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138.5 +/- Acre Illinois Tillable Land for Sale with Timber, Lake & Creek – Madison County

County: Madison
10903 Il-140, Alhambra IL 62001
$692,500
0.1 (Copy) Sold

Property Description

Property Highlights

  • Excellent homesite overlooking a private 4.5 +/- acre lake.
  • Highland Community School District
  • Annual income of $10,421.
    • Property enrolled in Continuous CRP program through September 30, 2034.
    • Program consists of CP22 riparian buffer trees and CP21 grass filter strip acres.
  • Annual income of $1,200 from cash rent on 7 +/- acres.
  • 40 minutes from St. Louis
  • Close to Interstate 55
  • Easy access via recorded legal easement off Hwy 140

138.5 acres in Madison County, IL with 4.5 +/- acre lake.  This property would be an excellent site for a home overlooking your own private lake.  The lower elevation portion of the property has Silver Creek running through it which provides great turkey and deer hunting, along with $10,421 annual income from a CRP contract which runs through September 30, 2034.  There is additional income of up to $1,200 from cash rent on the tillable portion by the lake.  A combination property providing residential site, hunting/fishing, and income is a rare find.  Don’t let this one get away!

For more information on this property, call or text Phil Brown (314) 753-7444

 

Property Details