Property Review | 40 Acres in Peoria County

Farmland for Sale in Peoria County Illinois Property review time! This is a property that I own personally. I bought it a few years back as a parking spot for some money to earn a good return while I continued to search for our next family farm. I can't tell you how much we enjoyed this farm...so much so that we eventually settled on a family farm less than a mile upstream of this one! This land for sale in Peoria County comes with an amazing return on investment and some incredible recreational value for a farm that returns so well! Take a listen to the podcast for an informal chat about the property. Agent Owned Click here to access the property listing page PODCAST TRANSCRIPTION(these are fairly accurate but not perfect...please forgive any errors or inconsistencies) Hey, guys, welcome back to the podcast. Today's episode is a property review on 40 acres in Peoria County. So this is a property that I own personally I've owned for a few years now, so I'm very familiar with it. It is. I'm here in Dunlap, Illinois, so the farm is super close to me. So it's just on the let's see, West side. It's kind of like Dunlap School district area. So it's just down Grange Hall Road, if you're familiar with this area just passed like Kickapoo sand and gravel. Once you cross that Kickapoo Creek on Grange Hall, it is just there on the north. It's actually Corney Road. It it's a dead end road that heads north, maybe a mile. And I am back there on the right. So I bought the property a couple of years ago when my wife and I sold our Canton family farm there just east of Canton. And like, we didn't intend for this to be a long hold. We were just going to kind of hold it while we looked for a farm. When we sold that Canton farm, our goal was to move that money closer to our our home here in Dunlap. And we ended up finding something. I actually found a property in Dunlap that we could maybe build on someday and still be in the same school district. But now that we've found something else where we're unloading this property and I bought it mainly because it was a tillable farm, I mean, of the 40 acres, it's 27, I believe, tillable. So it was just a good investment, pretty good dirt. I don't I'll put it on the website, but I want to say it's like a 126 ish productivity index. So solid B plus farm, the soils are good. I get 350 bucks an acre cash rent. So you're talking just under ten grand ish if you were to farm at all. I mean, of course I don't because we play on it. So we had some in food plots, but you know, if a guy farmed all of it, you're looking at just under ten grand a year. So that's why we bought it. It was just kind of a good investment, a spot to park money. And but what we found is we used it like way more than we thought. You know, I knew that we would use it a little bit, just being kind of close to the house. And the south side of this is the Kickapoo Creek. So, you know, I had that in the back of my mind, like, cool. At least we have a little spot to go to to hang out, let the kids play, you know, play in the creek and run around, you know, while we wait to find our kind of like next next farm, next family farm. And we used it a lot more than I thought. The tillable is pretty straightforward. Again, that's why I bought it. But before we move on from that, like it's it is floodplain stuff. And because the Kickapoo Kickapoo Creek is there, I've never seen it flood. I mean, it floods like. It's the Kickapoo Creek certainly like raises a lot. But I've never seen it go over like the little I'm going to say a levee, but it's not. It's sort of a levee just on the the south side of that creek, like kind of where we use as the trail to drive in. It is elevated maybe, you know, four or five feet. So it's kind of like a little levee. I've never seen it crossed that the dude that I bought it from said that he has seen it cross that once. I think in the last 20 or 25 years, it was never an issue to me.