Property Details
location
The subject farm is located approximately 60 miles southwest of Chicago O’Hare International Airport. Nearby towns include: Paw Paw (2 3/4 miles north), Earlville (3 7/8 miles southeast), and Mendota (5 miles southwest).
frontage
There is approximately 7/16 mile of road frontage on Cottage Hill Road.
major highways
Interstate 39/U.S. Route 51 is 3 3/8 miles west, U.S. Route 34 is 4 miles south, U.S. Route 30 is 8 1/4 miles north, and Illinois Route 23 is 9 3/8 miles southeast of the property.
legal description
A brief legal description indicates The Cottage Hill Road Farm is located in Part of the Northwest Quarter of Section 34, Township 37 North – Range 2 East (Wyoming Township), Lee County, Illinois.
total acres
There are a total of 113.43 acres, more or less, according to the Lee County Assessor’s Office.
tillable acres
There are approximately 107.86 tillable acres according to the Lee County FSA.
soil types
Major soil types found on this farm include Catlin silt loam and Elpaso silty clay loam.
topography
The topography of the subject farm is level to gently rolling.
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 $13,900 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 2020 real estate taxes totaled $5,327.92. The tax parcel numbers are #18-34-100-001 & #18-34-100-004.
grain markets
There are a number of grain markets located within 10 miles of The Cottage Hill Road Farm.
zoning
The property is zoned Agricultural.