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#: CA1022596
Originating 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
| Date | Event | Price |
|---|---|---|
| 4/15/2024 | Sold | $1,929,600-6.3%$1,270/sqft |
Source: | ||
| 10/5/2023 | Pending sale | $2,060,250$1,356/sqft |
Source: | ||
| 7/27/2023 | Price change | $2,060,250-8.1%$1,356/sqft |
Source: | ||
| 6/2/2023 | Listed for sale | $2,241,150$1,475/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 4/10Matherville Intermediate SchoolGrades: 5-6Distance: 7.3 mi
- 4/10Sherrard Jr High SchoolGrades: 7-8Distance: 5.4 mi
- 6/10Sherrard High SchoolGrades: 9-12Distance: 5.4 mi
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.