McCauley Road, Mount Vernon, IL 62864 - Jefferson County

209.12 acres of farmland with a small percentage of wooded acreage located near the northeast city limits of Mt. Vernon, IL

Legal: 209.12 surveyed acres located in Sections 15 and 22, T2S R3E of the 3rd P.M., Jefferson County, IL. (Survey available upon request)

Lot Size: 209.12 Acres (Surveyed)

Price: $752,832 ($3600/ac)

Tillable Acres: 170.84 acres (82%) tillable current in row crop production

Mineral Rights: Sellers retain none; however, subject to any prior reservations.

Possession: At closing subject to present tenancy agreement.

Rent Agreement: Owner receives 1/3 of the crop. Open tenancy for the 2019 farming season

Soil Types Tillable Acreage: Bluford, Belknap, Ava, Plumfield, Grantsburg, Zanesville, Sharon, Blair, Kell

Crop Productivity Index: 97.5

Real Estate Taxes: $1,120.02 (2017 taxes paid in 2018)

This property may also be split. The north 51.27 acres is being offered at $174,318 ($3400/ac) and the south 157.85 acres is being offered at $584,045 ($3700/ac)

This is an outstanding investment property with a solid potential 3% return. This farm also has an ideal location at the edge of town with an excellent future potential for development. The property has adequate road frontage along its western and northern borders. There are numerous building sites on this tract of land and exceptional hunting as well. If you are looking for a large tract of contiguous land with a good return then this farm is will certainly meet your needs.