31515 Lanan Road, Kingston, IL 60145

Listing Agency: Martin, Goodrich & Waddell Inc.

Listed By: Mark Mommsen · License IA B60958000 Show Phone

Source: Crexi

Added: Oct 23 Changed: Nov 8 Last Checked: Nov 8 at 4:35PM

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Investment Insights

Based on property information with market context.

This 160-acre farm in Kingston Township, DeKalb County, includes approximately 150.82 cropland acres. Of that acreage, 3.68 acres are in waterways and 4.90 acres are enrolled in CRP through September 30, 2034, with an annual contract payment of $1,314. The primary soil type is Parr silt loam, and the weighted average Productivity Index is 120.2. Terrain ranges from level to gently rolling. Seller-owned mineral rights transfer to the buyer, and possession is provided at closing subject to the purchase contract. The property is zoned A-1, Agricultural District.

The farm has approximately one-half mile of frontage along Lanan Road. Illinois Route 72 is one-half mile north; Illinois Route 23 is 4 miles east; Illinois Route 64 is 5 3/4 miles south; and I-90 is 8 1/2 miles northeast. Grain markets are located within 15 miles, and Chicago O'Hare International Airport is approximately 44 miles southeast.

Key Highlights

• 160 acres, with approximately 150.82 cropland acres
• 4.90 acres enrolled in CRP through September 30, 2034; annual payment of $1,314
• Weighted average Productivity Index of 120.2; Parr silt loam is the primary soil type

Property Analytics

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Open Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

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Demographics for 60145, IL

2,350

Population

870

Households

2.7

Avg Household Size

42

Median Age

20%

College-Educated

95%

High-School Grad

33.8 sq mi

ZIP Area

70

Density / Sq Mi

$88,750

Median Household Income

$54,167

Median Earnings

$812

Median Rent

$251,800

Median Home Value

Frequently Asked Questions

What type of property is this?

Agricultural land / Farmland - A-1 agricultural land includes extensive cropland, road frontage, and mineral rights conveyed with the sale.

Where is this agricultural land / farmland located?

The property is located at 31515 Lanan Road Kingston, IL.

What is the asking price?

The asking price for this property is $2,048,000.

What are key features of this property?

This property features: 160 acres, with approximately 150.82 cropland acres; 4.90 acres enrolled in CRP through September 30, 2034; annual payment of $1,314; Weighted average Productivity Index of 120.2; Parr silt loam is the primary soil type