Property Details
location
The subject farm is located approximately 45 miles southeast of Chicago O'Hare International Airport. Nearby cities include: Beecher (2 1/4 miles southwest), Cedar Lake ( 3 1/2 miles east), and Crete (4 1/2 miles northwest).
frontage
There is approximately 3/8 mile of road frontage on S Yates Avenue.
major highways
Illinois Route 1 is 3 1/2 miles west, U.S. Route 41 is 3 5/8 miles east, and U.S. Route 30 is 8 5/8 miles north of the property.
legal description
A brief legal description indicates The Eagle Lake Farm is located in Part of the North Half of Section 7, Township 33 North - Range 15 East (Washington Township), Will County, Illinois.
total acres
There are a total of 218.631 acres according to a survey.
tillable acres
There are approximately 205.91 tillable acres according to the Will County FSA.
soil types
Major soil types on this farm include Houghton muck and Ashkum silty clay loam.
topography
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
Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
price terms
The asking price is $9,350 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 2021 real estate taxes totaled $8,116.32 The tax parcel numbers are: #22-23-07-100-023-0000 & #22-23-07-200-001-0000.
grain markets
There are a number of grain markets located within 15 miles of The Eagle Lake Farm.
zoning
The property is zoned A-1, Agricultural.