Property Attributes
- MLS#12052921
- TypeFarm
- CountyKANKAKEE
- CityCuster Park
- AreaCuster Park
- Zip60481
- StyleAgricultural
- Taxes$ 958
- Price$ 880,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size40 Acres
Data Source:
Midwest Real Estate Data (MRED)
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.
Price History | |
---|---|
5/10/2024 | Listed $880,000 |
General Features
Utilities | Electric Nearby |
---|---|
Possession | Negotiable |
Township | Salina |
Tax Year | 2022 |
Current Use | Agricultural |
Percent Ownership | Fee Simple |
County | Kankakee |
Property Type | Farm |
Status | Active |
Directions | From Downtown Essex: Take Main Street east approx. 1.25 miles to N 14750 Road. Take N 14750 Road north for approx. .75 miles to W 5000 Rd. Take W 5000 Rd east approx. 2 miles to subject property whic |
City | Custer Park |
High School District | 2 |
MLS Area | Custer Park |
Waterfront Y/N | No |
Street Name | 5000N |
Tax Annual Amount | 958 |
Days on Market | 7 |
Standard Status | Active |
Middle/Junior School District | 2 |
Elementary School District | 2 |
Property Type | Land |
Interior Features
Street Suffix | Road |
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Exterior Features
Lot Dimensions | 1240FT X 1240FT X 1240FT X1240 FT |
---|---|
Lot Size Acres | 40 |
Road Surface Type | Gravel |
Frontage Length | 1240 |
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