Lease to Own
Address
0006 N 14750w Road, Essex, IL
Price
$ 442,860
Property Attributes
  • MLS#12053056
  • TypeFarm
  • CountyKANKAKEE
  • CityEssex
  • AreaEssex
  • Zip60935
  • StyleAgricultural
  • Taxes$ 449
  • Price$ 442,860
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size20.13 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Excellent Investment Opportunity!! Tract 6. 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 $442,860

General Features

Utilities Electric Nearby
Possession Negotiable
Township Essex
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 for approx. 1.25 miles to N 14750 W Road. Take N 14750 Rd north for approximately .5 miles,subject property will be on the east side of the road.
City Essex
High School District 255U
MLS Area Essex
Waterfront Y/N No
Street Name 14750w
Tax Annual Amount 449
Days on Market 7
Standard Status Active
Middle/Junior School District 255U
Elementary School District 255U
Property Type Land

Interior Features

Street Suffix Road

Exterior Features

Lot Dimensions 62FT X 1987FT X 432FT X 2000FT
Lot Size Acres 20.13
Road Surface Type Asphalt
Frontage Length 62
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 60935

Price
AVG $670K
$440K
Taxes
AVG $641
$449
Visits
AVG 126
68
Data Provided by Inside Real Estate®

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