70 Ac Ballou Rd Lots
| Status: | Sold |
| County: | Will |
| Township: | Wesley |
| Address: | Ballou Road Wilmington IL 60481 |
| Gross Land Area: | 70 Total Acres |
| Hectare Conversion | |
| Property Type: | Vacant farmland with Development Potential |
| Possible Uses: | Seven 10 Acre Building Lots |
| Total Investment: | $686,000 |
| Monetary Conversion | |
| Unit Price: | 9800 |
| Sold Price: | 630000 |
| Productivity Index (PI): | 121.2 |
| Value Per PI Point: | 74.26 |
| Buildings: | No Buildings |
| Utilities: | Electric is at site |
| Zoning: | Agriculture |
For more information contact:
Mark Goodwin
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.
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Property Overview
70 acres split into seven 10 Acre lots. Good road frontage and surrounded the Forked Creek Preserve. Part of the Will County Forest Preserve District. The Wauponsee Glacial Trail is near the farm. There are two farm parcels in this offering on Ballou road. Parcel one is 70 total acres. Parcel two is 148 acres of top quality class A farmland with a PI of 138.4. The 148 acres is on the east side of the Wauponsee Glacial Trail. The farms are all in Wesley Township sections 7 & 8. Open lease for 2019.+ View Brochure
+ View Property Disclaimer and Disclosure.
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Property Map
Listing Details
General Information |
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| Listing Name: | 70 Ac Ballou Road (7) 10 Acre Lots | |
| Tax ID Number/APN: | 10 Acres 08-25-08-100-005 10 Acres 08-25-08-100-004 10 Acres 08-25-08-100-003 10 Acres 08-25-07-200-006 10 Acres 08-25-07-200-005 10 Acres 08-25-07-200-004 10 Acres 08-25-07-200-003 |
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| Possible Uses: | 70 Acres already split into 10 acre parcels for estate residential building sites. |
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| Zoning: | Agriculture | |
| Sale Terms: | Seller wishes to do a 1031 tax free exchange. There are three parcels in this offering. The parcels can be purchased separately, but closings need to be coordinated with all parcels. | |
Area & Location |
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| School District: | Wilmington Community Unit School District 209U | |
| Location Description: | Beautiful location surrounded by the Will County Forest Preserve, Forked Creek Preserve. The Wauponsee Glacial Trail is also near the site. The parcels are only .6 miles from IL. Rt. 102. | |
| Site Description: | 70 Acres of level to gently rolling farmland with approximately 10 acres of timber. This parcel has 7 pin numbers with 10 acres each. Seller wishes to sell all 70 acres as one parcel. |
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| Side of Street: | South side of Ballou road | |
| Highway Access: | Just over half a mile to IL Rt. 102 3.4 miles to Rt. 53 in Wilmington 9.3 miles to I-55 at River road. 22 miles north to I-80 & Rt. 53 17.5 miles to I-57 at Peotone |
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| Road Type: | Tar & chip | |
| Property Visibility: | Excellent frontage on Ballou road. | |
| Largest Nearby Street: | IL. Rt. 102 | |
Land Related |
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| Lot Frontage (Feet): | Varies by parcel with a minimum of 300 feet. | |
| Tillable Acres: | 60.08 Total tillable acres. | |
| Buildings: | No buildings | |
| Topography: | Flat to gently rolling | |
| FSA Data: | There is a total of 60.08 Cropland acres. Corn base is 60.08 acres PLC Corn yield of 154 bushels per acre. |
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| Soil Type: | Parcel 2 has 70 total acres with the primary soils types being: Drummer silty clay loam (152A) Martinsville loam (570B) Ridgeville fine sandy loam (151A) |
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| Available Utilities: | Electricity is available at the site. Private well and septic systems are required for building. |
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Financials |
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| Finance Data Year: | 2017 Taxes paid in 2018 | |
| Real Estate Taxes: | 10 08-25-08-100-005 $438.00 or $43.80 10 08-25-08-100-004 $222.00 or $22.20 10 08-25-08-100-003 $153.00 or $15.30 9.7 08-25-07-200-006 $163.00 or $16.80 10 08-25-07-200-005 $116.00 or $11.60 10 08-25-07-200-004 $114.00 or $11.40 10 08-25-07-200-003 $115.00 or $11.50 |
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| Investment Amount: | The total investment is $686,000 or $9,800 per acre. There are a total of 70 acres in this parcel. We have an additional 148 acres on the east side of the Glacial Trail. |
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Location |
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| Address: | West Ballou Road | |
| County: | Will County | |
MARK GOODWIN PROFESSIONAL BIOGRAPHY
It is difficult to find a real estate professional that specializes in Illinois Land Brokerage. Our services area includes Kendall County, Grundy County, Kane County, LaSalle County, Kankakee County, Livingston County, Ford County,Bureau, Henry County, Kane County, Dekalb County, Lake County, Iroquois County, Vermilion County, Kankakee County, and Cook County. Illinois Land Brokerage is a very specialized segment of the real estate brokerage industry. Knowledgeable Land Brokers are difficult to find. Many agents can sell a farm, but how many have the experience and qualifications of Goodwin and Associates?
Mark Goodwin is a Illinois Land Broker who can advise you about your land asset. It takes an experienced Illinois Land Broker to understand how best to market your land asset or find the property that best fits the investors needs or desires. Goodwin and Associates is the Land Broker for you in Illinois. We can help you with the marketing of your farm, residential development land, industrial land and commercial land or help with the selection of farmland, commercial land, retail land, industrial land, residential development land, residential lots, industrial lots and commercial lots. We are here to help you reach your goals.
Mark Goodwin - Illinois Land Broker
1-815-741-22261-815-741-2226 mgoodwin@bigfarms.com
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.