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26728691
26728692

Veterans Pkwy, Rochelle, IL 61068 For Sale

MM
IL IL 471.010937, IA IA B60958000
Martin, Goodrich & Waddell Inc.
Listed by Martin, Goodrich & Waddell Inc.
$1,030,850
327 days on market
Updated 5 days ago

The Rochelle Farm

Details
APN 24-25-451-002
Property Type Land
Sub Type Agricultural, Residential
Price Per Acre $23,450
Broker Co-Op Yes
Acreage 53.000
Zoning R-5, Multi-Family, High-Density Residential

Land | 53 acres

Marketing description

Location: The subject farm is located approximately 60 miles west of Chicago O'Hare International Airport and is within the City of Rochelle. Nearby cities include: DeKalb (13 3/4 miles west), Rockford (17 miles north), and Byron (17 miles northwest).

Frontage: There is approximately 1/4 mile of road frontage on Veterans Parkway.

Major Highways: Illinois Route 251 is 1/4 mile west, Interstate 88 is 5/16 mile south, Interstate 39 is 1 7/8 miles east, Illinois Route 38 is 1 miles northwest. Rochelle is at the intersection of Interstates I-39 Logistics and Distribution Corridor and the I-88 Research and Development Corridor.

Legal Description: A brief legal description indicates The Rochelle Farm is located in Part of the South Half of Section 25, Township 40 North – Range 1 East (Flagg Township), Ogle County, Illinois.

Total Acres: There are a total of 53 acres, more or less, according to the Ogle County Assessor.

Tillable Acres: There are approximately 50.89 tillable acres according to the Ogle County FSA.

Soil Types: Major soil types found on this farm include Drummer silty clay loam and Hooppole loam.

Topography: The topography of the subject farm is 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 $19,450 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 totaled $3,794.36. The tax parcel number is #24-25-451-002.

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

Zoning: The property is zoned R-5, Multi-Family, High-Density Residential.

Investment highlights

• Excellent development potential

• Productive tillable acres

• Zoned R-5, Multi-Family, High-Density Residential

• Near I-88 & I-39 in Rochelle, IL

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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