Sold
Last Sold Price
4,922,280 Lot Size113 Acres
0 Tax School Rd, Lacon, IL 61540
LandProperty Type
113 acresLot Size

Description

Don't miss this highly productive 113± acre Marshall County, Illinois tillable farm. Located just 5 miles east of Lacon, this farm represents an excellent opportunity for both operators and investors looking to add quality ground to their portfolio. The property is primarily made up of highly regarded Harco silt loam soils and boasts an impressive 137.6 weighted PI across the tillable acreage. The farm has been well maintained and is currently in a strong corn and soybean rotation, with the 2025...Don't miss this highly productive 113± acre Marshall County, Illinois tillable farm. Located just 5 miles east of Lacon, this farm represents an excellent opportunity for both operators and investors looking to add quality ground to their portfolio. The property is primarily made up of highly regarded Harco silt loam soils and boasts an impressive 137.6 weighted PI across the tillable acreage. The farm has been well maintained and is currently in a strong corn and soybean rotation, with the 2025 crop consisting of approximately 59 acres of corn and 77 bushel-per-acre soybeans. Access is another standout feature, with road frontage and convenient entry points from the south, east, and west sides of the property. High-quality tillable farms in this area rarely become available, making this an exceptional chance to own a proven income-producing tract in a strong agricultural region. Whether you are a local farmer looking to expand your operation or an investor seeking a stable long-term asset, this Marshall County farm is one worth serious consideration.
  • Listed by: Brad Belser 309.231.1449 brad@ilfarmandrecland.com • Jim Maloof Realty, Inc.
Listing closed: 09/15/2026 12:00 AM • Source: RMLS ALLIANCE, MLS#: PA1266876

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Location

Listing Courtesy of Jim Maloof Realty, Inc.

Sold By Jim Maloof Realty, Inc.

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$8,645 per month

30 year fixed, 6.71% Interest

Principal and Interest

$8,408

Property Taxes

$237

HOA Dues

$0

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Property Information for 0 Tax School Road

Property Details
  • Taxes: $2,848 / year
  • MLS Type: Land / Farm
  • Subdivision Name: None
Building Information
  • Lot Size: 113.00 AC
Summary
Location and General Information
  • City: Lacon
  • County Or Parish: Marshall
  • Directions: ROUTE 17 EAST OF LACON TO TAX SCHOOL ROAD
  • Latitude: 41.02585901
  • Longitude: -89.388
  • MLSArea Minor: PAAR Area
  • Postal Code: 61540
  • State Or Province: IL
  • Township: 30N
  • Zoning: Agricultural
Taxes and HOA Information
  • Additional Parcels Description: 05-14-300-001
  • Parcel Number: PORTION OF 05-14-100-001
  • Mandatory Assoc Annual Fee: No
  • Mandatory Assoc Monthly Fee: No
  • Tax Annual Amount: $2,848
  • Tax Legal Description: 14-30N-2W
  • Tax Year: 2025
School Information
  • High School: Lacon
Property
Lot Information
  • Lot Features: Level, Agricultural
  • Lot Size Acres: 113.0
  • Lot Size Dimensions: 113 ACRES
  • 100 Year Plain: No
  • Principal Meridian: 0
  • Section: 14
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: Aerial Photos,None Available
Utilities
  • Water Source: No Sewer, No Water
  • Utilities: None
Interior and Exterior Features
Interior Features
  • Operating Recording Device: None
Mobile Home
Mobile/Manufactured Home
  • Range: 2W

Property History for 0 Tax School Road

DateEvent & SourcePriceAppreciation
Sep 15, 2026

Sold

RMLS ALLIANCE #PA1266876

$1,627,000—
Jun 3, 2026

Pending

RMLS ALLIANCE #PA1266876

—
May 28, 2026

Listed (Active)

RMLS ALLIANCE #PA1266876

$1,605,000—
DateEvent & SourcePrice
09/15/2026

Sold

RMLS ALLIANCE #PA1266876

$1,627,000
06/03/2026

Pending

RMLS ALLIANCE #PA1266876

—
05/28/2026

Listed (Active)

RMLS ALLIANCE #PA1266876

$1,605,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 0 Tax School Road

This home is within Midland Community Unit School District 7.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Midland Elementary School
PublicPK to 4

Midland Middle School
Public5 to 8

Midland High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 0 Tax School Road, Lacon, IL 61540
$1,627,000
–
–
–
4,922,280
$120,000
3
1,844
29,403
$35,000
–
–
–
17,424
$225,000
–
–
–
906,919
$57,000
–
–
–
194,713
$149,800
–
–
–
186,436

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jim Maloof Realty, Inc.

Based on information submitted to the MLS GRID as of 09/16/2026 01:20 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.