Excellent investment opportunity on this 117.45 +/- acres located right on the east side of Freeport with both significant income as well as great recreational opportunities. Set at the end of a dead end road, this property has 97.4 acres enrolled in native grass CRP that earns $29,212 per year to create around a net 3% annual return on the property. In addition to the income, this property is a recreational paradise with approximately 3/4 of a mile on the Pecatonica River, creating both fishing and waterfowl hunting opportunities. The Pecatonica River is known for holding both the current and the former Illinois state record Walleye catches. Whitetail deer, turkey, and pheasant also are frequent visitors of the property as the abundance of native grasses create cover for bedding and nesting. The property has previously been farmed in row crops, so with a little brush removal a new owner could return this land into farm production following the expiration of the CRP contract in 2027. Schedule a tour today and see firsthand all of the potential this income producing recreational property has to offer! Maps in listing photos are for reference only and do not represent exact boundary survey.
Reference ID: 202603322