12490 Highway 73

Lanark, IL 61046

$1,600,000
Price
3,348,457 / 76.87
Lot Size / Acres

Description

This property is being offered "AS IS". While currently used as a cattle raising facility with all the amenities, the property has potential for many different uses. The buildings could be converted for several different business opportunities. The house is used as an office currently but could easily be converted into a single family residence. The 8 acre pond serves to collect rainfall runoff from the cattle feeding operation. There is a lot of square footage of concrete floors under roofs. This...This property is being offered "AS IS". While currently used as a cattle raising facility with all the amenities, the property has potential for many different uses. The buildings could be converted for several different business opportunities. The house is used as an office currently but could easily be converted into a single family residence. The 8 acre pond serves to collect rainfall runoff from the cattle feeding operation. There is a lot of square footage of concrete floors under roofs. This is a very well maintained property in good condition. The 33.35 acres of tillable land is good producing land for potential income. The income sheet for the current owners is available upon request. If this is something that interests you, call and we'll schedule your showing. One of the owners is willing to stay on as an active partner with agreeable terms to partnership. Ask for more information.
  1. Listed by Larry Brackemyer • Kophamer & Blean Realty

Property Details for 12490 Highway 73

Area
Lanark
Township
Cherry Grove
Ownership
Fee Simple
Num Of Cars
0.0
Zoning
AGRIC

Location

Listing Courtesy of Kophamer & Blean Realty
Add your commute
LISTING UPDATED: 05/24/2023 12:07 AM

Property Details for 12490 Highway 73

StatusActive
MLS #11786586
Days on Market672
Taxes$18,529 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size76.87 AC
CountyCarroll County

Location

Listing Courtesy of Kophamer & Blean Realty
Add your commute

Building Information for 12490 Highway 73

Lot Size76.87 AC

Payment Calculator

$10,276 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$1,544

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12490 Highway 73

General Information
School Information
  • Elementary School District: 308
  • High School District: 308
  • Middle Or Junior School District: 308
Location and General Information
  • Frontage Length: 2600
  • Frontage Type: County Road
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Basement Description: Cellar
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site
Property/Lot Information
  • Lot Size: 25.0-99.99 Acres
  • Lot Dimensions: 76.87 ACRES
  • Buildings on Land: Yes
  • Other Structures: Barn(s), Complete Set of Bldgs, Garage(s)
  • Waterfront: No
  • General Information: None
Property and Assessments
  • Buyer Financing: Other
  • Public Document Count: 0
  • Photos Count: 11
Miscellaneous
  • Current Use: Agricultural
  • Farms Type: Cattle,Grain
  • Land Amenities: Pond/Lake
  • Land Description: Pond/Lake,Tillable
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 12490 Highway 73

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 12490 Highway 73

Taxable ValueLand$16,038Additions$274,658Total$290,696
Tax Record2022$18,529 ($1,544 / month)
Home Facts
Beds3Total Finished SqFt2,326 SqFtAbove Grade Finished SqFt2,326 SqFtStories1Lot Size3,348,457 SqFtStyleSingle Family ResidenceYear Built1975CountyCARROLLAPN01-05-32-300-001

Schools near 12490 Highway 73

This home is within Eastland Community Unit School District 308.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
Eastland Middle School
PublicPK to 5

Eastland High School
Public6 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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12490 Highway 73 is a 76.87 ac of land for sale in Lanark, IL 61046. This property was listed for sale on May 18, 2023 by Kophamer & Blean Realty, it's currently listed at $1,600,000. This listing's school district is Eastland Community Unit School District 308. Nearby schools include Eastland Middle School and Eastland High School. 12490 Highway 73 is a 0-bed, 0-bath, 76.87 ac of land on a 3,348,457 sq. ft. / 76.87 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kophamer & Blean Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.