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26538540
26538541

W Court St, Monee, IL 60449 For Sale

MM
IL IL 471.010937, IA IA B60958000
Martin, Goodrich & Waddell Inc.
Listed by Martin, Goodrich & Waddell Inc.
$3,713,000
330 days on market
Updated 2 days ago

The Monee Farm

Details
Property Type Land
Sub Type Agricultural, Farm
Price Per Acre $39,500
Acreage 94.000
Zoning A-1

Land | 94 acres

Marketing description

Location: The subject farm is located approximately 39 miles south of Chicago O'Hare International Airport and is contiguous to Monee. Nearby cities include: University Park (1/2 mile north), Frankfort (2 1/2 miles northwest), and Peotone (5 1/2 miles southwest).

Frontage: There is approximately 1/2 mile of road frontage on W Court Street, 3/8 mile on Will Center Road, and 1/4 mile on S Kuersten Road.

Major Highways: Illinois Route 50 is 1 mile west, Interstate 57 is 1 5/8 miles west, Illinois Route 1 is 4 5/8 miles east, and U.S. Route 30 is 6 miles north of the property.

Legal Description: A brief legal description indicates the Monee Farm is located in Part of the Southwest Quarter of Section 22, Township 34 North – Range 13 East (Monee Township), Will County, Illinois.

Total Acres: There are a total of approximately 94 acres, estimated.

Tillable Acres: There are approximately 80 tillable acres, estimated.

Soil Types: Major soil types found on this farm include Frankfort silt loam and Ashkum silty clay loam.

Topography: The topography of the subject farm is level to nearly level.

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 $39,500 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 2025 real estate taxes are to be determined pending a parcel split. The property is currently part of tax parcel number #21-14-22-300-004-0000.

Grain Markets: There are a number of grain markets located within 15 miles of The Monee Farm.

Zoning: The property is zoned A-1, Agricultural.

Investment highlights

• Future development potential

• Contiguous to existing development

• In close proximity to Interstate 57

• Productive tillable acres

Listing Contacts

MM
IL IL 471.010937, IA IA B60958000
Martin, Goodrich & Waddell Inc.
Listed by Martin, Goodrich & Waddell Inc.

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Additional Information

Name
Mark Mommsen
License
IL 471.010937
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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