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NEQ OF I-88 & ROUTE 25
Rochelle, IL 61068
The Rochelle Farm · Land For Sale
·
53.00 AC


Executive Summary
• Productive tillable acres
• Zoned R-5, Multi-Family,
High-Density Residential
• Near I-88 & I-39 in Rochelle, IL
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Agricultural |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 53.00 AC |
| Zoning | R-5 - Multi-Family, High-Density Residential. | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | |
| Total Lot Size | 53.00 AC |
| Zoning | R-5 - Multi-Family, High-Density Residential. |
1 Lot Available
Lot
| Price | $1,406,327 CAD | Lot Size | 53.00 AC |
| Price Per AC | $26,534.47 CAD |
| Price | $1,406,327 CAD |
| Price Per AC | $26,534.47 CAD |
| Lot Size | 53.00 AC |
Description
Location: The subject farm is located approximately 60 miles west of Chicago O'Hare International Airport and is within the City of Rochelle. Nearby cities include: DeKalb (13 3/4 miles west), Rockford (17 miles north), and Byron (17 miles northwest). Frontage: There is approximately 1/4 mile of road frontage on Veterans Parkway. Major Highways: Illinois Route 251 is 1/4 mile west, Interstate 88 is 5/16 mile south, Interstate 39 is 1 7/8 miles east, Illinois Route 38 is 1 miles northwest. Rochelle is at the intersection of Interstates I-39 Logistics and Distribution Corridor and the I-88 Research and Development Corridor. Legal Description: A brief legal description indicates The Rochelle Farm is located in Part of the South Half of Section 25, Township 40 North Range 1 East (Flagg Township), Ogle County, Illinois. Total Acres: There are a total of 53 acres, more or less, according to the Ogle County Assessor. Tillable Acres: There are approximately 50.89 tillable acres according to the Ogle County FSA. Soil Types: Major soil types found on this farm include Drummer silty clay loam and Hooppole 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 $19,450 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 $3,652.44. The tax parcel number is #24-25-451-002. Grain Markets: There are a number of grain markets located within 15 miles of The Rochelle Farm. Zoning: The property is zoned R-5, Multi-Family, High-Density Residential.
Property Taxes
| Parcel Number | 24-25-451-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $58,148 CAD | Total Assessment | $58,148 CAD |
