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Sold for $1,929,600
  • $1,929,600

    3231 Meadow Gate Rd, Sherrard, IL 61281

    2beds
    201Acres
    Farm, Unimproved Land
    Built in 1902
    201 Acres Lot
    $-- Zestimate®
    $1,270/sqft
    $722 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $722/mo

    Zestimate® history
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    What's special

    Introducing 201 acres of well-maintained, good quality farmland in Richland Grove Township of Mercer County, IL. With 166 acres in row crop production and 5+ acres in (expired) CRP waterways, this farm is over 85 percent tillable. The north 120 acres is gently rolling, and has been carefully managed with waterways and using cover crops. The south 80 acres is mostly level with levee protection along the Edwards River and one drainage ditch. Primary soil types are Sawmill, Fayette, and Orion silt loams, which culminate with others to make a combined 119.2 PI average. This is a quality piece of farmland that any operator would be blessed to have as part of their operation, and any serious land investor should be happy to have in their portfolio. Tenancy is open after the 2023 crop year. Existing farmhouse is currently rented and provides $450 per month in additional revenue. The farm is located 1 mile due west of Swedona, IL on Meadow Gate Road, in Sherrard School District.

    Zillow last checked: 8 hours ago

    Listing updated: April 19, 2024 at 01:01pm

    Listed by:

    Chase Burns Mobl:309-368-0370,

    LandGuys, LLC of Illinois

    Bought with:

    Chase Burns, 471019052

    LandGuys, LLC of Illinois

    Source: RMLS Alliance,MLS#: CA1022596MLS LogoOriginating MLS: Capital Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Interior area
    • Total interior livable area: 1,519 sqft
    • Finished area above ground: 1,519
    • Finished area below ground: 0

    Property

    Lot
    • Size: 201 Acres
    • Features: Agricultural, Bottom Ground, Level, Sloped
    Details
    • Parcel number: 060623100011
    • Zoning description: Agricultural

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private
    • Utilities for property: Electricity Available

    Community & neighborhood

    Location
    • Region: Sherrard
    • Subdivision: None

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/15/2024Sold$1,929,600-6.3%$1,270/sqft
    Source: RMLS Alliance #CA1022596 Report a problem
    10/5/2023Pending sale$2,060,250$1,356/sqft
    Source: RMLS Alliance #CA1022596 Report a problem
    7/27/2023Price change$2,060,250-8.1%$1,356/sqft
    Source: RMLS Alliance #CA1022596 Report a problem
    6/2/2023Listed for sale$2,241,150$1,475/sqft
    Source: RMLS Alliance #CA1022596 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,976 -31.8%$52,706 -32.6%
    2023$5,831 +6.1%$78,185 +10.6%
    2022$5,497 +10%$70,685 +12.9%

    Find assessor info on the county website

    Neighborhood: 61281

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Sherrard

    Source: RMLS Alliance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.