Sold
Investment And Hunting Tract With A 5% ROI
Acreage
53 ±
County
Richland
SOLD
Address 3379 N. Fox Road Olney, IL 62450
View on Google MapsDescription
Located just outside of Olney, this parcel stands as an opportunity in an area renowned for its mature Illinois whitetail deer and vibrant turkey population. With the acreage set to undergo surveying and an established easement road ensuring easy access, convenience and potential converge on this tract. As an investment opportunity, this tract offers an enticing prospect, with approximately 42 acres generating a $9,000 annual CRP payment, forming the cornerstone of its income generation. The remaining acreage is not enrolled in any programs and is prime for improvements such as food plots or a trail system. Furthermore, the possibility of leasing the land for hunting could add an additional $2,000 per year to its revenue stream, culminating in a solid 5.0% annual return on investment. Whether you're drawn to its financial promise or enticed by the allure of Illinois's rich wildlife, this property promises both stability and opportunity for those savvy enough to seize it. For more information, please reach out to local Land Specialist Josh Malone.
Details
- Potential 5% ROI
- Approximately $9000/yr CRP income
- Great deer and turkey population
- Diverse hunting tract
- Great blend of habitat
- Great travel route along the creek
- Just minutes outside Olney
- Adjacent 42 acre tract also available for purchase
Summary
Land Type
Hunting and Recreational, Ranch and Farm
Property Type
Recreational Land, Timberland, Hunting Land
Land and Farm Property Types
Land - Hunting, Land - Recreational, Timberland - Planted
Land Details
Enrolled in Government Program
Improvements/Features
Small Game, Big Game, Upland Game, Predators
Activities on Property
Hunting, Hiking, ATV Riding, Camping, Family Activities
Government Programs
Conservation Reserve Program (CRP)
Waterfront
Creek
Wild Game
Upland Game, Small Game, Big Game
Other Property Details
Coordinates
38.6916, -88.1189
Annual Taxes
$0
Sold Property
For more information or to see additional properties currently for sale see Josh Malone's listings.