community
- Crystal Lake / Lakewood / Prairie Grove
- Zoning
- AGRIC
- Elevation
- 807 feet
- MLS Number
- MRED 11907087
- Date Listed
Parcels
- 1421200001
Property taxes
- 2022
- $11,399
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 26, 2024 | Under contract | $4,293,500 | — | MRED |
| Mar 18, 2024 | Price decrease | $4,293,500 | $554,000 -11.4% | MRED |
| Jan 18, 2024 | Price decrease | $4,847,500 | $534,500 -9.9% | MRED |
| Oct 12, 2023 | New listing | $5,382,000 | — | MRED |