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34393624
34393625

Interstate 90, Hampshire, IL 60140 For Sale

MM
IL IL 471.010937, IA IA B60958000
Martin, Goodrich & Waddell Inc.
Listed by Martin, Goodrich & Waddell Inc.
$4,910,028
4 days on market
Updated 4 days ago

The Interstate 90 Farm

Details
Property Type Land
Sub Type Agricultural, Farm
Acreage 395.970

Land | 395.97 acres

Marketing description

Location: The subject farm is located approximately 35 miles northwest of Chicago O’Hare International Airport. Nearby cities include: Hampshire (1 1/4 miles southeast), Marengo (1 5/8 miles northwest), and Huntley (3 5/8 miles east).

Frontage: There is approximately 1 1/4 miles of road frontage on Interstate 90, 5/16 mile on Immelman Lane, and 1/4 mile on Getty Road.

Major Highways: Interstate 90 is the north border of the property, Illinois Route 23 is 2 1/8 miles northwest, U.S. Route 20 is 1 3/8 miles northeast, and Illinois Route 72 is 4 1/4 miles south of the property.

Legal Description: A brief legal description indicates The Interstate 90 Farm is located in Part of the Northwest Quarter of Section 5, Township 42 North – Range 6 East (Hampshire Township), Kane County, Illinois and Part of the East Half of Section 31 and Part of the South Half of Section 32, Township 43 North – Range 6 East (Coral Township), McHenry County, Illinois.

Total Acres: There are a total of 395.97 acres, more or less, according to the McHenry County & Kane County Assessors.

Tillable Acres: There are approximately 380.64 cropland acres according to the McHenry County FSA.

Soil Types: Major soil types found on this farm include Hooppole loam, Warsaw loam, and Kane silt loam. The weighted average Productivity Index (PI) is 118.8.

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 $12,400 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 $12,239.38. The Kane County tax parcel numbers are: #01-05-100-001 & #01-05-100-040. The McHenry County tax parcel numbers are: #17-31-400-003, #17-32-300-009, #17-32-300-011 & #17-32-400-022.

Grain Markets: There are a number of grain markets located within 15 miles of The Interstate 90 Farm.

Zoning: The property is zoned A1 - Agricultural (McHenry County) & F - Farming District (Kane County).

Investment highlights

• Productive cropland

• High percentage tillable

• Interstate 90 frontage near US-20 & IL -23

• In close proximity to Hampshire & Marengo, 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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