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$ 880,000

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0002 W 5000N RD Custer Park, IL 60481

40 Acres Lot

UPDATED:

08/17/2024 08:30 AM

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12052921

Annual Tax Amount $958

Tax Year 2022

Lot Size 40.000 Acres

Lot Dimensions 1240FT X 1240FT X 1240FT X1240 FT

Property Description

Excellent Investment Opportunity!! Tract 2. The highly anticipated Heritage Prairie Solar Farm (HPSF), which is being built on nearly 3,700 acres of leased farmland near Essex, Illinois has its approval from the Kankakee County Board and is pushing forward. Here's an opportunity to capitalize on 1 to 8 tracts of land already under lease option by the HPSF for solar farm development. They are being offered for sale in the lease option phase as individual tracts, or any combination suitable for the buyer. Each tract is already receiving a payout with construction is expected to begin in March of 2025. Undeveloped farmland can continue to be farmed, further increasing income potential. Don't miss this turn-key investment opportunity with no out-of-pocket maintenance expenses!! Tract 1: 68.63 +/- Acres, Tract 2: 40.00 +/- Acres, Tract 3: 46.73 +/- Acres, Tract 4: 16.00 +/- Acres, Tract 5: 16.22 +/- Acres, Tract 6: 20.13 +/- Acres, Tract 7: 13.88 +/- Acres, Tract 8: 66.12 +/- Acres.

Location

State IL

County Kankakee

Area Custer Park

Interior

Fireplace N

Exterior

Utilities Available Electric Nearby

Waterfront false

Building

Dwelling Type Land

Schools

School District 2 , 2, 2

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Mark Leonard • Whitetail Properties Real Estate, LLC

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