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IL-75 Durand, IL 61024

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289.99 acres of farmland with road frontage on Illinois Route 75.

Type:Land
Lot size:
289.99 Acres
Added:
Jun 24, 2024
Days on Market:
652
Last Refresh:
Mar 17 at 1:26 pm

Property Features for IL-75

General Information

Standard status
Active
Lot size
289.99 Acres
Property subtype
Land

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Listing Contact
Mark Mommsen

Listing agent Mark Mommsen License #IL 471.010937

Listing office Martin, Goodrich & Waddell Inc.

Listing date Jun 24, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Martin, Goodrich & Waddell Inc.


Overview

Illinois Farmland on Route 75

This agricultural property, known as The Route 75 Farm, comprises 289.99 acres as per a recent survey. It is located approximately 74 miles northwest of Chicago O'Hare International Airport, near Durand (4 1/2 miles west), Rockton (6 1/4 miles northeast), and Rockford (7 3/4 miles southeast). The property features approximately 7/16 mile of road frontage on Illinois Route 75, which forms its southern border. Other major highways in proximity include Illinois Route 70, located 3 1/2 miles southwest, and Illinois Route 2, situated 7 1/8 miles east. The land consists of approximately 278.87 tillable acres, according to the Winnebago County FSA. A portion of these tillable acres, specifically 20.43 acres, are enrolled in CRP with an annual contract payment of $5,064.00 through September 30, 2031. The topography of the farm is level. Major soil types include Comfrey loam, Kendall silt loam, and Beardstown loam. The property is zoned Agricultural Priority (AG). The north-south lane bisecting the property is under separate ownership, but an easement allows the owner of The Route 75 Farm to travel over and across the lane. There is also a separate easement that allows the owner of the land north of The Route 75 Farm to travel over and across the northerly 12 feet of The Route 75 Farm. The 2024 real estate taxes totaled $10, 019.14 . All mineral rights owned by the seller will be transferred to the new owner. Possession will be given at closing, subject to the terms and conditions in a purchase contract. There are a number of grain markets located within 15 miles of the property.
Location Intelligence

Current Use by Public Records

Agricultural land / Farmland

Map

City
Durand
County
Winnebago
State
Illinois
Longitude
-89.2932
Latitude
42.4382

FAQs

What type of property is this?
Agricultural land / Farmland - 289.99 acres of farmland with road frontage on Illinois Route 75.
Where is this agricultural land / farmland located?
The property is located at IL-75 Durand, IL.
What is the asking price?
The asking price for this property is $3,117,393.
What are key features of this property?
This property features: 278.87 tillable acres of cropland, providing significant agricultural potential; All mineral rights owned by the seller will transfer to the new owner; 20.43 acres enrolled in CRP with an annual contract payment of $5,064.00 through September 30, 2031
More about this property
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