Morgan County
Mostly Tillable Farm With High ROI
Literberry Prentice Road, Lot #WP001 Ashland, IL 62612
Description
Here is a great income producing farm, commonly known as Tract #3—40 Acres M/L. This farm is turn key and ready to produce results for the next owner. This farm has been owned, maintained, and farm operated by the same family for over a half-century. This farm provides an excellent return on investment and has the potential to be highly productive, with the 2018 soybean crop averaging 72 bushels. There are excellent locations to build a home that have paved road frontage. This property is located in northeastern Morgan County, 10 minutes southwest of Ashland. There are also six additional farm and recreational/hunting tracts contiguous to this one that are available. Showings are by appointment only. Please call the Listing Agent for more information.
Summary
Address
Features
Road Frontage
Road Surface
Fencing
Land Details
Improvements/Features
Land Type
Land and Farm Property Types
Property Type
Details
- 30 minutes west of Springfield
- 20 minutes northeast of Jacksonville
- 10 minutes southwest of Ashland
- Tract #3—40 m/l acres with additional tracts available
- 32 m/l acres of cropland with 72 bushel soybean average in 2018
- Over 50% of soil has a productivity index (pi) of 119 with overall average 106.9 (Agridata 2019)
- Predominantly well-drained soil
- Potential annual cash rent income of $8,000
- Farming rights open for 2020 season
- Farm is accessible with field entrances from Jurgens and Literberry Prentice roads
- 2 local grain markets within 5-10 minutes of the farm
- Excellent building locations with paved road frontage access from Jurgens and Literberry Prentice roads
- Rural water and utilities available at the road
- Taxes tbd