438 Acre Cortland Farms
|Address:||Multiple Cortland IL 60112|
|Gross Land Area:||438 Total Acres|
|Property Type:||Vacant Farm Land|
|Possible Uses:||Agricultural Production/Future Development|
|Unit Price:||$10,500 per acre|
|Productivity Index (PI):||136.5|
|Buildings:||There are no buildings on these farms.|
|Utilities:||Utilities are near the site|
For more information contact:
Goodwin & Associates Real Estate, LLC
is an AGENT of the SELLERS.
** Sold **
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Property OverviewThe 438 acre Cortland Farms is located in Dekalb County. Cortland is east of Dekalb (home of Northern Illinois University) along IL Rt. 38. and is approximately 40 miles to the west of Chicago O'Hare International Airport. There are four parcels totaling 481 acres. All four parcels are class A farms with an average soil PI of 136.5. The towns of Cortland, Dekalb, Maple Park.and Sycamore provide many restaurant and entertainment choices.
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|Listing Name:||481 Acre Cortland Farms|
|Tax ID Number/APN:||09-28-100-026 (Parcel 1)
09-20-200-011 (Parcel 2)
09-21-100-001 (Parcel 2)
09-28-200-005 (Parcel 3)
09-27-100-005 (Parcel 3)
09-27-100-006 (Parcel 3)
09-27-226-006 (Parcel 3)
09-26-100-001 (Parcel 4)
09-27-226-007 (Parcel 4)
09-22-400-004 (Parcel 4)
09-23-300-002 (Parcel 4)
|Possible Uses:||Agriculture and Possible Development|
Area & Location
|School District:||Parcels 1 & 2 are in the Dekalb Community Unit School District #428
Parcels 3 & 4 acre in the Kaneland Community Unit School District #302
|Market Type:||Rural Residential|
|Location Description:||The 481 acre Cortland Farms is located approximately 40 miles to the west of Chicago Ohare International Airport, within the towns of Cortland in Cortland Township, Dekalb County. Dekalb and Sycamore provide many restaurant and entertainment choices.
The Dekalb Taylor Municipal airport is with in a few miles of the farmland.
|Site Description:||These farms are mostly flat with an excellent soil PI of 136.5. The 481 acres are separated into four groups of farms with in 5 square miles.
Parcel 1 is 63.77 acre with frontage on Rt. 38
Parcel 2 is 88.9 acres with frontage on E.Cortland Center Rd.
Parcel 3 is 175.9 acres with frontage on E. North Ave & Airport Rd
Parcel 4 is 161.6 acres with frontage on the west side of Airport Rd.
|Highway Access:||Illinois Route 38 is located on the south of Parcel 1, Interstate 88 is 1 mile to the south, Illinois Route 23 is 2 1/4 miles west, Illinois route 64 is 4 1/2 miles north and Illinois Route 47 is 11 1/2 miles east.|
|Road Type:||The roads are all asphalt blacktop.|
|Property Visibility:||The 481 acre Cortland farm has high visibility with approximately 3000 - 8300 cars passing daily.|
|Largest Nearby Street:||State Route 38 Borders Parcel 1 on the south.|
|Transportation:||The Dekalb Taylor Regional Airport is a few miles to the west of the farms. Chicago O'Hare International Airport is 40 miles to the east and there is a Metra Train Station in Elburn, IL. less than 20 minutes to the east.|
|Lot Frontage (Feet):||Parcel 1 has 800 feet along Route 38
Parcel 2 has 2700 feet along Cortland Center Road and 400 feet along Samonauk Road
Parcel 3 has 3900 feet along E North Ave.
Parcel 4 has 2200 feet along Airport Road
|Tillable Acres:||FSA records are showing 481 tillable acres. Ask broker for FSA 156EZ & Maps.|
|Lot Depth:||Parcel 1 is 2735 feet deep north to south
Parcel 2 is 2762 feet from west to east
Parcel 3 is 2200 feet from north to south
Parcel 4 is 2400 feet from north to south
|Buildings:||There is a single silo on parcel #4 with a concrete pad. Parcel #2 has two irrigation systems. No other buildings found on these acres.|
|Flood Plain or Wetlands:||According to the Surety website there are no FEMA flood zones or more than 2 acres of wetlands on the 481 acres.|
|Topography:||These farms are flat to gently rolling.|
|FSA Data:||Parcel #1 Total Taxable acres 63.77
Cropland acres 65.16
Corn base 43.35 acres, 164 bu/ac PLC Yield
Soybean base 21.4 acres, 50 bu/ac PLC Yield
Parcel #2 8.9 Total acres
Cropland acres (includes 10 additional acres) 98.37
Corn base 67.57 acres, 160 bu/ac PLC Yield
Soybean base 29.42 acres, 52 bu/ac PLC Yield
Parcel 3 & 4 are combined 337.5 total acres
Cropland acres 327.75
Corn base 237.7 acres, 178 bu/ac PLC Yield
Soybean base 39.1 acres, 53 bu/ac PLC Yield
Wheat base 44.9 acres, 52 bu/ac PLC Yield
|Soil Type:||Danabrook Silt Loam (512B)
Drummer Silty Clay Loam (152A)
Catlin Silt Loam (171B)
Flanagan Silt Loam (154A)
Bowes Silt Loam (792B)
|Soil Fertility:||Soil fertility levels are average to above average. Ask broker for details.|
|Available Utilities:||Electric is available|
|Finance Data Year:||2019 paid in 2020|
|Real Estate Taxes:||Real estate taxes are estimated by the county of Dekalb to be $28,122.18.
|Investment Amount:||The farms are being offered at $10,500 per acre for a total of $5,050,500.|
MARK GOODWIN PROFESSIONAL BIOGRAPHY
It is difficult to find a real estate professional that specializes in Illinois Land Brokerage. Our services area includes Kendall County, Grundy County, Kane County, LaSalle County, Kankakee County, Livingston County, Ford County,Bureau, Henry County, Kane County, Dekalb County, Lake County, Iroquois County, Vermilion County, Kankakee County, and Cook County. Illinois Land Brokerage is a very specialized segment of the real estate brokerage industry. Knowledgeable Land Brokers are difficult to find. Many agents can sell a farm, but how many have the experience and qualifications of Goodwin and Associates?
Mark Goodwin is a Illinois Land Broker who can advise you about your land asset. It takes an experienced Illinois Land Broker to understand how best to market your land asset or find the property that best fits the investors needs or desires. Goodwin and Associates is the Land Broker for you in Illinois. We can help you with the marketing of your farm, residential development land, industrial land and commercial land or help with the selection of farmland, commercial land, retail land, industrial land, residential development land, residential lots, industrial lots and commercial lots. We are here to help you reach your goals.