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$4,293,500   Price Analysis
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5200 Edgewood Rd
Prairie Grove, IL 60012
Unknown bed 0 bath unknown SqFt ($0/SqFt)
276.12 acre lot.
Listed 2023-10-12, Taxes $544
Ⓧ USDA Ineligible
due to price & location

near Prairie Grove

Major Price Reduction!

Seller wants to see offers and will consider dividing. Best of all worlds with this well-located and highly-productive land wit h excellent future development potential! Great upside and current income on this +/- 276 acres currently used as a sod farm. Includes two 6, 000 sq ft pole barns on 7.75-acre lot that can be included and rented for additional income or divided off.

Great- future develpment potential - adjacent to Illinois American water and sewer and contiguous to Village of Prairie Grove which is open to annexation and rezoning. Current lease can be terminated or tenant may consider remaining. Ponds and irrigation ditches in place. Adjacent to Union Pacific Railroad. Priced well below recent nearby comparable sales!


Presented by Daniel Flanagan at
Flanagan Realty, LLC.


Property MLS #11907087 from MRED

Total Bathrooms: 0

Additional Parcels Description: 1421200004, 1421200003, 1421200002, 1416200001, 1416376001
Lot Size Acres: 276.12
Lot Size Dimensions: 2000X7500
Lot Size Square Feet: 12027787

Frontage Type: County Road
Road Surface Type: Asphalt

Association: No
Calculated Total Monthly Association Fees: 0

High School District: 155

Prairie Ridge High School is a public high school located approximately 1 miles away.
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Hannah Beardsley Middle School is a public middle school located approximately 3 miles away.
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North Elementary School is a public elementary school located approximately 3.2 miles away.
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Alexander Leigh Center For Autism is a private elementary, middle and high school located approximately 1.9 miles away.
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Annual Tax Amount: 11398.69
Source Listing Status: Active
County: McHenry
Current Use: Agricultural
Directions: Rt 31 west on Edgewood across RR tracks. North and South side of tracks.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Farm
Parcel Number: 1421200001
Township: Nunda
Zoning: AGRIC
Property Subtype: Land
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $6,650
$6,650
$544
2021$unknown + $6,141
$6,141
$512
2020$unknown + $5,678
$5,678
$481
2019$unknown + $5,258
$5,258
$454
2018$unknown + $4,875
$4,875
$429
2017$unknown + $4,528
$4,528
$423
2016$unknown + $4,212
$4,212
$412
2015$unknown + $3,925
$3,925
$404
2014$unknown + $3,723
$3,723
$393
2013$unknown + $3,385
$3,385
$340
2012$unknown + $3,077
$3,077
$277
2011$unknown + $2,797
$2,797
$222
2010$unknown + $2,543
$2,543
$181
2008$unknown + $2,102
$2,102
$133
2007$unknown + $1,911
$1,911
$119
2006$unknown + $2,022
$2,022
$128

Price Changed 2024-03-18
$4,293,500
MRED
Price Changed 2024-01-18
$4,847,500
MRED
Listed 2023-10-12
$5,382,000
MRED

Electric to Site
Gas to Site
Sanitary Sewer
Water Nearby
Well Private
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.