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Jeff Waddell
Jeff Waddell
Martin, Goodrich & Waddell, Inc.
Available

The Cortland Farm

Illinois Route 38, Cortland, Illinois 60112 - DeKalb County
$1,199,763 110.07 Acres
Property ID 2730439

Description

Total Acres: There are a total of 110.07 acres, more or less, according to the DeKalb County Assessor's Office.

Tillable Acres: There are 99.56 tillable acres according to the DeKalb County Farm Service Agency.

Soil Types: Major soil types found on this farm include Drummer silty clay loam and Kaneville silt loam.

Topography: The topography of the subject farm is level to nearly level.

Price and Terms: The asking price is $10,900 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 2015 real estate taxes totaled $7,038.14. The tax parcel numbers are #09-19-376-008 and #09-30-200-014.

Grain Markets: There are a number of grain markets located within 15 miles of The Cortland Farm.

Zoning: The portion of the farm that lies within the town of Cortland is zoned C-2, General Commercial. The remaining acreage is zoned A-1, Agricultural.

Comments: Excellent investment opportunity. Well located farmland with future development potential.

Directions

Location: The subject farm is located approximately 40 miles west of Chicago O'Hare International Airport, within the town of Cortland, and contiguous to the city of DeKalb. Nearby towns include: Sycamore (2 miles northwest) and Maple Park (4 miles east).
Frontage: There is approximately 7/16 mile of road frontage on Illinois Route 38 and 3/8 mile on Loves Road.
Major Highways: Illinois Route 38 is the south border of the property, Interstate 88 is 1 mile south, Illinois Route 23 is 2 1/4 miles west, Illinois Route 64 is 4 1/2 miles north, and Illinois Route 47 is 11 1/2 miles east.
Legal Description: A brief legal description indicates The Cortland Farm is located in Part of the South Half of Section 19 and Part of the North Half of Section 30, Township 40 North - Range 5 East (Cortland Township), DeKalb County, Illinois.

Tax Data (Show Tax Data)

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Accredited Land Consultant - Realtors Land Institue

Jeff Waddell

Martin, Goodrich & Waddell, Inc.

2020 Aberdeen Ct
Sycamore, IL 60178

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    NOTE: The information contained herein is provided as general information only and has been obtained from sources deemed reliable. It is provided without any guaranty, warranty or representation, expressed or implied, made by Lands of America, or any related entity, as to the accuracy or completeness of the information. The information is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers should make their own investigations, projections and conclusions concerning the information.