148.11 Acres in Monroe Center, IL - $2,184,623
The Hall Farm
Location: The subject farm is located approximately 55 miles west of Chicago O'Hare International Airport. Nearby cities include: Monroe Center (1 1/2 miles north), Rockford (8 miles northwest), and Rochelle (8 5/8 miles southwest).
Frontage: There is approximately 3/8 mile of road frontage in Telephone Road, 1/4 mile on Mulford Road, and 1/4 mile on Base Line Road.
Major Highways: Interstate 39/U.S. Route 51 is 1 1/4 miles west, Illinois Route 72 is 2 miles north, and Illinois Route 64 is 3 3/4 miles south of the property.
Legal Description: A brief legal description indicates The Hall Farm is located in Part of the Southwest Quarter of Section 34, Township 42 North Range 2 East (Monroe Township) and Part of the North Half of Section 3, Township 41 North Range 2 East (Lynnville Township), all in Ogle County, Illinois.
Total Acres: There are a total of 148.11 acres, more or less, a...
Total Acres: There are a total of 148.11 acres, more or less, according to the Ogle County Assessor.
Tillable Acres: There are approximately 142.5 tillable acres, estimated.
Soil Types: Major soil types found on this farm include Plano silt loam, Drummer silty clay loam, and Elburn silt 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 $14,750 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 2022 real estate taxes totaled $9,102.26. The tax parcel numbers are: #12-34-300-005, #12-34-300-014 & #19-03-200-001.
Grain Markets: There are a number of grain markets located within 15 miles of The Hall Farm.
Zoning: The property is zoned AG-1, Agricultural.
