Description
Priced at $14,900.00/Acre, this is a great opportunity to purchase a large tract of land, all in one parcel that has been extremely well maintained. Containing 331.6 acres MOL., with approx. 319 Acres tillable. Seller to provide survey. Farm is a very good productive farm with a 125.6 PI, and has had the terraces and tiles maintained well. The main frontage on this farm is on N. Moore Rd., Lindenwood IL. Soil types include Plano, Elburn, Saybrook and others. Owner will cooperate with a Starker 1031 Exchange. Land is rented for 2024, with that lease being assigned to the Buyer at closing. Owner may consider a division into 2 parcels..
Property Highlights
Property Type: Land - Farm
Total Acres: 331.60 Acres
General Information
County: Ogle
High School: Rochelle Township High School
Listed By:
Bearrows Real Estate & Auction Co
815-562-5113
MRED MLS
MLS ID: 11944481
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000 N Moore Road, Lindenwood, IL 61049.
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| Loan Type | FHA 30 Year Fixed | 30 yr Jumbo |
| Purchase Price | $4,941,000 | $4,941,000 |
| Down Payment | $172,935 | $988,200 |
| Monthly Mortgage Amount | $29,478 | $24,018 |
| Taxes | $6876 | $6876 |
| Insurance | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 |
| Monthly Mortage Insurance | $2,964 | $0 |
| Monthly Estimated Total | $40,759 | $32,335 |