Illinois
Lee County
70± Acres
$612,500
Lee Il 70 Land Sale Aerials 9
Lee Il 70 Land Sale Aerials 1
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Lee County, IL 70 Acres of Land for Sale

1185 Amboy Rd, Amboy, IL 61310

Property Description

 

 

70± Acres of Income-Producing Tillable Farmland | Lee County, Illinois

 

Located near Amboy in Lee County, Illinois, this 70± acre investment-grade farm offers 100% tillable farmland, strong income potential, and efficient farmability. With a 105.7 Productivity Index average, this Northern Illinois tract is well positioned for investors, 1031 exchange buyers, or operators seeking quality farmland with stable returns.

 

The farm is leased through 2028 at $300 per acre, providing immediate and reliable annual cash flow. Based on the asking price, the property offers a strong 3.55% return, making it a highly attractive income-producing farmland investment.

 

An additional value-add opportunity may be available through the adjoining landowner's pivot irrigation system, which currently encompasses this farm. Potential water units may be available for purchase, creating future upside through irrigation access and enhanced productivity.

 

The property also offers two-sided road access and is located near several grain storage facilities. This property is co-listed with Brad Belser with IL Farm & Rec Land.

 

Property details

 

  • Acreage: 70± acres
  • County and State: Lee County, Illinois
  • Nearest Town: Amboy, Illinois
  • Location: Near Amboy, Illinois
  • 100% tillable farmland
  • 105.7 Productivity Index average
  • Leased through 2028 at $300 per acre
  • Two-sided road access
  • Several grain storage facilities nearby

 

Key features

 

  • 70± acres in Lee County, Illinois
  • Located near Amboy, Illinois
  • 100% tillable farmland
  • 105.7 Productivity Index average
  • Leased through 2028
  • $300 per acre cash rent
  • Approximately $21,000 annual rental income
  • Strong 3.55% return at asking price
  • Excellent income-producing investment opportunity
  • Ideal for 1031 exchange buyers
  • Quality Northern Illinois farmland
  • Adjacent pivot irrigation system encompasses the farm
  • Potential water units available for purchase
  • Two-sided road access
  • Several grain storage facilities nearby

 

Every Property Tells a Story. Let LandGuys Tell Yours.

 

Property Details

Status: Under Contract
Price: $612,500
Acres: 70
Type: Farms
Lat/Long: 41.70314, -89.4034
Nathan Cumpton
Land Broker & REALTOR® Serving North Central Illinois
Nathan Cumpton
Licensed in IL

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