Property Details
location
The subject farm is located approximately 40 miles south of Chicago O'Hare International Airport. Nearby cities include: Manhattan (1 mile east), Elwood (5 miles west), and Joliet (3 1/4 miles northwest).
frontage
There is approximately 1/2 mile of road frontage on W Hoff Road and 7/16 mile on S Gougar Road.
major highways
U.S. Route 52 is 1 mile east, Illinois Route 53 is 4 1/2 miles northwest, and Interstate 80 is 8 1/4 miles north of the property.
legal description
A brief legal description indicates the Krapf Farm is located in Part of the Northwest Quarter of Section 32, Township 34 North – Range 11 East (Manhattan Township), Will County, Illinois.
total acres
There are a total of 157.71 acres, more or less, according to the Will County Assessor.
tillable acres
There are approximately 154.20 tillable acres, according to the Will County FSA.
soil types
Major soil types found on this farm include Ashkum silty clay loam and Elliott silt 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 $13,350 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 2021 real estate taxes totaled $3,949.42. The tax parcel numbers are: #14-12-32-100-003-0000 & 14-12-32-100-004-0000.
grain markets
There are a number of grain markets located within 15 miles of The Krapf Farm.
zoning
The property is zoned A-1, Agricultural.