Property Details
location
The subject farm is located approximately 64 miles southwest of Chicago O'Hare International Airport and is partially located within the village of Compton. Nearby cities include: Paw Paw (5 miles east), Amboy (11 1/2 miles west), and Rochelle (13 3/4 miles north).
frontage
There is approximately 1/4 mile of road frontage on Illinois Route 251.
major highways
Illinois Route 251 is the east border of the property, Interstate 39/U.S. Route 51 is 2 1/4 miles east, U.S. Route 30 is 4 1/2 miles north, and U.S. Route 52 is 7 miles southwest of the property.
legal description
A brief legal description indicates The Compton Farm is located in Part of the Southeast Quarter of Section 10, Township 37 North - Range 1 East (Brooklyn Township), Lee County, Illinois.
total acres
There are a total of 84.3291 acres according to a survey.
tillable acres
There are approximately 81.75 tillable acres, estimated.
soil types
Major soil types found on this farm include Catlin silt loam and Saybrook silt loam.
topography
The topography of the subject farm is level to nearly level.
location climate growing season
Lee County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 173 days. On average we expect about 2,750 growing degree days from April 23 through October 15. Annual precipitation averages about 35" with over two thirds of this coming during the growing season. Snowfall averages about 35" per year. Prevailing winds are from the west-northwest.
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 $9,250 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.
comments
The seller is a licensed Illinois Real Estate Broker.