Veterans Parkway, Rochelle, IL 61068 - Ogle County

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 $23,450 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.