Address
5200 Edgewood Road, Prairie Grove, IL
Price
$ 4,293,500
Property Attributes
  • MLS#11907087
  • TypeFarm
  • CountyMCHENRY
  • CityPrairie Grove
  • AreaCrystal Lake - Lakewood - Prairie Grove
  • Zip60012
  • StyleAgricultural
  • Taxes$ 11398
  • Price$ 4,293,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size276.12 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

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!

Price History
10/12/2023 Listed $5,382,000
1/18/2024 10% - $4,847,500
3/18/2024 12% - $4,293,500

General Features

Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water Nearby,Well Private
Possession Closing,Lease Back Required,Tenant's Rights
Zoning AGRIC
Township Nunda
Tax Year 2022
Current Use Agricultural,Other
Percent Ownership Fee Simple
County McHenry
Property Type Farm
Status Active
Directions Rt 31 west on Edgewood across RR tracks. North and South side of tracks.
City Prairie Grove
High School District 155
MLS Area Crystal Lake / Lakewood / Prairie Grove
Waterfront Y/N No
Street Name Edgewood
Tax Annual Amount 11398.69
Additional Parcels Y/N Yes
Days on Market 213
Standard Status Active
Middle/Junior School District 47
Elementary School District 47
Property Type Land

Interior Features

Street Suffix Road

Exterior Features

Lot Dimensions 2000X7500
Lot Size Acres 276.12
Road Surface Type Asphalt
Frontage Length 2000
Frontage Type County Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Farm Average in 60012

Price
AVG $4.29M
$4.29M
Taxes
AVG $11,398
$11,398
Visits
AVG 247
250
Data Provided by Inside Real Estate®

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