Property Details
location
The subject farm is located approximately 48 miles southwest of Chicago O'Hare International Airport. Nearby cities include: Waterman (3/4 mile east), Shabbona (2 5/8 miles west), and DeKalb (8 miles north).
frontage
There is approximately 1/2 mile of road frontage on Leland Road and 5/8 mile on Preserve Road.
major highways
U.S. Route 30 is 1/32 mile north, Illinois Route 23 is 2 miles east, Interstate 88 is 9 miles north, and Interstate 39 is 10 1/2 miles west of the property.
legal description
A brief legal description indicates the Kauffman Farm is located in Part of the South Half of Section 17, Township 38 North – Range 4 East (Clinton Township), DeKalb County, Illinois.
total acres
There are a total of 240.88 acres, more or less, estimated.
tillable acres
There are approximately 211.65 acres currently in tillable crop production according to the DeKalb County FSA. There are approximately 22.06 additional acres in trees, grass, and buildings, according to the DeKalb County FSA.
soil types
Major soil types found on this farm include Danabrook 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 $12,950 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.
grain markets
There are a number of grain markets located within 10 miles of The Kauffman Farm.
zoning
The property is zoned A-1, Agricultural.
comments
The current annual lease income for the cell tower is $7,504.56. Details of the cell tower lease are available upon request.