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0 Tower Road Gillespie, IL 62033 Land - Farm Active

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Description

Position your investment in the path of future potential with this 5.17-acre vacant farmland opportunity in Gillespie, IL. Located within city limits and actively farmed for corn and soybeans, this Macoupin County acreage offers productive ground, dual-road access, and flexibility for agricultural use, long-term investment, or future development. This property features flat topography and direct access from both Broadway Street and Tower Road. Currently income-producing during the growing season, the land remains completely unimproved, with no structures, well, or septic system. Power is available at the street. Surrounded by established development and adjoining the local school district, the parcel benefits from a strategic in-town location that is increasingly difficult to find with active farmland. Situated in Macoupin County, the property is conveniently located near downtown Gillespie, local businesses, schools, and community amenities. It also provides access to nearby recreational destinations, including Gillespie Lake, Lake Lou Yaeger, and Beaver Dam State Park, while remaining within commuting distance of the greater St. Louis metro area. Whether youre seeking productive farmland, a long-term land hold, or a future development opportunity, this property has excellent potential.

Property Highlights

Property Type: Land - Farm
Total Acres: 5.17 Acres
Utilities: None
Zoning: Agricultural

General Information

County: Macoupin
High School: Gillespie District #7
Subdivision: None
Listed By:
Whitetail Properties Real Esta Pref: 309-333-5133
RMLSA
$54,900
Est. $443/mo
Active
LOT SIZE 5.170 acres MLS#CA1044277
STATUSActive PROPERTY TYPELand - Farm SUBDIVISIONNone SCHOOLGillespie District #7

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0 Tower Road, Gillespie, IL 62033.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $54,900$54,900$54,900
Down Payment $10,980$1,922$13,725
Monthly Mortgage Amount $267$328$339
Taxes $76$76$76
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$24$0
Monthly Estimated Total $443$528$515

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