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Land for Sale

Farm Real Estate

307± Acre Pattern-Tiled Farmland – Milford, Illinois

Iroquois County, Illinois


$3,347,172

Auction Results:

307.08 +/- Acres

Listing #: JT2538307IL

Primarily tillable farmland with Class B soils, new pattern tiling completed in spring 2024, a Surety PI of 113.7, proximity to grain markets in Goodwine, and an open lease for 2026

Property Details

This 307± acre farm offers a strong mix of productivity and investment potential, with primarily tillable acres and mostly Class B soils making it well-suited for both farm operators and land investors. Conveniently located just west of Milford, Illinois, the property sits close to grain markets in Goodwine, providing excellent access and logistics. Most of the farmland was fully pattern tiled in spring 2024, enhancing drainage and long-term yield performance. The farm carries a Surety Productivity Index (PI) of 113.7 and will be sold with an open lease for 2026, giving the new owner flexibility for the next crop year.

CLICK + EXPLORE

  • Land Features

  • Values & Attributes

  • Directions

    • Newer pattern tiled system
    • Almost all tillable - with the option to buy additional wooded acreage
    • Several terraces eliminated with the tile system

    • Open lease for 2026
    • Supplemental Income: Cash Rent
    • 2024 taxes averaged $31.80/Acre

  • From Milford, take Jones Street/County Hwy 9(corner N of Casey's) west about 3.7 miles and turn south on 1900 East Rd. The farms are 1.5-2 miles south at the intersection of 1900 East and 800 North.

Disclaimer: All information provided by Geswein Farm & Land Realty, LLC or their sales representatives, brokers, managers, and advisors in connection with this property was acquired from sources deemed reliable and is believed to be accurate and reliable, however, we do not warrant its accuracy or completeness and it is subject to change without notice.

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Contact Jeremy Thompson

Broker & Advisor

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307± Acre Pattern-Tiled Farmland – Milford, Illinois

Address E 800 N Rd, Milford, Illinois 60953
Sale Price $3,347,172
Cap Rate N/A
Property Type Farm Real Estate
Property Subtype N/A
Market IL East Central
Sub Market N/A
Year Built N/A
Land Size (Acres) N/A
Building Size (SF) N/A
Lease Rate N/A
# of units N/A

Description/Comments:
Primarily tillable farmland with Class B soils, new pattern tiling completed in spring 2024, a Surety PI of 113.7, proximity to grain markets in Goodwine, and an open lease for 2026

Space Descriptions:
N/A

Lead Broker

Jeremy Thompson
Advisor & Broker
Geswein Farm & Land

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Land for Sale

Farm Real Estate

Iroquois County, Illinois


$3,347,172

307.08 +/- Acres

Call or Text +1 8153515572
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