October 9, 2024
Tips for Selling Illinois Land in a Flood Zone
Illinois, known as the Prairie State, boasts a diverse landscape of fertile farmland, rolling hills, and expansive waterways. While this varied terrain contributes to the state's natural beauty and agricultural productivity, it also presents unique challenges for landowners, particularly those with property in flood-prone areas. According to the Illinois Department of Natural Resources, approximately 15% of the state's land area is within the 100-year floodplain, affecting over 250,000 structures and potentially impacting land values in these regions.
