Location: The subject property is located approximately 68 miles northwest of Chicago O'Hare International Airport. Nearby cities include: Rockford (5/8 mile northeast), Winnebago (2 1/4 miles west), and Byron 9 3/4 miles southwest).
Frontage: There is approximately 1/16 mile of road frontage on Business U.S. Route 20/W State Street.
Major Highways: Business U.S. Route 20 is the south border of the property, Bypass U.S. Route 20 is 1/4 mile southwest, and Interstate 39 is 10 1/8 miles southeast of the property.
Legal Description: A brief legal description indicates The Route 20 Rockford Property is located in Part of the Southeast Quarter of Section 2, Township 26 North – Range 11 East (Winnebago Township), Winnebago County, Illinois.
Total Acres: There are a total of 12.63 acres, more or less, according to the Winnebago County Assessor’s Office.
Tillable Acres: There are approximately 7 acres, estimated, that are currently in tillable crop production.
Soil Types: The primary soil type on this property is Winnebago silt loam.
Topography: The topography of the subject property is level to gently rolling.
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.
Financing: Mortgage financing is available from several sources. Names and addresses will be provided upon request.
Taxes: The 2017 real estate taxes totaled $481.36. The tax parcel numbers are #14-02-401-012, #14-02-401-013, and #14-02-401-014.
Grain Markets: There are a number of grain markets located within 15 miles of The Route 20 Rockford Property
Zoning: There are approximately 2.48 acres along the southern property line that are zoned CG Commercial General. The remaining acreage is zoned AG - Agricultural Priority.
Price Terms: The asking price is $99,000. The owners are seeking a cash sale. A 10% earnest money deposit should accompany any offer to purchase.
