Hillview tillable acreage. This 168+ tract located just west of Hillview in the Greene County Bottoms boasts almost 100% tillable acres. Ideal for an investor, this farm is being sold with a long-term cash rent lease at $400/ac. Additionally, the owner would negotiate a buy-back contract securing a level of appreciation and an future exit for an investor.
The farm does have center-pivot irrigation that will go with the sale. The land has over 2500' of frontage on the north end allowing for easy loading operations. Yield data shows an average corn harvest at or above 200 bu/ac.
This is a unique opportunity to purchase a farm with a good cap rate, long term tenant, and even a potential opportunity to contract a future sale.
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Research Parcel Information*GPS:801 NW 1200 ST HILLVIEW IL 62050