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Stainbrook Rd
Steward, IL 60553

The Bingham Road East Farm · Land For Sale · 116.06 AC

PROPERTY FACTS

Property Type Land
Property Subtype Agricultural
Total Lot Size 116.06 AC
Cross Streets Bingham Road

Description

Location: The subject farm is located approximately 60 miles southwest of Chicago O’Hare International Airport. Nearby towns include: Paw Paw (4 1/4 miles southeast), Shabbona (8 miles east), Rochelle (10 miles north), and Amboy (13 7/8 miles west). Frontage: There is approximately 7/16 mile of road frontage on Bingham Road and 3/8 mile on Stainbrook Road. Major Highways: U.S. Route 30 is 1 mile north, Interstate 39/U.S. Route 51 is 1 5/8 miles east, and Illinois Route 251 is 1 3/4 miles west of the property. Legal Description: A brief legal description indicates The Bingham Road East Farm is located in Part of the North Half of Section 30, Township 38 North - Range 2 East (Willow Creek Township), Lee County, Illinois. Total Acres: There are a total of 116.06 acres, more or less, according to the Lee County Assessor’s Office. Tillable Acres: There are approximately 113.51 tillable acres, according to the Lee County FSA. Soil Types: Major soil types found on this farm include Wyanet silt loam and Saybrook silt loam. FSA Data: Detailed FSA information is available in the property brochure. Topography: The topography of the subject farm is level to gently rolling. Location: Climate Growing Season Lee County has a continental climate typical of northern Illinois. The average length of the growing season is nearly 173 days. On average we expect about 2,750 growing degree days from April 23 through October 15. Annual precipitation averages about 35" with over two thirds of this coming during the growing season. Snowfall averages about 35" per year. Prevailing winds are from the west-northwest. 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 $10,050 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. Grain Markets: There are a number of grain markets located within 10 miles of The Bingham Road East Farm. Taxes: The 2019 real estate taxes for the farmland totaled $3,243.50. The tax parcel numbers are #21-12-30-200-016 & #21-12-30-200-017. Comments: There is one wind turbine generator on the Bingham Road East Farm. The total 2019 wind turbine income is $10,500. Please contact our office for additional details.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 21-12-30-200-016
  • 21-12-30-200-017
Land Assessment
£40,258
Improvements Assessment
£322,892
Total Assessment
£363,150
  • Listing ID: 16643417

  • Date on Market: 17/07/2019

  • Last Updated:

  • Address: Stainbrook Rd, Steward, IL 60553

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