Property Details
location
The subject farm is located approximately 48 miles northwest of Chicago O’Hare International Airport. Nearby cities include: Kirkland (4 1/8 miles south), Belvidere (4 3/4 miles north), and Cherry Valley (6 3/4 miles northwest).
frontage
There is approximately 1/4 mile of road frontage on Pearl Street Road and 3/8 mile on Ollman Road.
major highways
Illinois Route 72 is 4 1/4 miles south, Interstate 90 is 4 3/4 miles north, U.S. Route 20 is 5 1/4 miles north, and Interstate 39/U.S. Route 51 is 9 1/2 miles west of the property.
legal description
A brief legal description indicates The Pearl Street is located in Part of Section 36, Township 43 North – Range 3 East (Flora Township), Boone County, Illinois.
total acres
There are a total of 177.58 acres according to a survey.
tillable acres
There are approximately 174.58 tillable acres, estimated.
soil types
Major soil types found on this farm include Drummer silty clay loam and Kidami 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 $13,520 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 2020 real estate taxes totaled $5,989.24. The tax parcel numbers are: #07-36-100-009, #07-36-200-003, #07-36-400-002 & #07-36-400-003.
grain markets
There are a number of grain markets located within 10 miles of The Pearl Street Road Farm.
zoning
The property is zoned A-1, Ag. Conservation.