Property Details
location
The subject farm is located approximately 46 miles northwest of Chicago O'Hare International Airport. Nearby cities include: Kingston (1 3/8 miles southeast), Kirkland (1 3/4 miles southwest), and Belvidere (8 miles north).
frontage
There is approximately 1/4 mile of road frontage on Wolf Road.
major highways
Illinois Route 72 is 1 1/8 miles south, Illinois Route 23 is 6 1/2 miles southeast, and Interstate 90 is 7 5/8 miles northeast of the property.
legal description
A brief legal description indicates The Wolf Road Farm is located in Part of the Southeast Quarter of Section 18, Township 42 North – Range 4 East (Kingston Township), DeKalb County, Illinois.
total acres
There are a total of 60.56 acres, more or less, according to the DeKalb County Assessor.
tillable acres
There are approximately 35.1 tillable acres according to the DeKalb County FSA.
soil types
Major soil types found on this farm include Mayville silt loam and Kidami 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 $10,700 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 taxes for PIN #02-18-400-013 (41.1 acres of bare land) totaled $1,065.74.
The taxes for PIN #02-18-400-014 (19.46 acres under solar lease) totaled $15,373.94. According to the solar lease, throughout the Term (but attributable only to the period falling within the Term), Tenant shall pay, or cause to be paid, all Taxes and Assessments that may be imposed or assessed on the Solar Facilities, and Tenant shall pay, or cause to be paid, any increase in Taxes and Assessments accruing during the Term against the Premises to the extent resulting directly from the presence of Tenant's Solar Facilities on the Premises.
The taxes for PIN #02-18-400-014 (19.46 acres under solar lease) totaled $15,373.94. According to the solar lease, throughout the Term (but attributable only to the period falling within the Term), Tenant shall pay, or cause to be paid, all Taxes and Assessments that may be imposed or assessed on the Solar Facilities, and Tenant shall pay, or cause to be paid, any increase in Taxes and Assessments accruing during the Term against the Premises to the extent resulting directly from the presence of Tenant's Solar Facilities on the Premises.
grain markets
There are a number of grain markets located within 15 miles of The Wolf Road Farm.
zoning
The property is zoned A-1, Agricultural District, with permitted Special Use.