Property Details
location
The subject farm is located approximately 35 miles west of Chicago O'Hare International Airport and is partially located within the village of Maple Park. Nearby cities include: Cortland (2 5/16 miles west), Virgil (3 miles northeast), and Elburn (5 1/2 miles east).
frontage
There is approximately 1/2 mile of road frontage on Thatcher Road.
major highways
Illinois Route 38 is 3/4 mile south, Interstate 88 is 2 1/2 miles south, Illinois Route 64 is 3 1/4 miles north, and Illinois Route 47 is 5 1/2 miles east of the property.
legal description
A brief legal description indicates The Maple Park Farm is located in Part of the Southwest Quarter of Section 29, Part of the Southeast Quarter of Section 30, and Part of the Northwest Quarter of Section 32, all in Township 40 North – Range 6 East (Virgil Township), Kane County, Illinois.
total acres
There are a total of 111.21 acres, more or less, according to the Kane County Assessor’s Office.
tillable acres
There are approximately 106.09 tillable acres according to the Kane County FSA.
soil types
Major soil types found on this farm include Drummer silty clay loam, Octagon silt loam and Camden silt loam.
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 $13,950 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 2021 real estate taxes totaled $10,570.00. The tax parcel numbers are: #07-29-300-004, #07-29-300-015, #07-30-400-004, #07-30-400-005, #07-32-100-008, #07-32-100-010.
grain markets
There are a number of grain markets located within 15 miles of The Maple Park Farm.
zoning
The property is zoned F, Farming District (Kane County), R-1, Single Family District (Maple Park), and B-2, General Business District (Maple Park).
comments
An ingress/egress easement travels along the west and south borders of the farm, as noted in the survey in the Appendix.