Welcome to your opportunity to own 17.73 acres of prime agricultural land in the heart of Hoopeston, IL. Situated less than a mile from the Hoopeston hospital, this property offers convenience and potential for the discerning buyer. Key Features: 9 acres of tillable ground with a Productivity Index (PI) rating of 136, ideal for row crop farming. Picturesque creek running through the property, providing natural beauty and potential irrigation. Gutted structure with a brand new roof, offering possibilities for renovation or redevelopment with an existing well. Expansive land with endless potential for agricultural pursuits, recreational activities, or future expansion. Don't miss this rare opportunity to own a piece of Hoopeston's agricultural heritage. Whether you're an experienced farmer looking to expand your operations or a visionary investor seeking a unique property, this land offers endless possibilities. Schedule a visit today!
Property Details
Property Features
Listing Office:
Office Name: MOSSY OAK PROPERTIES Illinois Land and Lifestyle
Office Phone: (812) 230-4503
Lot Features
Lot Information:
Lot Size: 17.73 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $129,000
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: CentralIL
MLS Number: #6243596
Listing Office:
Office Name: MOSSY OAK PROPERTIES Illinois Land and Lifestyle
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$711
Per Month
Principal & Interest
$644
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$453
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
John Greer Elementary School
609 W Main St
Distance between this listing and this school1.21 miles
Public District Grades 3-5
5
/10
Bismarck-Henning Elementary School
PO Box 50
Distance between this listing and this school13.87 miles
Public District Grades PK-4
5
/10
Cissna Park Elementary School
511 N 2nd St
Distance between this listing and this school14.42 miles
Public District Grades KG-5
Nearby Schools
2
/10
Hoopeston Area Middle School
615 E Orange St
Distance between this listing and this school0.37 miles
Public District Grades 6-8
4
/10
Rossville - Alvin Elementary School
350 N Chicago St
Distance between this listing and this school5.60 miles
Public District Grades PK-8
5
/10
Milford Grade School
100 S Chicago St
Distance between this listing and this school11.60 miles
Public District Grades PK-8
Nearby Schools
3
/10
Hoopeston Area High School
615 E Orange St
Distance between this listing and this school0.37 miles
Public District Grades 9-12
7
/10
Milford High School
200 S Chicago St
Distance between this listing and this school11.56 miles
Public District Grades 9-12
6
/10
Bismarck Henning Rossville Alvin Cooperative High School
PO Box 200
Distance between this listing and this school13.90 miles
The neighbors living near this home have an average income of $58,372. The most common annual income of people living in Vermilion County, IL is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1550 E Rd
What is the listing price of this property?
The listing price of 1550 E Rd property is $129,000.
What type of property is this?
The property 1550 E Rd is land located in Hoopeston, Illinois, 60942.
Is this property for sale now?
Active Listing: 1550 E Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1550 E Rd in Hoopeston, IL and zip code 60942. This home sits on a 17.73 acre lot. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $129,000.
While more than 15 listings in Vermilion County, IL in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 34 were sold below. Between October 2024 and November 2024, Vermilion County, IL real estate market has seen decrease in the number of listings by 5.4%. The median list price of listings available in November 2024 was $103,600, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.
NASCAR
NASCAR
Motocross
PGA/LPGA
Dollar General
GameStop
Stein Mart
Cracker Barrel
Sonic
Bob Evans
Ram
Jeep
Lincoln
Classic Country
News/Talk/Information