Property Details
location
The subject farm is located approximately 40 miles southwest of Chicago O'Hare International Airport. Nearby cities include: Hinckley (7/8 mile south), DeKalb (7 miles northwest), and Sugar Grove (7 3/8 miles east).
frontage
There is approximately 7/16 mile of road frontage on Hinckley Road.
major highways
U.S. Route 30 is 1 1/2 miles south, Illinois Route 23 is 5 3/8 miles west, and Interstate 88 is 5 1/2 miles northeast of the property.
legal description
A brief legal description indicates the Hinckley Farm is located in Part of the Southeast Quarter of Section 3, Township 38 North – Range 5 East (Squaw Grove Township), DeKalb County, Illinois.
total acres
There are a total of 154.8 acres, more or less, according to the DeKalb County Assessor.
tillable acres
There are approximately 146.26 tillable acres according to the DeKalb County FSA, of which 8.90 acres are currently enrolled in CRP, with an annual contract payment of $1,949 through 9/30/2029.
soil types
Major soil types found on this farm include Catlin silt loam and Drummer 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 $14,300 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 2022 real estate taxes totaled $7,479.54. The tax parcel number is #15-03-400-004.
grain markets
There are a number of grain markets located within 15 miles of The Hinckley Farm.
zoning
The property is zoned A-1, Agricultural District.