The subject property is located approximately 23 miles Northwest of Chicago O'Hare International Airport. Nearby cities include: Algonquin (3/4 mile north), Elgin (2 miles south), and Huntley (2 3/4 miles west). The Lueth Farm is contiguous to Carpentersville and Gilberts.
There is approximately 33 feet of road frontage on Galligan Road.
State Highway 72 is 2 miles south, Interstate 90 is 2 1/4 miles southwest, and State Highway 47 is 3 miles west of the property.
A brief legal description indicates the Lueth Farm is located in Part of the North Half of Section 12, Township 42 North - Range 7 East (Rutland Township), Kane County, Illinois.
There are a total of 82 acres, more or less, according to the Kane County Assessor's Office.
There are 80.64 tillable acres according to the McHenry County FSA Office.
Major soil types found on this farm include: Will loam, Harpster silty clay loam, and Mundelein silt loam.
According to the McHenry County FSA there are 80.64 cropland acres. The FSA direct corn yield is 103 bushels per acre and the FSA corn base is 69.4 acres. The FSA direct bean yield is 25 bushels per acre and the FSA bean base is 8.6 acres. There are no wetlands per the FSA.
The topography of the subject farm is level.
location climate growing season
Kane 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 inches with over two-thirds of this coming during the growing season. Snowfall averages about 32 inches per year. Prevailing winds are from the west. This climate, combined with the generally excellent soils in this area, provides a nearly ideal environment for the production of corn and soybeans.
All mineral rights owned by the seller will be transferred in their entirety to the new owner.
Possession will be given at closing, subject to the terms and conditions set forth in a purchase contract.
The asking price is $14,900 per acre. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase.
Mortgage financing is available from several sources. Names and addresses will be provided upon request.
The 2016 real estate taxes totaled $1,963.02. The tax parcel numbers are #02-12-100-002, #02-12-100-004, and #02-12-200-003.
There are a number of grain markets located within 15 miles of The Lueth Farm.
The Lueth Farm is zoned F - Farming District.
Excellent location. Contiguous to the Binnie Forest Preserve and residential development, and in close proximity to Randall Road.