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12490 Il Route 73, Lanark, IL 61046
$1,600,000
12490 Il Route 73, Lanark, IL 61046View this property at 12490 Il Route 73, Lanark, IL 61046
12490 Il Route 73LanarkIL61046
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Property Description
This property is being offered "AS IS". While currently used as a cattle raising facility with all the amenities, the property has potential for many different uses. The buildings could be converted for several different business opportunities. The house is used as an office currently but could easily be converted into a single family residence. The 8 acre pond serves to collect rainfall runoff from the cattle feeding operation. There is a lot of square footage of concrete floors under roofs. This is a very well maintained property in good condition. The 33.35 acres of tillable land is good producing land for potential income. The income sheet for the current owners is available upon request. If this is something that interests you, call and we'll schedule your showing. One of the owners is willing to stay on as an active partner with agreeable terms to partnership. Ask for more information.
Full Property Details
Full Property Details for 12490 Il Route 73
General
- Price: $1,600,000
- Taxes: $18,529 (2022)
- Status: Active
- Type: Farm
- MLS ID: 11786586
- Updated: 3/29/2024
- Added to Site: 349 day(s) ago
Location
- Area: Lanark
- County: Carroll
- Township: Cherry Grove
- Driving Directions: Heading north out of Lanark on Route 73, the property will be on the left.
School Information
- School District: 308
- Elem School District: 308
- Midd School District: 308
- High School District: 308
Heating & Cooling
- Cooling Type: Central Air Conditioning
Utilities
- Onsite: Electricity to Site, Gas to Site
Structural Information
- Square Feet: 76.87
- Current Bldg. Use: Agricultural
Additional Structures
- Other Structures: Barn(s), Complete Set of Bldgs, Garage(s)
Lot Features
- Lot Size (Acres): 76.87
- Lot Size Range: 25.0 to 99.99 Acres
- Lot Dimensions: 76.87 ACRES
- Frontage: County Road
- Frontage Feet: 2600
- Street/Road Desc.: Asphalt
- Land Use: Yes
- Zoning: AGRIC
- Lot Description: Pond/Lake, Tillable
Farm Information
- Farm: Yes
Financial Considerations
- Tax Amount: $18,529.38
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 10532300001
Listed by Kophamer & Blean Realty
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Schools
Schools serving 12490 Il Route 73
School District:Eastland Community Unit School District 308
Rating | Name | Grades | Distance |
---|---|---|---|
601 S Chestnut St, Shannon, IL 61078 | 3-8 | 5.4 mi | |
500 S School Dr, Lanark, IL 61046 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12490 Il Route 73
Date
Details
Price
Change
Source
5/18/2023
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12490 Il Route 73
Year
Property Taxes
Change
Tax Assessment
Change
2021
$19,254
4%
$288,626
-1%
2022
$18,529
-4%
$290,696
4%
2021
$19,254
-2%
$279,596
-2%
2019
$19,711
4%
$286,604
—
2017
$18,900
39%
$286,604
46%
2016
$13,618
—
$196,733
5%
2016
$13,618
—
$186,698
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12490 Il Route 73
Want to learn more about 12490 Il Route 73? Do you have questions about finding other Farm real estate for sale in Lanark? You can browse all Lanark real estate or contact a Coldwell Banker agent to request more information.