168+- acre tillable/CRP property McDonough cty IL

$1,346,500
Under Contract
Mc67 2
Mc67 3
Tm2

Property Details

ID: 99818
Status: Under Contract
Price: $1,346,500
Acres: 168.42
Price Per Acre: $7,995
Type: Farms
Address: 4847 E 50th St
City, State: Plymouth, Illinois
County: McDonough
Zip Code: 62367

Description

This solid, versatile piece of farmland/hunting property listed right outside Colmar in western McDonough County, Illinois, the 168.42-acre (FSA) row crop farm with 155.19 tillable acres offers strong production potential, especially with farming open for 2026.

Key highlights:

-  CRP component - 26.9 acres enrolled, paying $273.93/acre through 2038 (that's roughly $7,370+ in annual guaranteed income, providing nice stability).

-  Additional ~26 acres recently out of CRP, now in grass/small trees - reclaimable for cropping with some cleanup, potentially boosting tillable acres back toward the full 155+.

-  Access - Excellent equipment entry from hard road/gravel on the south, plus well-maintained gravel on east/west for the north piece.

-  Extras - Nice pond in the timber, plus strong hunting lease potential (deer/turkey hunting in this area is excellent).

-  Pricing - $7,995/acre ($1,346,450 total) 

For context on the market (as of early 2026):

-  Recent McDonough County farmland sales have ranged widely, but productive tillable ground often falls in the $10,000-$12,000+/acre range for high-quality soils (e.g., August 2025 sales around $11,000/acre on 63+ acres with strong soil scores). Broader county averages hover around $8,000-$11,000/acre depending on tillable percentage, location, and features.

-  Statewide Illinois farmland values have been relatively stable to slightly softening in recent reports (e.g., modest declines in some 2025 benchmarks due to commodity prices/interest rates), but good income-producing tracts with CRP or hunting upside hold value well.

-  CRP rates vary by county/practice, but your $273.93/acre is solid for the enrollment period.

The combo of row crop income, CRP payments, reclaimable acres, easy access, pond, and hunting appeal makes this a well-rounded opportunity-ideal for a farmer wanting expansion, an investor seeking yield + recreation, or someone blending both.

If you have questions or you are interested in this farm contact the Legacy Land Company listing agent Cabot Benton 217-371-2598 cbenton@Legacylandco.com

Additional Details

Additional Info

Wildlife: Dove, Ducks, Turkey, Whitetail Deer
Soil: Clay Loam, Silt Loam
Crops: Corn, Soybean
Road Frontage: County Road
Current Use: Farm, Hunting
Cabot Benton
Cabot Benton
Partner | Broker | Land Specialist

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