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000 Stringtown Road Stanford, IL 61774 Land - Farm Active

  • 000 Stringtown Road, Stanford, IL 61774 Main Photo

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Description

Looking for an Agricultural zoned building lot in McLean County? Extremely unique opportunity for a chance to build a new home. There is an uninhabitable modular home currently on the property which would need to be removed but offers a very nice building site on a rise on excellent road only a few miles from Olympia Junior and Senior High Schools. The middle fork of Sugar Creek cuts through the property offering wildlife habitat and tremendous view. The tillable ground is estimated at approximately 30 acres and is primarily bottom ground with Productivity indexes ranging in the 139-140 range which is top notch class A soils. This would be prime property for the Homesteader Life many seek with opportunities for raising some crops and livestock or possibly developing an Agritourism business of some type. As an added bonus there is an existing drilled well and existing septic system both done in 1998 on property that are being included as-is but could be adaptable to a new home on the property. Pole type building on the property looks salvageable with some repairs and new siding maybe required. Property is part of a larger tract that is being separated off and will be surveyed to show approximately 40.25 acres. This is an extremely hard type of property to find this close to Bloomington-Normal and would make for an excellent private Estate or getaway retreat.

Property Highlights

Property Type: Land - Farm
Total Acres: 40.25 Acres
Utilities: Electricity Available
Zoning: Agricultural

General Information

County: Mc Lean
High School: Olympia
Subdivision: None
Listed By:
Henderson-Weir Agency Inc Cell: 309-264-3192
RMLSA
$605,000
Est. $3,842/mo
Active
LOT SIZE 40.250 acres MLS#PA1264367
STATUSActive PROPERTY TYPELand - Farm SUBDIVISIONNone SCHOOLOlympia

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000 Stringtown Road, Stanford, IL 61774.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $605,000$605,000$605,000
Down Payment $121,000$21,175$151,250
Monthly Mortgage Amount $2,824$3,467$3,618
Taxes $842$842$842
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$266$0
Monthly Estimated Total $3,842$4,751$4,636

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