Bought with Mark Leonard of Whitetail Properties Real Estate, LLC
$720,000
$716,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
0002 W 5000N Road Custer Park, IL 60481
40 Acres Lot
Key Details
Sold Price $720,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12052921
Annual Tax Amount $958
Tax Year 2022
Lot Size 40.000 Acres
Property Sub-Type Land
Property Description
Excellent Investment Opportunity!! Tract 2. The highly anticipated Heritage Prairie Solar Farm (HPSF), which is being built on nearly 3,700 acres of leased farmland near Essex, Illinois has its approval from the Kankakee County Board and is pushing forward. Here's an opportunity to capitalize on 1 to 8 tracts of land already under lease option by the HPSF for solar farm development. They are being offered for sale in the lease option phase as individual tracts, or any combination suitable for the buyer. Each tract is already receiving a payout with construction is expected to begin in March of 2025. Undeveloped farmland can continue to be farmed, further increasing income potential. Don't miss this turn-key investment opportunity with no out-of-pocket maintenance expenses!! Tract 1: 68.63 +/- Acres, Tract 2: 40.00 +/- Acres, Tract 3: 46.73 +/- Acres, Tract 4: 16.00 +/- Acres, Tract 5: 16.22 +/- Acres, Tract 6: 20.13 +/- Acres, Tract 7: 13.88 +/- Acres, Tract 8: 66.12 +/- Acres.
Location
State IL
County Kankakee
Exterior
Utilities Available Electricity Nearby
View Y/N true
Schools
School District 2, 2, 2
Others
Special Listing Condition None
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