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Herman Road - The Flewellyn Farm 20.94 Acres of Agricultural Land Offered at $318,613 CAD in Lee, IL 60530

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INVESTMENT HIGHLIGHTS

  • • Productive tillable acres • In close proximity to I-39 & US-30 • Partially located within the Village of Lee, IL

PROPERTY FACTS

Price $318,613 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 20.94 AC

1 LOT AVAILABLE

Lot

Price $318,613 CAD
Price Per AC $15,215.53 CAD
Lot Size 20.94 AC

The farm's GPS coordinates are 41.803750, -88.941356, and can be copied and pasted into a mapping application for directions.

DESCRIPTION

Location: The subject farm is located approximately 55 miles southwest of Chicago O'Hare International Airport and is partially within the Village of Lee. Nearby cities include: Shabbona (3 1/2 miles southeast), Rochelle (7 3/8 miles northwest), and DeKalb (10 1/2 miles northeast). Frontage: There is approximately 3/16 mile of road frontage on Herman Road and 1/4 mile on County Line Road. Major Highways: U.S. Route 30 is 2 3/4 miles south, Interstate 39/U.S. Route 51 is 3 3/8 miles west, and Interstate 88/Illinois Route 110 is 6 1/2 miles north of the property. Legal Description: A brief legal description indicates The Flewellyn Farm is located in Part of the Northeast Quarter of Section 1, Township 38 North Range 2 East (Willow Creek Township), Lee County, Illinois. Total Acres: There are a total of 20.94 acres, more or less, according to the Lee County Assessor. Tillable Acres: There are approximately 18.7 tillable acres according to the Lee County FSA. Soil Types: Major soil types found on this farm include Elpaso silty clay loam and Wyanet silt 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 $10,900 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 totaled $956.94. The tax parcel numbers are: #21-12-01-200-008 & #21-12-01-200-012. Grain Markets: There are a number of grain markets located within 15 miles of The Flewellyn Farm.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 21-12-01-200-012
  • 21-12-01-200-008
Land Assessment
$18,195 CAD
Improvements Assessment
$0 CAD
Total Assessment
$18,195 CAD
  • Listing ID: 30054738

  • Date on Market: 2023-11-14

  • Last Updated:

  • Address: Herman Road, Lee, IL 60530

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