Property Details
location
The subject farm is located approximately 45 miles south of Chicago O'Hare International Airport. Nearby cities include: Peotone (3 miles east), Manteno (3 5/8 miles southeast), and Manhattan (5 1/4 miles northwest).
frontage
There is approximately 1/2 mile of road frontage on US Route 45/52 and 3/8 mile of road frontage on W Wilmington-Peotone Road.
major highways
US Route 45/52 is the east border of the property, Interstate 57 is 3 miles southeast, and Illinois Route 102 is 9 miles southwest of the property. The Interstate 57 / W Wilmington-Peotone Road interchange is 3 1/8 miles east of the property.
legal description
A brief legal description indicates The Peotone West 45/52 Farm is located in Part of the Northeast Quarter of Section 30, Township 33 North - Range 12 East (Peotone Township), Will County, Illinois.
total acres
There are a total of 146.07 acres, more or less, according to the Will County Assessor.
tillable acres
There are approximately 141.39 tillable acres according to the Will County FSA.
soil types
Major soil types found on this farm include Elliott silt loam and Varna silt loam. The weighted average Productivity Index (PI) is 120.2.
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 $15,300 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 $3,634.74. The tax parcel numbers are #17-20-30-200-004-0000 & #17-20-30-200-006-0000.
grain markets
There are a number of grain markets located within 15 miles of The Peotone West 45/52 Farm.
zoning
The property is zoned A-1, Agricultural.
comments
Well-located property just west of the Interstate 57 / W Wilmington-Peotone Road interchange, and on US Route 45/52. The Seller will consider offers on less than the entire property.