0000 North 24th Road
Marseilles, IL, 61341 $ 1,115,000
Baths0.0 Monthly Estimate*
$ 7,040
Studio for $1,115,000. The lot size is 80.2.
An efficient, well-balanced row-crop farm in Grand Rapids Township (T28), one of the most purely agricultural townships in one of the most productive corn-growing counties in the United States. Grand Rapids Township covers 35.6 square miles with a population of under 300 - this is farm country, not a neighborhood in waiting. Of the 80.2 total acres, 74 are tillable, carrying a Productivity Index of 121.2 across a soil profile led by Bryce, Swygert, Rutland, Mokena, and Proctor. For the operator, this one simply works. The tract is the West Half of the Northwest Quarter of Section 3-32-4 - a clean half-quarter running a quarter mile wide by a half mile deep, with straight boundaries and no odd corners to nurse. Access on two sides means equipment moves in and out cleanly and headlands stay productive. The contour is gently rolling - enough relief to shed water and surface-drain naturally, without the slope penalty or erosion concerns that come with rougher ground. Drainage is the story here, and it's a good one. The Bryce and Swygert soils are the heavy, high-clay prairie soils that produce big yields once water is managed, and Proctor brings a well-drained, high-quality outwash component to the mix. The farm already drains well, but a creek runs east to west along the back of the property, providing an established gravity outlet on-site. That removes the two biggest obstacles to any tile project - securing an outlet and the cost to reach it - and makes systematic tile the highest-return improvement available on a farm of this soil type. A buyer can put capital to work here and see it in the yield monitor. Location adds real dollars per bushel. FS Grain, LLC sits just 7 miles from the property - a short haul that keeps trucks turning and the combine running through the narrow windows that decide a harvest. LaSalle County ranks year in and year out among the top six counties in the nation for total corn production, and the Illinois Valley offers unusually deep demand beyond the local elevator: Marquis Energy's Hennepin complex - the state's largest dry-mill ethanol plant - consumes almost half of all corn within a 65-mile radius, with an added soybean crush and river loading facility expanding market options for growers in the region. Interstate 80 and Illinois River barge access at Marseilles are both close at hand. This is a real market, not a thin one. The farm is open for the 2027 crop year. No inherited tenant, no waiting out a lease - the buyer farms it himself or selects his own operator and starts fresh. The balance of the farm along the creek corridor is enrolled in CRP through 2035 with annual revenue of $165 on ground that was never going to raise a crop anyway. Income with no inputs, no weather risk, and no machinery hours against it, and the enrolled acres hold a natural buffer along the waterway. Note that the 74 tillable acres are exclusive of the CRP ground, so the row-crop base and the CRP revenue stack rather than overlap. A note on taxes: the prior year's bill covered a home and a small acreage that have since been split off from the farm. A new assessment is being established on the bare agricultural land, so the historical figure does not reflect what a buyer will carry. Illinois assesses farmland on agricultural use value rather than market value, and the current figure will be provided as soon as it is set. Whether you're an operator looking to add efficient acres close to home or an investor after quality Illinois tillable ground with a clear improvement path and income already in place, this farm deserves a look.
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FeaturesGeneralUtilities Electricity Nearby
Possession Closing
Township Grand Rapids
Tax Year 2025
Current Use Agricultural
Ownership Fee Simple
County LaSalle
Property Type Farm Land
Status New
Directions From Marseilles take County Highway 15 (East 24th Road) south go west on North 2653rd Road to East 22nd Road and go south. Then go west on North 24th Road to the property on your left. The property
High School Ottawa Township High School
City Marseilles
High School District 140
MLS Area Marseilles
Tax Annual Amount 6502.3
Standard Status Active
Middle/Junior School District 95
Elementary School District 95
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ExteriorTotal Parking 0
Lot Dimensions 720x309x588x2505x1338x2820
Lot Size Acres 80.2
Road Surface Type Gravel
Frontage Length 720
Frontage Type Township Road
Waterfront Y/N N
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* Excluded FeaturesList ByMidwest Land Group LlcBroker
mhammer@midwestlandgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,040
- Monthly Property Taxes
- $542
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyFarm listings in Marseilles, IL
Average List Price $955,385
Percent of Sale Price 14%
About Marseilles, IL 5,233 Population
5% Since 2002
$ 44,627 Median Income
40.59 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
566130 Elementary School
567007 Middle School
Ottawa Township High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/29/2026 | $1,115,000 | | Listed Price |