Conservation (CRP) Farmland in Illinois

Conservation (CRP) farmland in Illinois for a 160 - 320 Acres parcel costs approximately $4,029 per acre, with a total investment of $966,960. The estimated annual ROI is 2.6% with cash rent of $161 per acre.

Illinois has 71,000 farms with an average size of 372 acres. Farmland prices average $9,400 per acre statewide, with 2.1% year-over-year appreciation. Cash receipts total $19.2B annually.

The estimated annual ROI is 2.6% for a 160 - 320 Acres parcel, generating $25,200 in annual income ($105 per acre). The 5-year appreciation estimate is 441.0%.