Location: The subject farm is located approximately 40 miles southwest of Chicago O'Hare International Airport. Nearby cities include: Hinckley (7/8 mile south), DeKalb (7 miles northwest), and Sugar Grove (7 3/8 miles east).
Frontage: There is approximately 7/16 mile of road frontage on Hinckley Road.
Major Highways: U.S. Route 30 is 1 1/2 miles south, Illinois Route 23 is 5 3/8 miles west, and Interstate 88 is 5 1/2 miles northeast of the property.
Legal Description: A brief legal description indicates the Hinckley Farm is located in Part of the Southeast Quarter of Section 3, Township 38 North – Range 5 East (Squaw Grove Township), DeKalb County, Illinois.
Total Acres: There are a total of 154.8 acres, more or less, according to the DeKalb County Assessor.
Tillable Acres: There are approximately 146.26 tillable acres according to the DeKalb County FSA, of which 8.90 acres are currently enrolled in CRP, with an annual contract payment of $1,949 through 9/30/2029.
Soil Types: Major soil types found on this farm include Catlin silt loam and Drummer 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 $14,300 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 2022 real estate taxes totaled $7,479.54. The tax parcel number is #15-03-400-004.
Grain Markets: There are a number of grain markets located within 15 miles of The Hinckley Farm.
Zoning: The property is zoned A-1, Agricultural District.
