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Mill Rd
Byron, IL 61010
The King Farm · Land For Sale · 122.97 AC
PROPERTY FACTS
Property Type | Land | Total Lot Size | 122.97 AC |
Property Subtype | Agricultural |
Property Type | Land |
Property Subtype | Agricultural |
Total Lot Size | 122.97 AC |
Description
Location: The subject farm is located approximately 71 miles west of Chicago O’Hare International Airport and is partially located within the city of Byron. Nearby cities include: Stillman Valley (5 miles southeast), Oregon (7 5/8 miles southwest), and Rockford (8 1/2 miles northeast). Frontage: There is approximately 1/4 mile of road frontage on Mill Road. Major Highways: Illinois Route 72 is 1/4 mile south, Illinois Route 2 is 1/2 mile south, and U.S. Route 20 is 9 3/4 miles north of the property. Legal Description: A brief legal description indicates The King Farm is located in Part of Section 25, Township 25 North – Range 10 East (Byron Township), Ogle County, Illinois. Total Acres: There are a total of 122.97 acres, more or less, according to the Ogle County Assessor’s Office. Tillable Acres: There are approximately 78.9 tillable acres according to the Ogle County FSA of which 75 acres are currently leased for the 2021 crop year. There are an additional 8.1 acres currently enrolled in CRP with an annual contract payment of $1,434 through 9/30/2022. Soil Types: Major soil types found on this farm include Martinsville silt loam and Drummer silty clay loam Topography: The topography of the subject farm is level. Location Climate Growing Season: Ogle County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 142 days. On average we expect about 2,854 growing degree days from April 15 through September 30. Annual precipitation averages about 34" with over 2/3 of this coming during the growing season. Snowfall averages about 33" per year. Prevailing winds are from the west and southwest. This climate, combined with the generally excellent soils in this area, provides a nearly ideal environment for the production of corn and soybeans. 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 $8,475 per acre. The owners are seeking a cash sale. 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 2019 real estate taxes totaled $2,730.22. The tax parcel numbers are #04-25-100-013, #04-25-100-014, #04-25-100-015, #04-25-100-016, #04-25-300-025 & #04-25-300-026. Grain Markets: There are a number of grain markets located within 10 miles of The King Farm. Zoning: The King Farm is zoned AG-1, Agricultural (Ogle County) and R1 - Single Family Residential (City of Byron).
Links
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $0 |
Land Assessment | $41,763 | Total Assessment | $41,763 |
PROPERTY TAXES
- 04-25-100-013
- 04-25-300-026
- 04-25-100-016
- 04-25-300-025
- 04-25-100-014
Learn More About Investing in Land
Listing ID: 22322879
Date on Market: 2/24/2021
Last Updated:
Address: Mill Rd, Byron, IL 61010