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1450 State Route 17 Lacon, IL 61540 Land - Farm Pending

Pending
  • 1450 State Route 17, Lacon, IL 61540 Main Photo

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Description

Don't miss this exceptional 105.48± acre Marshall County, Illinois farm located just East of Lacon. This highly productive tract offers an outstanding combination of strong income, quality soils, recreational opportunities, and future development potential. The farm features a strong soil profile on 93+- tillable acres consisting primarily of Muscatune silt loam, Sable Silty Clay Loam, and Rozetta silt loam soils. Historically, the property has produced impressive crop yields, with documented production of approximately 236 bushel-per-acre corn and 68 bushel-per-acre soybeans in 2025. Beyond the agricultural value, this property offers significant upside for future development given its desirable location close to Lacon. The mix of productive tillable acreage, gentle rolling terrain, and accessibility creates a rare opportunity for both investors and operators alike. In addition to the income potential, the north side of the farm offers quality hunting opportunities with excellent habitat and natural travel corridors for wildlife. Properties of this size and caliber in close proximity to town rarely become available, making this a truly unique offering. Whether you are looking to expand your farming operation, invest in premium Illinois farmland, or own a diverse property with both income and recreational appeal, this farm deserves serious consideration.

Property Highlights

Property Type: Land - Farm
Total Acres: 105.48 Acres
Utilities: None
Zoning: Agricultural

General Information

County: Marshall
High School: Lacon
Subdivision: None
Listed By:
Jim Maloof Realty, Inc. Mobile: 309-231-1449
RMLSA
$1,330,000
Est. $8,877/mo
Pending
LOT SIZE 105.480 acres MLS#PA1266877
STATUSPending PROPERTY TYPELand - Farm SUBDIVISIONNone SCHOOLLacon

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1450 State Route 17, Lacon, IL 61540.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,330,000$1,330,000$1,330,000
Down Payment $46,550$0$266,000
Monthly Mortgage Amount $7,935$8,365$6,638
Taxes $1851$1851$1851
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $798$0$0
Monthly Estimated Total $10,972$10,604$8,877

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