Property
$450,26461.68 Acres
Off Market
Off Market
$450,26461.68 Acres
Off Market

South 88th Avenue, Peotone, IL 60468 - Will County

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Property ID 5869245

The Peotone Farm

Total Acres: There are a total of 61.68 acres, more or less, according to the Will County Assessors Office.

Tillable Acres: There are approximately 58 tillable acres, estimated.

Soil Types: Major soil types found on this farm include Pella silty clay loam and Ashkum silty clay loam.

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 $7,300 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 2017 real estate taxes totaled $1,292.02. The tax parcel numbers are #17-20-27-200-006-0000 & #17-20-27-400-010-0000.

Grain Markets: There are a number of grain markets located within 10 miles of The Peotone Farm.

Zoning: The Peotone Farm is zoned Agricultural (A-1S).

From elevation to risk assessment

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Directions

Location: The subject farm is located approximately 45 miles south of Chicago O'Hare International Airport. Nearby villages include: Peotone (7/16 mile east), Monee (5 7/8 miles northeast), and Frankfort (10 5/16 miles north).

Frontage: There is ingress and egress access from S 88th Avenue.

Major Highways: Interstate 57 is 3/8 mile east, Illinois Route 50 is 1 1/2 miles east, and U.S. Route 45/52 is 2 1/2 miles west of the property.

Legal Description: A brief legal description indicates The Peotone Farm is located in Part of the East Half of Section 27, Township 33 North Range 12 East (Peotone Township), Will County, Illinois.

Contact Seller
Martin, Goodrich & Waddell, Inc.
(815) 938-0764
Listing provided by
Mark Mommsen
Martin, Goodrich & Waddell, Inc.(815) 938-0764
Listing last updated: February 5, 2022 at 5:15 PM
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