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 2024 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.