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2014 W Il Route 120
McHenry, IL 60051
The Route 120 Farm · Land For Sale
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110.70 AC
PROPERTY FACTS
DESCRIPTION
Location: The subject farm is located approximately 30 miles northwest of Chicago O'Hare International Airport and is contiguous to the City of McHenry and the Village of Lakemoor. The property address is 2014 W IL Route 120, McHenry, IL 60051. Frontage: There is approximately 1/8 mile of road frontage on Illinois Route 120 and 3/8 mile on N Chapel Hill Road. Major Highways: Illinois Route 120 is the southerly border of the property, Illinois Route 31 is 1 1/2 miles west, and U.S. 12/Illinois Route 59 is 3 miles east of the property. Legal Description: A brief legal description indicates The Route 120 Farm is located in Part of the Southwest Quarter of Section 30 and Part of the Northwest Quarter of Section 31, Township 45 North – Range 9 East (McHenry Township), McHenry County, Illinois. Total Acres: There are a total of 110.71 acres, more or less, according to the McHenry County Assessor’s Office. Tillable Acres: There are approximately 107.98 tillable acres according to the McHenry County FSA. Soil Types: The primary soil type on this farm is Fox silt loam. The Weighted Average Corn Yield Index is 142.4 bu/ac and the Productivity Index is 103.7. Topography: The topography of the subject farm is level to gently rolling. Price Terms: The asking price is $25,000 per acre. The owners are seeking a cash sale. 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 2017 real estate taxes totaled $5,357.00. The tax parcel numbers are #10-30-300-006 & #10-31-101-012. Grain Markets: There are a number of grain markets located within 15 miles of The Route 120 Farm. Zoning: The Route 120 Farm is currently zoned R-1 Single-Family Residential District, R-3 Multifamily Residential District, and B-3 General Business District. Comments: Excellent future development potential. Property includes a house with outbuildings.
PROPERTY TAXES
| Parcel Number | 10-30-300-006 | Improvements Assessment | $0 |
| Land Assessment | $33,216 | Total Assessment | $33,216 |
PROPERTY TAXES
