Property Details
location
The subject farm is located approximately 81 miles northwest of Chicago O'Hare International Airport. Nearby cities include: Durand (3 1/4 miles south, Rockford (14 3/8 miles southeast), and Beloit (14 1/2 miles east).
frontage
There is approximately 3/16 mile of road frontage on Laube Road and 3/8 mile on Eicks Road.
major highways
Illinois Route 70 is 3 1/2 miles southeast, Illinois Route 75 is 4 1/2 miles south, and Illinois Route 2 is 15 miles east of the property.
legal description
A brief legal description indicates The Fidanza Farm is located in Part of the Northwest Quarter of Section 28, Township 29 North – Range 10 East (Laona Township), Winnebago County, Illinois.
total acres
There are a total of 76.19 acres, more or less, according to the Winnebago County Assessor.
tillable acres
There are approximately 70.08 cropland acres according to the Winnebago County FSA, which are enrolled in two Conservation Reserve Program (CRP) contracts with a current annual payment of $15,595. One contract (63.77 acres) is enrolled through September 30, 2033 and has an annual payment of $14,849. The second contract (6.31 acres) is enrolled through September 30, 2032 and has an annual payment of $746.
soil types
Major soil types found on this farm include Edmund silt loam, Whalan and NewGlarus silt loams, and Flagg silt loam. The weighted average Productivity Index (PI) is 93.3.
topography
The topography of the subject farm is nearly level to 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 $6,950 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 2024 real estate taxes totaled $1,842.18. The tax parcel number is #01-28-100-004.
grain markets
There are a number of grain markets located within 15 miles of The Fidanza Farm.
zoning
The property is zoned AG, Agricultural Priority.