The Cortland Farm

Price: $12,800 per acre
County: DeKalb

Contact Details
Josh Waddell & Mark T. Mommsen
Mobile: 815-751-0439 & 815-901-4269
Phone: 815-756-3606

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Property Details

The subject farm is located approximately 40 miles west of Chicago O’Hare International Airport, within the town of Cortland, and is contiguous to the city of DeKalb. Nearby cities include: Sycamore (1 3/8 miles north), Maple Park (4 5/8 miles southeast), and Elburn (11 1/2 miles southeast).
There is approximately 3/8 mile of road frontage on N Loves Road.
major highways
Illinois Route 38 is 1 1/2 miles south, Illinois Route 23 is 1 1/2 miles northwest, Interstate 88 is 2 5/8 miles south, and Illinois Route 64 is 3 miles north of the property.
legal description
A brief legal description indicates The Cortland Farm is located in Part of the West Half of Section 17, Township 40 North – Range 5 East (Cortland Township), DeKalb County, Illinois.
total acres
There are a total of 56.64 acres according to a recent survey.
tillable acres
There are approximately 50.35 tillable acres, estimated.
soil types
Major soil types found on this farm include Danabrook silt loam and Elpaso silty clay loam.
The topography of the subject farm is level to nearly level.
mineral rights
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.
price terms
The asking price is $12,800 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 will be provided upon request.
The 2021 real estate taxes totaled $2,811.64. The tax parcel number is #09-17-300-009.
grain markets
There are a number of grain markets located within 10 miles of The Cortland Farm.
The Cortland Farm is zoned P-1 (Recreation & Open Space), R-2 (High Density Single-Family Residence, and R-4 (Multiple-Family Residence).

Soils Information

Soil # Soil Name Acres +/- Productivity Index* Weighted Average Corn Yield Index* Gross Bushels
512BDanabrook silt loam32.581371856,027
356AElpaso silty clay loam12.761441952,488
171BCatlin silt loam4.05137185749
221B2Parr silt loam0.96113151145
Total Acres : 56.64 acres, more or less
Tillable Acres : 50.35 acres, or 88.89% per FSA figures
Productivity Index : 138.32
Weighted Average Corn Yield Index : 186.89 bushels per acre, based on tillable acres
Comparable Yield Index : 166.13 bushels per acre, based on total acres

Disclaimer: Although the information contained in this brochure is considered to be accurate, no representation or warranty to that effect is being made. The information contained herein is subject to verification, and no liability for errors or omissions is assumed. The listing may be withdrawn with or without notice, and the stated price and terms are subject to change without notice or approval. The Seller further reserves the right to reject any and all offers. All inquiries, inspection appointments, and offers must be channeled through the Seller’s Designated Agent.

*Figures taken from the University of Illinois Bulletin 811, Optimum Crop Productivity Ratings for Illinois Soils.

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