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651 Spunky Ridge Rd, Meredosia, IL, 62665

2beds
1baths
1,100sqft
$2,825,875
$2,569price/sqft
$22,690/moest. monthly cost
$907,600/yrincome needed

About This Home

This 240.5A± acre property is located in northwestern Morgan County and offers a combination of productive farmland, pasture, timber, hay land, and improvements. FSA shows 189A± cropland acres, but the current owners have approximately 137 acres in row crop production, 78A± acres in hay and pasture, and 18A± acres of timber. Recent soil tests are available upon request. The pasture and much of the crop ground are fenced and managed to support an estimated 40 to 50 cow/calf pairs. In addition to grazing, the pasture and hay land acreage produces approximately 100 round bales of hay annually. The fencing and established forage provide infrastructure for ongoing livestock operations. There is also an open front shed with a concrete floor for finishing cattle and a dry lot for calving or additional finishers. The farm includes approximately 15,000 bushels of grain storage capacity, offering on-site storage for harvested crops. Several pole barns provide more than 14,000 square feet of covered storage, suitable for equipment, machinery, and agricultural supplies. These structures support a variety of farming and operational needs. A rental house on the property provides an additional income source. There are multiple build sites on this land if someone wanted to build a new country home. City water and electric service are available on site, supporting both residential and agricultural uses. The 18A± acres of timber and two creeks add habitat diversity and recreational opportunities. The timber flows through the creek bottom on both the north and south parts of the farm, and a constant flow of deer can be seen in the mornings and evenings coming to the surrounding ag fields. This Morgan County property lies in an area where not much land ever comes to market. In addition, this property offers a blend of row crop production, livestock potential, storage infrastructure, rental income, and recreational ground in one contiguous tract. Call Joe Cebuhar today for a private tour!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1

Interior Area

  • Total structure area: 1,100
  • Total interior livable area: 1,100 sqft

Property

Details

  • Parcel number: 0229200001

Features

  • Fencing: Fenced

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Strong Wind
    Strong WindVery High
  • Drought
    DroughtRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Drought
Heat Wave
Inland Flooding
Earthquake
Hail
Ice Storm
Lightning
Tornado

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $14,289$171,468
Home Insurance *$4,268$51,216
Property Taxes $4,003$48,036
Electricity $130$1,569
Total$22,690$272,280
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$777,942/yr
40% on housing$680,700/yr
45% on housing$605,066/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -7.6%
-7.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,569This listing

vs Other Active Listings

Avg $/sqft

ZIP 62665$169
Morgan County$86

vs Homes Sold Last Month

Median $/sqft

ZIP 62665$56
Morgan County$97

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-06Listed for sale$2,825,875

For Sale by Agent

AgentJoe Cebuhar
BrokerageWhitetail Properties

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