Steward Road - The Steward Road Farm

Location: The subject farm is located approximately 58 miles southwest of Chicago O'Hare International Airport. Nearby cities include: Steward (2 3/4 miles north), Lee (4 1/4 miles east), and Rochelle (6 miles north). Frontage: There is approximately 7/8 mile of road frontage on Steward Road. Major Highways: Interstate 39/U.S. Route 51 is 1 mile east, U.S. Route 30 is 2 1/4 mil south, and Illinois Route 251 is 2 1/2 miles west of the property. Legal Description: A brief legal description indicates the Steward Road Farm is located in Part of the West Half of Section 5, Township 38 North Range 2 East (Willow Creek Township), Lee County, Illinois. Total Acres: There are a total of 108.97 acres, more or less, according to the Lee County Assessor. Tillable Acres: There are approximately 100.85 tillable acres, estimated. Soil Types: Major soil types found on this farm include Dunham silty clay loam and Grundelein silt loam. Topography: The topography of the subject farm is 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 $12,800 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 2024 real estate taxes are to be determined, as a result of a parcel split in 2024. The new tax parcel number is #21-12-05-100-009. Grain Markets: There are a number of grain markets located within 10 miles of The Steward Road Farm. Zoning: The property is zoned Ag-1, Rural/Agricultural District.