Property Details
location
The subject farm is located approximately 42 miles west of Chicago O'Hare International Airport and is contiguous to the city of DeKalb. Nearby cities include: Sycamore (1 mile east), Rochelle (14 miles west), and Elburn (14 miles southeast).
frontage
There is approximately 7/16 mile of road frontage on N 1st Street.
major highways
Illinois Route 23 is 1 mile east, Illinois Route 38 is 1 5/8 miles south, Illinois Route 64 is 2 3/4 miles north, and Interstate 88 is 3 1/2 miles south of the property.
legal description
A brief legal description indicates the DeKalb Farm is located in Part of Section 11, Township 40 North – Range 4 East (DeKalb Township), DeKalb County, Illinois.
total acres
There are a total of 159.155 acres according to a recent survey. Survey available upon request.
tillable acres
There are approximately 153.74 cropland acres according to the DeKalb County FSA, of which 151.69 acres are currently leased.
soil types
Major soil types found on this farm include: Flanagan silt loam, Elpaso silty clay loam, Danabrook silt loam, and Parr silt 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 $19,250 per acre. 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 2023 real estate taxes totaled $8,293.88. The tax parcel numbers are: #08-11-100-038, #08-11-100-037, #08-11-451-027, #08-11-375-013, #08-11-375-014, and #08-11-301-007.
grain markets
There are a number of grain markets located within 15 miles of The DeKalb Farm.
zoning
The property is zoned A-1, Agricultural District.
improvements
The property includes two pole buildings and a grain bin. All improvements are being sold as-is.
comments
High quality farmland with future development potential.