Location: The subject farm is located approximately 48 miles southwest of Chicago O'Hare International Airport. Nearby cities include: Waterman (1 1/2 miles northwest), Shabbona (2 3/8 miles west), and DeKalb (9 miles north).
Frontage: There is approximately 3/8 mile of road frontage on Leland Road.
Major Highways: U.S. Route 30 is 3/4 mile north, Illinois Route 23 is 3 miles east, and Interstate 39/U.S Route 51 is 10 miles west of the property.
Legal Description: A brief legal description indicates The Ho-Ka Farm is located in Part of the East Half of Section 19 and Part of the West Half of Section 20, all in Township 38 North Range 4 East (Clinton Township), DeKalb County, Illinois.
Total Acres: There are a total of 120 acres, more or less, according to the DeKalb County Assessor.
Acreage Overview: There are approximately 66.37 cropland acres, according to the DeKalb County FSA. ...
Acreage Overview: There are approximately 66.37 cropland acres, according to the DeKalb County FSA. The following approximate, estimated acreages comprise the balance of the property: 31.5 acres in grass and woods, 16 acres of building site, and 4.5 acres in lagoons.
Soil Types: Major soil types found on this farm include: Catlin silt loam, Wingate silt loam, and Elpaso 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 $11,850 per acre. 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 2022 real estate taxes for PIN #14-20-100-001 (60 acres including the home and outbuildings) totaled $15,499.38. The 2023 total assessment for this PIN decreased by 31.5% from 2022, according to the DeKalb County Assessor, which will be reflected in the 2023 tax bill.
The 2022 real estate taxes for PIN #14-19-200-004 (60 acres of bare land) totaled $1,878.24.
Grain Markets: There are a number of grain markets located within 15 miles of The Ho-Ka Farm.
Zoning: The property is zoned A1 Agriculture.
Improvements: The property includes a building site with a single family home and a number of outbuildings located at 8519 Leland Road, Waterman, IL 60556. All improvements are being sold as-is.
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationThe farm's GPS coordinates are 41.756368, -88.807322 and can be copied and pasted into a mapping application for directions.
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