Route 38
Rochelle, IL 61068
The Route 38 Farm · Land For Sale · 351.94 AC

Location: The subject farm is located approximately 58 miles west of Chicago O’Hare International Airport and is within the city of Rochelle. Nearby cities include: DeKalb (12 1/2 miles east), Rockford (16 1/4 miles north), and Dixon (20 5/8 miles southwest). Frontage: There is approximately 5/8 mile of road frontage on Illinois Route 38 and 3/8 mile on Caron Road. Major Highways: Illinois Route 38 is the north border of the property, Interstate 39/U.S. Route 51 is 3/4 mile east, Interstate 88 is 1 1/2 miles south, and Illinois Route 64 is 5 miles north of the property. Legal Description: A brief legal description indicates The Route 38 Farm is located in Part of Section 19, Township 40 North – Range 2 East (Dement Township), Ogle County, Illinois. Total Acres: There are a total of 351.94 acres, more or less, according to the Ogle County Assessor’s Office. Tillable Acres: There are approximately 340.99 tillable acres according to the Ogle County FSA. Soil Types: Major soil types found on this farm include Drummer silty clay loam and Hooppole loam. Price Terms: The asking price is $16,500 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 $15,177.26. The tax parcel numbers are #25-19-126-003, #25-19-200-004, #25-19-200-006, and #25-19-200-007. Zoning: Property is zoned B2 (Commercial - Highway), R5 (Multi-Family High Density Residential), RD (Rural Development), and PUD-I (Planned Unit Development - Industrial). Comments: Excellent development potential. Owner will consider offers on less than the entire parcel.