DESCRIPTION
The property has potential gross income of approximately $87,000 annually and thus can be financially self-sustaining.
The breakdown is as follows:
Apartment: $12,000 (rent at $1,000/month)
Boarding: $30,000 (10 horses at $250/month)
Pole Barn: $27,000 ($3/SF)
Hay Harvesting: $18,000
The offering includes a 5,000 SF luxury custom-built home; horse stable for 10 horses with 2nd floor care-taker apartment; 15
acres of fenced riding arena & pasture land with 4 lock-off areas and 3 horse shelters; and an 8,650 SF warehouse/pole barn.
The property has a pond and creek, uses propane gas and has 3 water wells with 3 pumps. Hay is currently being harvested and
traded.
PROPERTY FEATURES
- The Property is known as "Coyote Creek".
- It is a bank owned equestrial estate maintained in excellent condition.
LOCATION FEATURES
- Located just west of IL-Route 47 and Burlington Road.
- Situated approximately 20 minutes from both I-90 to the north and I-88 to the South.
- 54 miles northwest of Chicago's Central Business District.
Sq Footage 17,150
Floors 2
Parking Car garage
Lot Size 41 acres
The property has potential gross income of approximately $87,000 annually and thus can be financially self-sustaining.
The breakdown is as follows:
Apartment: $12,000 (rent at $1,000/month)
Boarding: $30,000 (10 horses at $250/month)
Pole Barn: $27,000 ($3/SF)
Hay Harvesting: $18,000
The offering includes a 5,000 SF luxury custom-built home; horse stable for 10 horses with 2nd floor care-taker apartment; 15
acres of fenced riding arena & pasture land with 4 lock-off areas and 3 horse shelters; and an 8,650 SF warehouse/pole barn.
The property has a pond and creek, uses propane gas and has 3 water wells with 3 pumps. Hay is currently being harvested and
traded.
PROPERTY FEATURES
- The Property is known as "Coyote Creek".
- It is a bank owned equestrial estate maintained in excellent condition.
LOCATION FEATURES
- Located just west of IL-Route 47 and Burlington Road.
- Situated approximately 20 minutes from both I-90 to the north and I-88 to the South.
- 54 miles northwest of Chicago's Central Business District.
Sq Footage 17,150
Floors 2
Parking Car garage
Lot Size 41 acres
FOR SALE:
41 ACRE BANK OWNED COYOTE CREEK PROPERTY IN HAMPSHIRE
41 ACRE BANK OWNED COYOTE CREEK PROPERTY IN HAMPSHIRE
45W300 Middleton Rd, Hampshire, IL
THE LORD COMPANIES, L.L.C.
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| Heide Schulz Office: 312-944-6270 heide@lordcompanies.com |