0002 W 5000N Road Custer Park, IL $ 880,000
0002 W 5000N Road
$ 880,000
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0002 W 5000N Road

Custer Park, IL, 60481
$ 880,000
Baths0.0

Monthly Estimate*

$ 5,849

0002 W 5000N Road, Custer Park, IL 60481 - Image 1
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0002 W 5000N Road, Custer Park, IL 60481 - Image 8
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Studio Farms/Ranches for sale in Custer Park, IL for $880,000. The lot size is 40.

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.

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Farms/Ranches Active

Price

$ 880,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 958

Style

Agricultural

Lot Size

40

Town/City

Custer Park

County/Region

KANKAKEE

MLS | Web ID

12052921

Features
General
Utilities Electric Nearby
Possession Negotiable
Township Salina
Tax Year 2022
Current Use Agricultural
Percent Ownership Fee Simple
County Kankakee
Property Type Farm Land
Status Active
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 whic
City Custer Park
High School District 2
MLS Area Custer Park
Waterfront Y/N N
Street Name 5000N
Tax Annual Amount 958
Days on Market 7
Standard Status Active
Middle/Junior School District 2
Elementary School District 2
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Exterior
Total Parking 0
Lot Dimensions 1240FT X 1240FT X 1240FT X1240 FT
Lot Size Acres 40
Road Surface Type Gravel
Frontage Length 1240
Frontage Type County Road
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Interior
Street Suffix Road
Total Baths 0
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* Excluded Features
List By
Whitetail Properties Real Estate, Llc

Broker

mark.leonard@whitetailproperties.com

Email

Affordability Calculator

$5,929
Per Month
99%
1%
0%
Monthly Principal & Interest
$5,849
Monthly Property Taxes
$80
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565348 Elementary School
565591 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$880,000 Listed Price

Map


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0002 W 5000N Road, Custer Park, IL, 60481 is a Farms/Ranches for sale at $880,000 with a lot size of 40. 0002 W 5000N Road is a studio with 0.0 baths. The property's zip code is 60481 which is in Custer Park, IL