202 Proctor Lane

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202 Proctor Lane

St. Joseph, IL 61873
Asking Price
$80K
Asset Type
Farm Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The 2.6-acre parcel is positioned in St. Joseph, Illinois.
  • This farm sub-type property is listed for sale at $79,900.
  • The site is located within a established regional agricultural area.
  • The land is suited for diverse farming or investment purposes.
  • Access is provided via coordinates 40.1079 and -88.0460.

What's Special

This land parcel is available for sale, providing a practical acquisition for an investor or agricultural enthusiast seeking rural acreage. Spanning 2.6 acres in St. Joseph, Illinois, this site sits within a region characterized by its expansive agricultural landscape and proximity to Champaign-Urbana. The area benefits from a steady regional economy supported by the surrounding agricultural industry and local educational institutions. Given the classification as a farm sub-type, the property serves as a versatile option for various agricultural operations, small-scale farming projects, or long-term land holding strategies. The location allows for straightforward access to regional routes, making it a functional choice for those operating within the heart of the Midwest. Interested parties can evaluate the potential for site-specific agricultural improvements or use cases consistent with local land regulations in this established farming community.

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NOI
$80,000
Cap Rate
100.13%
DSCR
16.86
Strong
Cash-on-Cash
313.96%
Monthly Payment
$395.302
Annual Cash Flow
$75,256.381

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