Property Details
location
The subject farm is located approximately 44 miles northwest of Chicago O'Hare International Airport. Nearby cities include Kingston (1/4 mile north), Genoa (2 1/4 miles east), and Kirkland (2 1/2 miles west). The property address is 31515 Lanan Road, Kingston, Illinois 60145.
frontage
There is approximately 1/2 mile of road frontage on Lanan Road.
major highways
Illinois Route 72 is 1/2 mile north, Illinois Route 23 is 4 miles east, Illinois Route 64 is 5 3/4 miles south, and Interstate 90 is 8 1/2 miles northeast of the property.
legal description
A brief legal description indicates The Liebert Farm is located in Part of the East Half of Section 28, Township 42 North – Range 4 East (Kingston Township), DeKalb County, Illinois.
total acres
There are a total of 160 acres, more or less, according to the DeKalb County Assessor.
tillable acres
There are approximately 150.82 cropland acres according to the DeKalb County FSA, of which 3.68 acres are in waterways, and 4.90 acres are currently enrolled in CRP with an annual contract payment of $1,314.00 through September 30, 2034.
soil types
Parr silt loam is the primary soil type found on this farm. The weighted average Productivity Index (PI) is 120.2.
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 $12,800 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 2025 real estate taxes totaled $6,687.94. The tax parcel numbers are: #02-28-200-003, #02-28-400-004, #02-28-400-006, #02-28-400-007.
grain markets
There are a number of grain markets located within 15 miles of The Liebert Farm.
zoning
The property is zoned A-1, Agricultural District.