12490 Il Route 73 Lanark, IL $ 1,600,000
12490 Il Route 73
$ 1,600,000
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12490 Il Route 73

Lanark, IL, 61046
$ 1,600,000
Baths0.0

Monthly Estimate*

$ 11,176

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Studio

Farms/Ranches for sale in Lanark, IL

for $1,600,000. The lot size is 76.87.

This property is being offered "AS IS". While currently used as a cattle raising facility with all the amenities, the property has potential for many different uses. The buildings could be converted for several different business opportunities. The house is used as an office currently but could easily be converted into a single family residence. The 8 acre pond serves to collect rainfall runoff from the cattle feeding operation. There is a lot of square footage of concrete floors under roofs. This is a very well maintained property in good condition. The 33.35 acres of tillable land is good producing land for potential income. The income sheet for the current owners is available upon request. If this is something that interests you, call and we'll schedule your showing. One of the owners is willing to stay on as an active partner with agreeable terms to partnership. Ask for more information.

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Farms/Ranches Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 18,529

Style

Agricultural

Lot Size

76.87

Town/City

Lanark

County/Region

Carroll

MLS | Web ID

11786586

Features
General
Cooling Central Air
Utilities Electric to Site Gas to Site
Possession Closing
Zoning AGRIC
Township Cherry Grove
Tax Year 2022
Current Use Agricultural
Percent Ownership Fee Simple
County Carroll
Property Type Farm Land
Other Structures Barn(s) Complete Set of Bldgs Garage(s)
Status Active
Directions Heading north out of Lanark on Route 73 the property will be on the left.
City Lanark
High School District 308
MLS Area Lanark
Waterfront Y/N N
Street Name Il Route 73
Tax Annual Amount 18529.38
Additional Parcels Y/N N
Days on Market 11
Standard Status Active
Middle/Junior School District 308
Elementary School District 308
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Exterior
Total Parking 0
Lot Dimensions 76.87 ACRES
Lot Size Acres 76.87
Road Surface Type Asphalt
Frontage Length 2600
Frontage Type County Road
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Interior
Total Baths 0
Basement Cellar
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* Excluded Features
List By
Kophamer & Blean Realty

Broker

larry@KenKoprealty.com

Email

Affordability Calculator

$12,721
Per Month
88%
12%
0%
Monthly Principal & Interest
$11,176
Monthly Property Taxes
$1,544
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
566318 Elementary School
567529 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/18/2023$1,600,000 Listed Price

Map


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12490 Il Route 73, Lanark, IL, 61046 is a Farms/Ranches for sale at $1,600,000 with a lot size of 76.87. 12490 Il Route 73 is a studio with 0.0 baths. The property's zip code is 61046 which is in Lanark, IL