- Photos
- 1 of 11
Land For Sale • 122.38 AC
This McLean County farm in the path of progress rests adjacent to Bloomington’s southeast city limits. It was labeled as an emerging neighborhood area in the City of Bloomington 2015-2035 Comprehensive Plan. There is road access from Ireland Grove Road, Abraham Road, and Hamilton Road. There is rail access from the Norfolk Southern Railroad along the south edge of the property. The farm possesses a cell tower lease providing an additional income stream. It is currently zoned agricultural and leased on an annual cash rent lease to preserve lower real estate tax assessments. The farm lease expires at the end of the current growing crop harvest. Seller will retain all 2024 agricultural rent income for 2024. Contact David Klein at 309-261-3117 or Craig Thompson at 309-275-6741 or crthompson@firstmid.com for additional information.
| Corridor traffic into Bloomington's southeast side. Ireland Grove Road leads to State Farm Corp. South complex & IL Regional Bldg. |
| 1 mile west of new substation being built by Ameren for 345KV line being installed across MISO. Large line dissecting property leads there. |
| Near residential subdivisions to north and west. Cell Tower in southeast corner provides additional income. |
| Highly productive farmland provides rental income and keeps real estate taxes low until development. |
| Open somewhat level farmland should be easy to convert to a different use if desired. |
| Rail line runs along south side. |
| Total Expenses: | $6,312 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Bloomington-Normal (Lincoln Service - Amtrak, Lincoln Service Missouri River Runner - Amtrak, Texas Eagle - Amtrak) | 13 min | - | 6.0 mi |
| Airport | Drive | Walk | Distance |
| Central Il Regional/Bloomington-Normal | 11 min | - | 4.2 mi |
David Klein
First Mid Bank
David Klein
First Mid Bank
