Property Details
location
The subject farm is located approximately 60 miles southwest of Chicago O'Hare International Airport. Nearby cities include: Rochelle (2 miles north), Steward (3 miles east), and Amboy (14 1/8 miles southwest). The property address is 2844 Perry Road, Steward, IL 60553.
frontage
There is approximately 1/4 mile of road frontage on Perry Road.
major highways
Illinois Route 251 is 1/2 mile east, Interstate 88 is 2 1/4 miles north, Interstate 39 is 3 3/4 miles east, and U.S. Route 30 is 6 miles south of the property.
legal description
A brief legal description indicates The Staton Farm & Airport is located in Part of the West Half of Section 14, Township 39 North, Range 1 East (Reynolds Township), Lee County, Illinois.
total acres
There are a total of 120 acres, more or less, according to the Lee County Assessor.
tillable acres
There are approximately 105.65 cropland acres according to the Lee County FSA that are currently in tillable production. The airstrip and grassed area is comprised of approximately 9 additional acres.
soil types
Major soil types found on this farm include Harpster silty clay loam and Drummer silty clay loam. The weighted average Productivity Index (PI) is 135.3.
topography
The topography of the subject farm is 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 $17,450 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 2025 real estate taxes totaled $9,461.76. The tax parcel numbers are #17-05-14-100-004 & #17-05-14-300-002.
grain markets
There are a number of grain markets located within 15 miles of The Staton Farm & Airport.
zoning
The property is zoned AG-1 SPU, Rural/Agricultural District, Special Use Permit.
improvements
The Staton Farm & Airport is improved with a brick ranch home, outbuildings, a certified airstrip (4LL1-Staton Airport), and field tile. Additional airstrip information and field tile maps are available in the Appendix.
The 3-bedroom home features a 2-car attached garage, an eat-in kitchen, dining room, living room with brick fireplace, laundry area, 2 1/2 bathrooms, 3-season room, and Generac generator.
Adjacent to the airstrip is a machine shed/airplane hangar, heated shop, and a heated pilot shanty with a full bathroom and kitchen sink.
This well-maintained property has had several improvements in recent years, including replacement of the following: roof (home and pilot shanty), siding (pilot shanty), windows and doors (Pella), well pump, and culvert.