21924 E 425th Ave
Flat Rock, IL 62427
(on 501.50 acres)
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Description
Flat Rock 501 - 500A± Acres | Crawford County, Illinois
Flat Rock 501 is a premier 500A± acre income-producing and recreational farm located in Crawford County along the Wabash River. This property offers a strong blend of consistent income, mature timber, and exceptional whitetail habitat in a highly sought-after area.
The farm includes 129.14 acres of productive tillable ground, multiple CRP contracts, and 227.39 acres of mature timber that has not been harvested in over 25 years-creating both immediate return and long-term upside. The diverse layout of timber, CRP, and agriculture provides ideal conditions for wildlife, making this a proven hunting property in a region known for producing quality whitetails.
Income BreakdownCRP Income: $26,778.92 annually
Tillable Income: $19,371 annually
Water Well Lease: $5,000 annually
Total Annual Income: $51,149.92Investment Opportunity
Flat Rock 501 offers a rare combination of immediate income, long-term appreciation, and recreational value-making it a well-balanced investment-grade property.
List Price: $2,650,000 ($5,300 per acre)
Annual Income: $51,149.92 ( almost equal to $102 per acre)
10-Year Investment OutlookProjected 10-Year Income: $296,385.94
Adjusted Cost Basis After 10 Years: $2,353,614
True Cost Per Acre After 10 Years: ~$4,700 per acreWhy This Investment Stands OutImmediate, diversified income from CRP, tillable rent, and lease revenue
Strong income floor even after current CRP contracts expire
Nearly $300,000 in projected income over 10 years
Proven appreciation potential in the Wabash River corridor
High-quality recreational value with premier whitetail habitat
Additional Upside PotentialTimber harvest opportunity from mature stands (not currently factored)
Potential for increased cash rent over time
Hunting lease or outfitter income
Potential CRP re-enrollment or transition into WRP/WRE programs, adding future income and conservation value
Wildlife & Area
Located in Crawford County, this area consistently produces strong deer numbers year after year:
Annual harvest averages: 1,900-2,000 deer
Peak years exceeding 2,500 deer
The Wabash River corridor is well known for its trophy whitetail potential
The combination of river frontage, timber, and managed habitat creates a natural funnel for wildlife and outstanding hunting opportunities.
For More Information
Contact Land SpecialistKevin
Flat Rock 501 is a premier 500A± acre income-producing and recreational farm located in Crawford County along the Wabash River. This property offers a strong blend of consistent income, mature timber, and exceptional whitetail habitat in a highly sought-after area.
The farm includes 129.14 acres of productive tillable ground, multiple CRP contracts, and 227.39 acres of mature timber that has not been harvested in over 25 years-creating both immediate return and long-term upside. The diverse layout of timber, CRP, and agriculture provides ideal conditions for wildlife, making this a proven hunting property in a region known for producing quality whitetails.
Income BreakdownCRP Income: $26,778.92 annually
Tillable Income: $19,371 annually
Water Well Lease: $5,000 annually
Total Annual Income: $51,149.92Investment Opportunity
Flat Rock 501 offers a rare combination of immediate income, long-term appreciation, and recreational value-making it a well-balanced investment-grade property.
List Price: $2,650,000 ($5,300 per acre)
Annual Income: $51,149.92 ( almost equal to $102 per acre)
10-Year Investment OutlookProjected 10-Year Income: $296,385.94
Adjusted Cost Basis After 10 Years: $2,353,614
True Cost Per Acre After 10 Years: ~$4,700 per acreWhy This Investment Stands OutImmediate, diversified income from CRP, tillable rent, and lease revenue
Strong income floor even after current CRP contracts expire
Nearly $300,000 in projected income over 10 years
Proven appreciation potential in the Wabash River corridor
High-quality recreational value with premier whitetail habitat
Additional Upside PotentialTimber harvest opportunity from mature stands (not currently factored)
Potential for increased cash rent over time
Hunting lease or outfitter income
Potential CRP re-enrollment or transition into WRP/WRE programs, adding future income and conservation value
Wildlife & Area
Located in Crawford County, this area consistently produces strong deer numbers year after year:
Annual harvest averages: 1,900-2,000 deer
Peak years exceeding 2,500 deer
The Wabash River corridor is well known for its trophy whitetail potential
The combination of river frontage, timber, and managed habitat creates a natural funnel for wildlife and outstanding hunting opportunities.
For More Information
Contact Land SpecialistKevin
Contact this Building
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
56 days ago
Home Details for 21924 E 425th Ave
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Days on Market: 56 days on Trulia |
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Property Type / Style Property Type: Lot Land |
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Listing Agent MLS/Source ID: 102478 |
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Lot Area: 0.01 Acres |
Last check for updates: about 7 hours ago
Listing courtesy of Kevin Boyer
Mossy Oak Properties Indiana Land and Lifestyle, (765) 505-4155
Source: REALSTACK, MLS#102478
Market trends in Palestine
Last updated April 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
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Price History for 21924 E 425th Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/10/2026 | $2,650,000 | Listed For Sale | REALSTACK #102478 |
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Comparable Sales for 21924 E 425th Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
3.53 | Lot/Land | $1,008,864 | 09/23/25 | - | - | ||
3.80 | Lot/Land | $503,000 | 11/26/25 | - | - | ||
6.43 | Lot/Land | $130,000 | 12/15/25 | - | - | ||
6.92 | Lot/Land | $110,000 | 08/29/25 | - | - |
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Assigned Schools
These are the assigned schools for 21924 E 425th Ave.
- Palestine Grade School
- PK-8
- Public
- 266 Students
6/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Palestine High School
- 9-12
- Public
- 80 Students
4/10GreatSchools RatingParent Rating AverageNo reviews available for this school. 
Check out schools near 21924 E 425th Ave.
What Locals Say about Palestine
At least 1 Trulia users voted on each feature.
100 % Say it's quiet
100 % Say parking is easy
100 % Say there are sidewalks
80 % Say yards are well-kept
75 % Say there's holiday spirit
67 % Say it's walkable to restaurants
67 % Say people would walk alone at night
56 % Say neighbors are friendly
50 % Say kids play outside
50 % Say it's walkable to grocery stores
50 % Say car is needed
50 % Say streets are well-lit
33 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
21924 E 425th Ave, Flat Rock, IL 62427 is a lot/land. This property is currently available for sale and was listed by REALSTACK on Apr 10, 2026. The MLS # for this home is MLS# 102478.