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U.S. 45
Peotone, IL 60468
The Peotone West 45/52 Farm · Land For Sale
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146.07 AC
Executive Summary
• Productive cropland
• High percentage tillable
• US 45/52 frontage near Peotone, IL
Property Facts
| Sale Type | Investment or Owner User | Proposed Use | Agricultural |
| No. Lots | 1 | Total Lot Size | 146.07 AC |
| Property Type | Land | Cross Streets | W Wilmington-Peotone Road |
| Property Subtype | Agricultural | ||
| Zoning | A-1 - Agricultural | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | Agricultural |
| Total Lot Size | 146.07 AC |
| Cross Streets | W Wilmington-Peotone Road |
| Zoning | A-1 - Agricultural |
1 Lot Available
Lot
| Price | $3,152,732 CAD | Lot Size | 146.07 AC |
| Price Per AC | $21,583.71 CAD |
| Price | $3,152,732 CAD |
| Price Per AC | $21,583.71 CAD |
| Lot Size | 146.07 AC |
The farm's GPS coordinates are 41.323459, -87.882011, and can be copied and pasted into a mapping application for directions.
Description
Location: The subject farm is located approximately 45 miles south of Chicago O'Hare International Airport. Nearby cities include: Peotone (3 miles east), Manteno (3 5/8 miles southeast), and Manhattan (5 1/4 miles northwest). Frontage: There is approximately 1/2 mile of road frontage on US Route 45/52 and 3/8 mile of road frontage on W Wilmington-Peotone Road. Major Highways: US Route 45/52 is the east border of the property, Interstate 57 is 3 miles southeast, and Illinois Route 102 is 9 miles southwest of the property. The Interstate 57 / W Wilmington-Peotone Road interchange is 3 1/8 miles east of the property. Legal Description: A brief legal description indicates The Peotone West 45/52 Farm is located in Part of the Northeast Quarter of Section 30, Township 33 North - Range 12 East (Peotone Township), Will County, Illinois. Total Acres: There are a total of 146.07 acres, more or less, according to the Will County Assessor. Tillable Acres: There are approximately 141.39 tillable acres according to the Will County FSA. Soil Types: Major soil types found on this farm include Elliott silt loam and Varna silt loam. The weighted average Productivity Index (PI) is 120.2. Topography: The topography of the subject farm is level to gently rolling. 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 $15,300 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 $3,634.74. The tax parcel numbers are #17-20-30-200-004-0000 & #17-20-30-200-006-0000. Grain Markets: There are a number of grain markets located within 15 miles of The Peotone West 45/52 Farm. Zoning: The property is zoned A-1, Agricultural. Comments: Well-located property just west of the Interstate 57 / W Wilmington-Peotone Road interchange, and on US Route 45/52. The Seller will consider offers on less than the entire property.
