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Recreational Acres With A Potential 5.8% Annual ROI
Acreage
42 ±
County
Richland
SOLD
Address N. Fox Road, Lot #WP001 Olney, IL 62450
View on Google MapsDescription
Situated just outside Olney, this income-producing 42-acre tract boasts a prime location in an area renowned for its mature Illinois whitetail deer and thriving turkey population. With the acreage set to be surveyed and an established easement road ensuring excellent access from the south end of the property. As an investment prospect, this parcel presents an attractive proposition, generating approximately $9,000 per year through its CRP payment alone. Moreover, its potential for hunting leases could yield an additional $1,500 plus annually, resulting in a solid 5.8% annual return on investment. Whether you're looking to capitalize on the land's natural bounty or seeking a promising investment venture, this property offers both financial stability and the allure of Illinois's abundant wildlife. For more information, please reach out to local Land Specialist Josh Malone.
Details
- Potential 5.8% ROI
- Approximately $9000/yr CRP income
- Great deer and turkey population
- Access is in the southeast corner
- Just minutes outside Olney
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
38.6977, -88.1411
Annual Taxes
$0
Sold Property
For more information or to see additional properties currently for sale see Josh Malone's listings.