Property Details
location
The subject farm is located approximately 58 miles southwest of Chicago O'Hare International Airport. Nearby cities include: Steward (2 3/4 miles north), Lee (4 1/4 miles east), and Rochelle (6 miles north).
frontage
There is approximately 7/8 mile of road frontage on Steward Road.
major highways
Interstate 39/U.S. Route 51 is 1 mile east, U.S. Route 30 is 2 1/4 mil south, and Illinois Route 251 is 2 1/2 miles west of the property.
legal description
A brief legal description indicates the Steward Road Farm is located in Part of the West Half of Section 5, Township 38 North – Range 2 East (Willow Creek Township), Lee County, Illinois.
total acres
There are a total of 108.97 acres, more or less, according to the Lee County Assessor.
tillable acres
There are approximately 100.85 tillable acres, estimated.
soil types
Major soil types found on this farm include Dunham silty clay loam and Grundelein silt loam.
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 $12,800 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 are to be determined, as a result of a parcel split in 2024. The new tax parcel number is #21-12-05-100-009.
grain markets
There are a number of grain markets located within 10 miles of The Steward Road Farm.
zoning
The property is zoned Ag-1, Rural/Agricultural District.