Property Details
location
The subject farm is located approximately 49 miles west of Chicago O'Hare International Airport. Nearby cities include: Kirkland (5 miles north), DeKalb (6 miles southeast), and Rochelle (8 miles southwest).
frontage
There is approximately 3/8 mile of road frontage Malta Road.
major highways
Illinois Route 64 is 1/2 mile south, Illinois Route 72 is 5 miles north, and Interstate 39/U.S. Route 51 is 6 7/8 miles west of the property.
legal description
A brief legal description indicates The Malta Road Farm is located in Part of the Southwest Quarter of Section 22, Township 41 North – Range 3 East (South Grove Township), DeKalb County, Illinois.
total acres
There are a total of 155.02 acres, more or less, according to the DeKalb County Assessor.
tillable acres
There are approximately 144.75 cropland acres according to the DeKalb County FSA. There are 144 acres leased for the 2026 crop year.
soil types
Major soil types found on this farm include Catlin silt loam and Danabrook silt loam. The weighted average Productivity Index (PI) is 130.4.
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 $14,350 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 2024 real estate taxes totaled $6,781.48. The tax parcel number is #04-22-300-002.
grain markets
There are a number of grain markets located within 15 miles of The Malta Road Farm.
zoning
The property is zoned A-1, Agricultural.