293.27 Acres in Durand, IL - $3,313,951
The Route 75 Farm
Location: The subject farm is located approximately 74 miles northwest of Chicago O'Hare International Airport. Nearby cities include: Durand (4 1/2 miles west), Rockton (6 1/4 miles northeast), and Rockford (7 3/4 miles southeast).
Frontage: There is approximately 7/16 mile of road frontage on Illinois Route 75.
Major Highways: Illinois Route 75 is the south border of the property, Illinois Route 70 is 3 1/2 miles southwest, and Illinois Route 2 is 7 1/8 miles east of the property.
Legal Description: A brief legal description indicates The Route 75 Farm is located in Part of Sections 15, 16, 21, & 22, Township 28 North Range 11 East (Harrison Township), Winnebago County, Illinois.
Total Acres: There are a total of 293.27 acres, more or less, according to the Winnebago County Assessor.
Tillable Acres: There are approximately 278.87 cropland acres according to the Winnebago County F...
Tillable Acres: There are approximately 278.87 cropland acres according to the Winnebago County FSA, of which 20.43 acres are enrolled in CRP with an annual contract payment of $5,064.00 through September 30, 2031.
Soil Types: Major soil types found on this farm include Comfrey loam, Kendall silt loam, and Beardstown 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 $11,300 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 2023 real estate taxes totaled $9,584.96. The tax parcel numbers are: #06-15-300-004, #06-16-400-002, #06-16-400-003, #06-21-200-009, & #06-22-100-001.
Grain Markets: There are a number of grain markets located within 15 miles of The Route 75 Farm.
Zoning: The property is zoned Agricultural Priority (AG).
Comments: The north-south lane bisecting the property is under separate ownership, but there is an easement allowing the owner of The Route 75 Farm to travel over and across the lane. There is also a separate easement that allows the owner of the land north of The Route 75 Farm to travel over and across the northerly 12 feet of The Route 75 Farm.
