Property Details
location
The subject farm is located approximately 39 miles northwest of Chicago O'Hare International Airport. Nearby cities include: Genoa (2 1/2 miles southwest), Hampshire (4 1/4 miles east), and Marengo (7 miles north).
frontage
There is approximately 7/16 mile of road frontage on Illinois Route 23.
major highways
Illinois Route 23 is the west border, Illinois Route 72 is 2 1/4 miles south, and Interstate 90 is 3 1/4 miles north of the property.
legal description
A brief legal description indicates The Moellenkamp Farm is located in Part of the West Half of Section 10, Township 42 North – Range 5 East (Genoa Township), DeKalb County, Illinois.
total acres
There are a total of 115 acres, more or less, according to the DeKalb County Assessor.
tillable acres
There are approximately 114 tillable acres, estimated.
soil types
Major soil types found on this farm include Flanagan silt loam, Drummer silty clay loam, and Lisbon silt loam.
FSA Data
The topography of the subject farm is level to nearly level.
topography
The topography of the subject farm is level to nearly level.
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 $16,900 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 2022 real estate taxes totaled $7,827.88. The tax parcel numbers are #03-10-100-004 & #03-10-300-004.
grain markets
There are a number of grain markets located within 15 miles of The Moellenkamp Farm.
zoning
The property is zoned A-1, Agricultural.