Rochelle, IL Ogle Country Land 125. acre for sale in Rochelle, IL

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Location: The property is located 60 miles west of Chicago O'Hare International Airport and is within the city of Rochelle. Rochelle is 30 minutes from Rockford - the second largest city in Illinois - and less than 90 minutes from downtown Chicago.

Frontage: There is approximately 1/2 mile of road frontage on Interstate 88, 1/4 mile on Main Street, and 1/4 mile on Steward Road.

Major Highways: Illinois Route 251 is 3/4 mile west, Interstate 39 is 1 1/4 mile east, Illinois Route 38 is 2 miles north, and Interstate 88 intersects the property.

Legal Description: A brief legal description indicates The Ogle County Crossroads Property is located in Part of the North Half of Section 31, Township 40 North - Range 2 East (Dement Township), in Ogle County, Illinois.

Total Acres: There are approximately 125.9 acres, more or less, according to the Ogle County Assessor's Office.

Tillable Acres: There are approximately 110.33 tillable acres according to the Ogle County FSA.

Soil Types: Ashdale silt loam is the primary soil type on this property.

Topography: The topography of the subject property is level to nearly level.

Price and Terms: The asking price is $39,900 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 2016 real estate taxes totaled $3,383.54. The tax parcel numbers are #25-31-100-006 and #25-31-200-015.

Comments: Immediate access and visibility on Interstate 88, which intersects the property. Close proximity to Interstate 39 Logistics Corridor, Union Pacific Intermodal facility, and the 2nd largest UPS air hub in the nation. With Foreign Trade Zone status, BNSF rail to the property, tax abatement incentive, low electric rates, and a strong labor pool this property is an excellent investment opportunity.

  • Price: $5,023,410

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