This is a unique opportunity to own a small acreage property with tons of potential for future income. There are 6 livable structures on the property, of which 5 are currently being rented out monthly and generating approximately $18,000 in annual income. Tenant turnover rate has been historically low which provides a secure and solid ROI.
The property is located across the highway from Rice Lake State Fish and Wildlife area, which offers public access for fishing, boating, and hunting. The overall location of the property gives an investor a unique opportunity to generate income using AirBNB or VRBO and highlighting the access to the public SFWA as the attractant. There is a small, stocked pond on the property, and the wooded acreage offers potential deer hunting opportunities.
Address: 20044 N US 24 Canton, IL 61520
Bullet Points
* 6 livable structures on the property.
* Currentl...
* Currently 5 are rented out for a total of $18,000 in annual income.
* Located right next to Rice Lake State Fish and Wildlife Area.
* Potential for AirBNB or VRBO income with the property.
* Small pond for fishing, and wooded acreage for hunting.
Matt Cox | Land Broker & Realtor
LandGuys, LLC of Illinois
Cell: 309-221-1764
Office: 217-899-1240
Don Wagner | Land Broker & Realtor
LandGuys, LLC of Illinois
Cell: 309-335-2894
Office: 217-899-1240