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Property profile & analytics
OFF-MARKET
Land

0 1St St DeKalb, IL 60115

159.16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 159.155-acre agricultural property in DeKalb County, Illinois, presents a unique investment opportunity. Located conveniently near DeKalb, Sycamore, Rochelle, and Elburn, the farm boasts approximately 153.74 tillable acres (151.69 currently leased) with major soil types including Flanagan silt loam, Elpaso silty clay loam, Danabrook silt loam, and Parr silt loam. The gently rolling topography is ideal for farming, and the property benefits from approximately 7/16 mile of road frontage on N 1st St, with easy access to Illinois Routes 23, 38, and 64, and Interstate 88. The property includes two pole buildings and a grain bin, sold as-is. All mineral rights transfer to the new owner. A recent survey is available upon request. The property is zoned A-1 (Agricultural District) and has a 2023 tax assessment of $8,293.88. The asking price is $3,063,734 ($19,250 per acre). A 10% earnest money deposit is required with any offer. Mortgage financing options are available. The legal description indicates the farm is located in Part of Section 11, Township 40 North Range 4 East (DeKalb Township), DeKalb County, Illinois, with tax parcel numbers: #08-11-100-038, #08-11-100-037, #08-11-451-027, #08-11-375-013, #08-11-375-014, and #08-11-301-007. Numerous grain markets are within a 15-mile radius. Possession is granted at closing, subject to purchase contract terms. This high-quality farmland offers significant potential for future development.

Property profile
Verified
Property type Land
Lot 159.16 ac (6,932,792 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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