Property Details
location
The subject farm is located approximately 70 miles west of Chicago O'Hare International Airport. Nearby cities include: Oregon (1 1/4 miles west), Byron (7 5/8 miles north), and Rochelle (10 miles southeast).
frontage
There is approximately 1/4 mile of road frontage on Blackhawk Road and 1/4 mile on Honey Creek Road. There is approximately 1/2 mile of Kyte River frontage.
major highways
Illinois Route 64 is 1 1/4 miles north, Illinois Route 2 is 2 miles west, and Interstate 39/U.S. Route 51 is 14 miles east of the property.
legal description
A brief legal description indicates The Lillie Farm is located in Part of the South Half of Section 12 and Part of the North Half of Section 13, Township 23 North – Range 10 East (Oregon-Nashua Township), Ogle County, Illinois.
total acres
There are a total of 82.55 acres, more or less, according to the Ogle County Assessor’s Office.
tillable acres
There are approximately 47.10 tillable acres according to the Ogle County FSA, of which 43.98 acres are currently enrolled in CRP. There are an additional 12.49 acres enrolled in CRP riparian buffers. The total annual CRP contract payment is $14,176 and the current contracts expire 9/30/2024 and 9/30/2026.
soil types
Comfrey loam is the primary soil type.
topography
The topography of the subject farm is level to nearly level.
location climate growing season
Ogle County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 142 days. On average we expect about 2,854 growing degree days from April 15 through September 30. Annual precipitation averages about 34" with over 2/3 of this coming during the growing season. Snowfall averages about 33" per year. Prevailing winds are from the west and southwest. This climate, combined with the generally excellent soils in this area, provides a nearly ideal environment for the production of corn and soybeans
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 $5,950 per acre. The owners are seeking a cash sale. 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 2017 real estate taxes totaled $770.88. The tax parcel numbers are #16-12-300-007, #16-13-100-001, and #16-13-100-004.
grain markets
There are a number of grain markets located within 10 miles of The Lillie Farm.
zoning
The Lillie Farm is zoned AG-1, Agricultural.
comments
Excellent recreational property with annual income and a potential building site. Honey Creek and the Kyte River are accessible from the property, offering fishing and kayaking opportunities. Wildlife is abundant in the area.