U.S. Route 45, Peotone, IL 60468 For Sale

Location: The subject farm is located approximately 45 miles south of Chicago O'Hare International Airport. Nearby cities include: Peotone (3 miles east), Manteno (3 5/8 miles southeast), and Manhattan (5 1/4 miles northwest).

Frontage: There is approximately 1/2 mile of road frontage on US Route 45/52 and 3/8 mile of road frontage on W Wilmington-Peotone Road.

Major Highways: US Route 45/52 is the east border of the property, Interstate 57 is 3 miles southeast, and Illinois Route 102 is 9 miles southwest of the property. The Interstate 57 / W Wilmington-Peotone Road interchange is 3 1/8 miles east of the property.

Legal Description: A brief legal description indicates The Peotone West 45/52 Farm is located in Part of the Northeast Quarter of Section 30, Township 33 North - Range 12 East (Peotone Township), Will County, Illinois.

Total Acres: There are a total of 146.07 acres, more or less, according to the Will County Assessor.

Tillable Acres: There are approximately 141.39 tillable acres according to the Will County FSA.

Soil Types: Major soil types found on this farm include Elliott silt loam and Varna silt loam. The weighted average Productivity Index (PI) is 120.2.

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 $15,300 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 2024 real estate taxes totaled $3,634.74. The tax parcel numbers are #17-20-30-200-004-0000 & #17-20-30-200-006-0000.

Grain Markets: There are a number of grain markets located within 15 miles of The Peotone West 45/52 Farm.

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

Comments: Well-located property just west of the Interstate 57 / W Wilmington-Peotone Road interchange, and on US Route 45/52. The Seller will consider offers on less than the entire property.