Vegetable Farm Farmland in Illinois

Vegetable Farm farmland in Illinois for a Over 1,000 Acres parcel costs approximately $13,300 per acre, with a total investment of $26,600,000. The estimated annual ROI is 2.5% with cash rent of $532 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 2.5% for a Over 1,000 Acres parcel, generating $664,000 in annual income ($332 per acre). The 5-year appreciation estimate is 1456.0%.