Il-64 Clare, IL 60111

Property Details for 0 Il-64

Lot size

533.17 lot acres

Property type

Land

Property subtype

Farms

Description

The Henke Farm, a premier 533.17-acre agricultural property in DeKalb County, Illinois, presents a unique investment opportunity. Strategically located approximately 44 miles west of Chicago O'Hare International Airport, this expansive tract boasts approximately 522.25 tillable acres, ideal for farming operations. The property enjoys significant road frontage along Illinois Route 64 (approximately 1 1/8 miles), South Mayfield Road (1/4 mile), and Glidden Road (1/16 mile), ensuring convenient access. Its proximity to major highways, including Illinois Routes 38, 23, and 72, further enhances its logistical advantages. The soil composition comprises primarily Drummer silty clay loam, Kaneville silt loam, and Virgil silt loam, known for their agricultural productivity. The land exhibits a level to nearly level topography, simplifying cultivation. All mineral rights owned by the seller are included in the sale. The property is zoned A1-Agricultural District and is comprised of parcels #05-28-300-001, Part of #05-29-400-001, #05-30-200-005 & #05-32-100-002. The asking price is $9,037,232 ($16,950 per acre), with a 10% earnest money deposit required. Mortgage financing is available. 2024 real estate taxes are to be determined following a parcel split of an approximately 21-acre building site. Numerous grain markets are located within a 15-mile radius. Possession will be granted at closing, subject to the purchase contract's terms.

Location Insight

City

Clare

County

DeKalb

State

Illinois

Longitude

-88.7829

Latitude

42.0013