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1167 Somonauk Rd

50 Acres of Agricultural Land Offered at $1,050,000 in Somonauk, IL 60552

Investment Highlights

  • UNIQUE INCOME PRODUCING FARM IN DEKALB COUNTY!
  • 50 ACRES with SOLAR FIELD, HOUSE, 3 OUTBUILDINGS, 2 PONDS and CREEK.
  • Calling All Investors and / or Owner Occupants who want the land to help pay for itself.

Executive Summary

Calling All Investors and / or Owner Occupants ... 50 ACRES with SOLAR FIELD, HOUSE, 3 OUTBUILDINGS, 2 PONDS and CREEK. THE ENTIRE PROPERTY IS LEASED OUT. The SOLAR FIELDS consist of approximately 25+/- acres (subject to final survey). Phase I came on-line in 2022; Phase II construction was just completed and will be coming on-line soon.
RENT PAYMENTS: Solar Lease pays $800/per acre per year PLUS the real estate taxes ($16,215) on the Phase I PIN. House Tenant pays $850/month, Large Outbuilding $500/month, and Small Outbuilding $400/month. A copy of the lease with the Solar Company will be available to serious buyers. This property is incorporated into the Village of Somonauk and is on NATURAL GAS. ZONED AGRICULTURE. See Additional Features Sheet for more details. Lines drawn on the photos are approximate lot lines only per county records and do not represent or replace a survey by a licensed surveyor.
INCORPORATED within the Village of Somonauk; 3 PIN #'s, recorded easements thru the house pin to access the solar fields. Back yard has a pool that was filled in. See Additional Features Sheet for more details. A copy of the lease with the solar company is available to serious buyers. Phase 2 construction is complete and is coming on-line. Increased rent should start November 1st. Seller is also willing to divide...see MLS #'s 12181074 for the Solar Farm Only and 12181058 for the Farmette with House and Outbuildings.

Property Facts

Price $1,050,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 50.00 AC

1 Lot Available

Lot

Price $1,050,000
Price Per AC $21,000
Lot Size 50.00 AC

50 ACRES with SOLAR FIELD, HOUSE, 3 OUTBUILDINGS, 2 PONDS and CREEK.

Description

UNIQUE INCOME PRODUCING FARM IN DEKALB COUNTY! Calling All Investors and / or Owner Occupants ... 50 ACRES with SOLAR FIELD, HOUSE, 3 OUTBUILDINGS, 2 PONDS and CREEK. THE ENTIRE PROPERTY IS LEASED OUT. The SOLAR FIELDS consist of approximately 25+/- acres (subject to final survey). Phase I came on-line in 2022; Phase II construction was just completed and will be coming on-line soon. The home, outbuildings and remaining land (including 2 ponds, creek and mature trees - great for pasture or other recreation) sit on the remaining 25+/- acres. The FARMHOUSE is 2,318 Sq Ft with 4 Bedrooms, 2.5 Baths and 3-Car Garage. Open Concept on the main floor between the Kitchen, Dining and Living Rooms; unique for this age of home. For those who want to live on a farm, but not do stairs...it features a LARGE 1st FLOOR MASTER BEDROOM AND BATH. The beautiful original staircase leads you to the remaining 3 Bedrooms and Bath on the 2nd floor. NEW Siding, Roof and Garage Doors in 2022 and septic tank and field in 2016. The attached 3-car garage is also a nice addition to a farmhouse. It features a fireplace / BBQ (great for grilling in the winter), 1st Floor Laundry and access to the basement. The Partial Basement is partially finished with a half bath, flooring, ceiling and painted walls. Back yard is fenced for dogs. The LARGE POLE BUILDING is 50x170 and 16ft High with 8 inch thick concrete floor and electric. Sliding doors on either end. Roof was repainted in 2022. The SMALL POLE BARN is 40x68 and 12ft High with concrete floor, gas and electric, small, finished office, large overhead door. CORN CRIB is 28x40 and 15 high with a SIDE BARN (28x48). The crib is sturdy, but needs TLC; Roof, Siding and Sliding Doors. RENT PAYMENTS: Solar Lease pays $800/per acre per year PLUS the real estate taxes ($16,215) on the Phase I PIN. House Tenant pays $850/month, Large Outbuilding $500/month, and Small Outbuilding $400/month. A copy of the lease with the Solar Company will be available to serious buyers. This property is incorporated into the Village of Somonauk and is on NATURAL GAS. ZONED AGRICULTURE. See Additional Features Sheet for more details. Lines drawn on the photos are approximate lot lines only per county records and do not represent or replace a survey by a licensed surveyor.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18-28-300-010
  • 18-28-300-011
Land Assessment
$13,199
Improvements Assessment
$167,406
Total Assessment
$180,605

zoning

Zoning Code Agriculture
Agriculture
  • Listing ID: 28701719

  • Date on Market: 6/8/2023

  • Last Updated:

  • Address: 1167 Somonauk Rd, Somonauk, IL 60552

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