Malta Road - The Malta Road Farm 155.02 Acres of Agricultural Land Offered at $2,224,537 in Clare, IL 60111

Location: The subject farm is located approximately 49 miles west of Chicago O'Hare International Airport. Nearby cities include: Kirkland (5 miles north), DeKalb (6 miles southeast), and Rochelle (8 miles southwest). Frontage: There is approximately 3/8 mile of road frontage Malta Road. Major Highways: Illinois Route 64 is 1/2 mile south, Illinois Route 72 is 5 miles north, and Interstate 39/U.S. Route 51 is 6 7/8 miles west of the property. Legal Description: A brief legal description indicates The Malta Road Farm is located in Part of the Southwest Quarter of Section 22, Township 41 North – Range 3 East (South Grove Township), DeKalb County, Illinois. Total Acres: There are a total of 155.02 acres, more or less, according to the DeKalb County Assessor. Tillable Acres: There are approximately 144.75 cropland acres according to the DeKalb County FSA. There are 144 acres leased for the 2026 crop year. Soil Types: Major soil types found on this farm include Catlin silt loam and Danabrook silt loam. The weighted average Productivity Index (PI) is 130.4. Topography: The topography of the subject farm 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. Price Terms: The asking price is $14,350 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 totaled $6,781.48. The tax parcel number is #04-22-300-002. Grain Markets: There are a number of grain markets located within 15 miles of The Malta Road Farm. Zoning: The property is zoned A-1, Agricultural.