292 N Meridian Road Active

Chana,IL 61015

$ 1598400

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Il

MLS Listing ID 202502560

Annual Tax Amount $7,914

Tax Year 2024

Lot Size 108.000 Acres

Property Sub-Type Land

Property Description

Excellent opportunity to secure your own 108+/- acre farm with nearly all tillable, productive acreage located in north-central Ogle County. First time offered on the market in over 55 years, this exceptional farm features fertile cropland that presents the perfect blend of investment income potential or the ideal foundation for your own farming operation. The farm has been carefully rotated between corn and soybeans over the years, making it a strong and proven addition to any agricultural enterprise. Terraces for superior drainage. Plus there's a creek that runs at the edge of the property. Currently rented to a long-term tenant under a competitive cash rent, year-to-year lease in place for 2025, this property provides immediate income opportunity. Conveniently positioned just 10 minutes west of I-39, the location offers both rural tranquility and easy access to major transportation routes. This is a rare chance to invest in an area known for steady growth and strong appreciation. Sale does not include the homestead. Property Index: 126.2 Call for your private showing today!

Location

State IL

County Ogle County

Area O3

Building

Sewer Other

Water Other

Schools

Elementary Schools Meridian

Middle Schools Meridian Jr High

High Schools Meridian

School District Meridian 223

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