98.72 Acres in Lee, IL - $1,465,992
The Drexler Farms
Location: The subject farm is located approximately 53 miles southwest of Chicago O'Hare International Airport. Nearby cities include: Lee (contiguous to Drexler 58 Farm), Shabbona (2 miles southeast), and DeKalb (10 miles northeast).
Frontage: There is approximately 9/16 mile of road frontage on Lee Road.
Major Highways: U.S. Route 30 is 2 miles southeast, Interstate 39/U.S. Route 51 is 3 5/8 miles west, Interstate 88/Illinois Route 110 is 7 1/4 miles north, and Illinois Route 23 is 8 3/8 miles east of the property.
Legal Description: A brief legal description indicates the Drexler Farms are located in Part of the Southwest Quarter of Section 5 and Part of the South Half of Section 6, all in Township 38 North Range 3 East (Shabbona Township), DeKalb County, Illinois.
Total Acres: There are a total of 98.72 acres, more or less, according to the DeKalb County Assessor.
Tillable Acre...
Tillable Acres: There are approximately 95.59 tillable acres, estimated.
Soil Types: Major soil types found on this farm include Danabrook silt loam and Elpaso silty clay loam.
Topography: The topography of the subject farm is level to nearly 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 $14,850 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 Drexler Farms combined 2022 real estate taxes totaled $4,854.72. The tax parcel numbers are: #13-05-300-006, #13-06-339-001, #13-06-377-003 & #13-06-400-004. The Drexler 58 Farm totaled $2,820.30 and the Drexler 40 Farm totaled $2,034.42.
Grain Markets: There are a number of grain markets located within 15 miles of The Drexler Farms.
Zoning: The property is zoned A-1, Agricultural District.
