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Tbd Us Rt 20 Elizabeth, IL 61028 Land - Farm Active

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Description

Nice property with lots of road frontage on RT 20 and Reed Road between Elizabeth and Woodbine. Taxed acres are 248.96. Crop acres according to FSA are 235, planted acres showed about 225. It yielded 230 bushels + in 2025. Has a large pond. Could be divided. Aerial maps are not accurate. Most trees have been removed, and ground has been reclaimed to crop ground. This farm has been extensively tiled and cleaned up in the last 2 years.

Property Highlights

Property Type: Land - Farm
Total Acres: 248.96 Acres

General Information

County: Jo Daviess
Listed By:
JIM SULLIVAN REALTY
Rockford Board of Realtors
$2,489,600
Est. $15,814/mo
Active
LOT SIZE 248.960 acres MLS#202600627
STATUSActive PROPERTY TYPELand - Farm SCHOOLRiver Ridge

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Tbd Us Rt 20, Elizabeth, IL 61028.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,489,600$2,489,600$2,489,600
Down Payment $87,136$0$497,920
Monthly Mortgage Amount $14,460$15,044$11,623
Taxes $3465$3465$3465
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,493$0$0
Monthly Estimated Total $20,144$19,235$15,814

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