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0002 W 5000N Road, Custer Park, IL 60481
$880,000
0002 W 5000N Road, Custer Park, IL 60481View this property at 0002 W 5000N Road, Custer Park, IL 60481
0002 W 5000N RoadCuster ParkIL60481
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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.
Full Property Details
Full Property Details for 0002 W 5000N Rd
General
- Price: $880,000
- Taxes: $958 (2022)
- Status: Active
- Type: Farm
- MLS ID: 12052921
- Updated: 5/16/2024
- Added to Site: 25 day(s) ago
Location
- Area: Custer Park
- County: Kankakee
- Township: Salina
- Driving Directions: From Downtown Essex: Take Main Street east approx. 1.25 miles to N 14750 Road. Take N 14750 Road north for approx. .75 miles to W 5000 Rd. Take W 5000 Rd east approx. 2 miles to subject property which will be on the north side of the road.
School Information
- School District: 2
- Elem School District: 2
- Midd School District: 2
- High School District: 2
Utilities
- Onsite: Electricity Nearby
Structural Information
- Square Feet: 40
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Acres): 40
- Lot Size Range: 25.0 to 99.99 Acres
- Lot Dimensions: 1240FT x 1240FT x 1240FT x 1240 FT
- Frontage: County Road
- Frontage Feet: 1240
- Street/Road Desc.: Gravel
- Land Use: Yes
Farm Information
- Farm: Yes
Financial Considerations
- Tax Amount: $958
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8070630000200
Listed by Whitetail Properties Real Estate, LLC
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Price & Sales History for 0002 W 5000N Rd
Date
Details
Price
Change
Source
5/10/2024
Listed
$880,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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