Recreational Acres With A Potential 5.8% Annual ROI
SOLD
County
RichlandAcreage
42 ±SOLD
County
RichlandAcreage
42 ±Address
N. Fox Road, Lot #WP001
Olney, IL 62450
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Description
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.
Sold Property
For more information or to see additional properties currently for sale see Josh Malone's listings.Property Listing
Type
Recreational Land, Timberland, Hunting Land
Legal
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.