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3231 Meadow Gate Road
SOLD

Chase Burns Of LandGuys Closes $1.93M Sale Of 201-Acre Ranch In Sherrard

3231 Meadow Gate Road

Land
1,519 SF
clock iconSold 65 days ago
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Summary

Sale
ILLINOIS
Land
1,519 sqft

The 201-acre ranch in Sherrard, IL, was recently sold for $1,929,600. The property features well-maintained farmland with over 85 percent tillable acreage, primarily consisting of row crop production and expired CRP waterways. Located in Richland Grove Township of Mercer County, this ranch boasts quality soil types and careful land management, making it an attractive investment opportunity for serious land investors and agricultural operators alike.

Summary of transaction details:

  • Property Type: Ranch
  • Transaction Amount: $1,929,600
  • Address: 3231 Meadow Gate Road
  • Market: Sherrard
  • Square Footage: 1,519
  • Price per Square Foot: $1,270

LandGuys, led by Chase Burns, facilitated the sale of this ranch. The property not only offers a substantial amount of tillable acreage for agricultural purposes but also provides a valuable investment opportunity due to its quality soil types and meticulous land management. This sale was a significant deal for both the buyer and the seller, highlighting the expertise of Chase Burns in representing his clients in property transactions.

Players

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    2

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    1

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    1

Chase Burns's profile picture
Chase Burns
Landguys-image
Managing Broker
$3.1M Sold

Details

Deal Summary
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SOLD
IMAGE: Chase Burns DATE: 04/15/2024 ADDRESS: 3231 Meadow Gate Road MARKET: Sherrard ASSET TYPE: Ranch ~ ACRES: 201 BROKER: Chase Burns (@ChaseBurnslandsales) - LandGuys (@LandGuys) SALE PRICE: $1,929,600 SF: 1,519 ~ PPSF: $1,270 NOTE: LandGuys, led by Chase Burns, facilitated the sale of a 201-acre ranch in Sherrard, IL, featuring well-maintained farmland with over 85 percent tillable acreage, primarily consisting of row crop production and expired CRP waterways. The property, located in Richland Grove Township of Mercer County, boasts quality soil types and careful land management, presenting an attractive investment opportunity for serious land investors and agricultural operators alike.

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Address3231 Meadow Gate Road

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