North Fork Farm
Iroquois County, IL
The North Fork Farm is a Northeastern Illinois corn and soybean farm, located in Iroquois county and 90 miles south of the Chicago metro area. The farm consists of 97% tillable acreage with direct paved road frontage and has undergone major drainage tile work in the last 3 years. The North Fork Farm boasts a Productivity Index Rating of 131.6 (out of a range of 47 - 147) with historical crop yields that have exceeded county averages. The farm is currently rented through 2021 by a tenant operating multiple AcreTrader investments and is located a short drive from several other AcreTrader investments.
This investment also includes a “flex” lease arrangement that provides an annual cash rental amount (see the financials tab which includes only this cash portion) plus an additional payment should commodity prices or farm crop yields increase above a pre-set threshold. This structure provides stability to the farmer while also allowing investors to share in any upside potential in above-average crop years.
5-10 year target hold period given stable cash flows and potential for material long-term appreciation.
Flex lease could improve investor income each growing season should commodity prices go up and/or with strong crop yields on the farm.
The property will be managed by AcreTrader Management, LLC, an affiliate of AcreTrader, Inc.
Standard AcreTrader management fee of 0.75% applies annually.
Anticipated cash distributions occur on December 15 annually, beginning December 2020.