Rockford, IL Winnebago Country Land 159.200000 acre for sale in Rockford, Illinois

$3,024,800

Location: The subject farm is situated around 70 miles northwest of Chicago O'Hare International Airport. Adjoining to the city of Rockford.
Frontage: There is approximately 1/4 mile of road frontage on Illinois Highway 2 and 3/4 mile on U.S. Route 20.
Significant Highways: U.S. Route 20 borders the home to the north, Illinois Highway 2 to the west, Illinois Highway 251 is 1 mile east, and Interstate 39 is 43/4 miles to the east of the property.
Legal Description: A quick legal description shows the Dickenson # 2B Farm is located in Part of Section 10 and Part of the Northeast Quarter of Section 15, Township 43 North - Range 1 East, (Rockford Township) in Winnebago County, Illinois.
Complete Acres: There are 159.2 acres, basically, according to the Winnebago County Assessor's Office.
Tillable Acres: There are 146 tillable acres according to the Winnebago County FSA Office.
Soil Types: Major soil types include Plano silt loam, Jasper silt loam, and Flagler sandy loam.
Topography: The topography of the subject farm is level.
Climate/Growing Season: Winnebago County has a continental environment normal of northern Illinois. The average length of the growing period is nearly 160 days. Typically we anticipate about 2750 growing degree days from April 15 through September 30. Annual rainfall averages about 35 inches with over 2 thirds of this coming during the growing period. Snowfall averages about 36 inches annually. Prevailing winds are from the west and southwest. The climate, incorporated with the generally outstanding soils in this area offers a nearly perfect environment for the manufacturings of corn, wheat and soybeans.
Mineral Rights: All mineral rights possessed by the seller will certainly be moved in their entirety to the new owner.
Possession: Possession will certainly be provided at closing, subject to the conditions and terms set forth in a purchase agreement.
Price and Terms: The asking rate is $19,000 per acre. The owners are seeking a money sale. A 10 % earnest cash deposit need to go along with any offer to purchase.
Funding: Mortgage funding is available from numerous sources, including 1st Farm Credit and regional banks. Extra names and addresses will certainly be offered upon demand.
Taxes: The 2011 Real Estate Taxes totaled $4,059.72. The tax parcel numbers are # 15-10-251-001, # 15-10-401-001, # 15-10-476-002, and # 15-15-226-001.
Grain Markets: There are a number of grain markets situated within 10 miles of the Dicksenson # 2B Farm.
Zoning: The farm is zoned Agricultural.
Remarks: Four Incentive Area: Foreign-Trade Zone (Site Potential), River Edge Redevelopment Zone, Customs Port of Entry, and Industrial TIF.
Highly preferable for import/export, distribution, logistics, airport services, call centers, vehicle rental areas & & other related services. Can accommodate approximately 1M square feet.


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