The subject farm is located approximately 62 miles northwest of Chicago O'Hare International Airport and is within the city of Rockford.
There is approximately 1/4 mile of road frontage on U.S. Route 20 and approximately 1 mile of Rock River frontage.
U.S. Route 20 is the northern property border, Illinois Route 2 is 1/8 mile west, Illinois Route 251 is 1 1/4 miles east, and Interstate 39/U.S. Route 51 is 4 miles southeast of the property.
A brief legal description indicates The Colberg Farm is located in Part of the East Half of Section 10 and Part of the Northeast Quarter of Section 15, all in Township 43 North – Range 1 East (Rockford Township), Winnebago County, Illinois.
There are a total of 143.462 acres according to a recent survey.
There are approximately 126 tillable acres, estimated. The Weighted Average Corn Yield Index is 175.3 bu/ac and the Productivity Index is 129.3.
Major soil types found on this farm include Plano silt loam and Jasper silt loam.
The topography of the subject farm is level.
location climate growing season
Winnebago County has a continental climate typical of northern 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 inches with over two thirds of this coming during the growing season. Snowfall averages about 36 inches 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.
All mineral rights owned by the seller will be transferred in their entirety to the new owner.
Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
Professional farm management services are available to absentee owners and recommendations can be provided upon request.
The asking price is $14,500 per acre. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase.
Mortgage financing is available from several sources. Names and addresses can be provided upon request.
The 2018 real estate taxes are to be determined pending a parcel split. The tax parcel numbers are: Part of #15-10-251-001, Part of #15-10-401-009, and all of #15-10-476-002 & #15-15-226-001.
There are a number of grain markets located within 10 miles of The Colberg Farm.
The farm is zoned I-1 (Light Industrial) and C-3 (General Commercial).
Area incentives include: Global Trade Park 2 TIF District, Rockford Enterprise Zone and Foreign Trade Zone. Highly desirable for import/export, distribution, logistics, airport services, consumer services, car rental locations and other related services.