Property Details
location
The subject farm is located approximately 90 miles northwest of Chicago O'Hare International Airport and is contiguous to the City of Freeport. Nearby towns include: Cedarville (3 3/4 miles north), Baileyville (8 miles southeast), and Lena (10 miles northwest).
major highways
U.S. Route 20 is 1/4 mile north, Illinois Route 26 is 5/16 mile east, Illinois Highway 73 is 8 1/2 miles west, and Illinois Route 72 is 11 1/4 miles south of the property.
legal description
A brief legal description indicates the Colberg Farm is located in Part of Sections 23, 24, 25, and 26 in Township 27 North - Range 7 East (Harlem Township), in Stephenson County, Illinois.
total acres
There are a total of 375.26 acres, more or less, according to the Stephenson County Assessor's Office.
tillable acres
There are approximately 345.4 tillable acres. The tillable acreage is currently enrolled in the CRP program, receiving an annual payment of $292.99 per acre, or $101,199 total.
soil types
Major soil types found on this farm include Sawmill silty clay loam, Plano silt loam, and Huntsville silt loam.
FSA Data
Buyer accepts title subject to the responsibilities and benefits of one CRP contract for 345.4 acres, having a total annual payment of $101,199.00 through 9/30/25.
topography
The topography of the subject farm is level.
location climate growing season
Stephenson County has a continental climate typical of north-central Illinois. The average length of the growing season is nearly 160 days. On average, we expect about 2,750 growing degree days from April 15 through September 30. Annual precipitation averages about 35" with over 2/3 of this coming during the growing season. Snowfall averages about 36" per year. Prevailing winds are from the west and southwest. The climate, combined with the generally excellent soils in this area, provides a nearly ideal environment for the production of corn, wheat, and soybeans.
mineral rights
All mineral rights owned by the seller will be transferred in their entirety to the new owner.
possession
Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
price terms
The asking price is $6,400 per acre. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase.
financing
Mortgage financing is available from several sources. Names and addresses will be provided upon request.
taxes
The 2011 Real Estate Taxes totaled $4,257.40. The tax parcel numbers are #08-13-23-400-006 and #08-13-25-100-006.
grain markets
There are a number of grain markets located within 15 miles of the Colberg Farm.
zoning
The farm is zoned F1 Flood Plain District.
comments
The Colberg Farm offers numerous hunting and recreational opportunities in addition to an excellent CRP payment. SELLER WILL CONSIDER OFFERS ON LESS THAN THE ENTIRE ACREAGE.