Auction Information
Online Bidding SiteThe Cortland Farm Auction
Total Acres: There are a total of 80.785 acres according to a recent survey.
Tillable Acres: There are approximately 79.78 tillable acres, estimated.
Soil Types: Major soil types found on this farm include Elpaso silty clay loam and Danabrook silt loam.
Topography: The topography of the subject farm is level to nearly level.
Location Climate Growing Season: DeKalb County has a continental climate typical of north-central Illinois. The average length of the growing season is nearly 160 days. On average we expect about 2,750 growing degree days from April 15 through September 30. Annual precipitation averages about 35" with over 2/3 of this coming during the growing season. Snowfall averages about 36" per year. Prevailing winds are from the west and southwest. This climate, combined with the generally excellent soils in this area, provides a nearly ideal environment for the production ...
Location Climate Growing Season: DeKalb County has a continental climate typical of north-central Illinois. The average length of the growing season is nearly 160 days. On average we expect about 2,750 growing degree days from April 15 through September 30. Annual precipitation averages about 35" with over 2/3 of this coming during the growing season. Snowfall averages about 36" per year. Prevailing winds are from the west and southwest. This climate, combined with the generally excellent soils in this area, provides a nearly ideal environment for the production of corn and soybeans.
Mineral Rights: The buyer will receive and the seller will convey all mineral rights that the seller owns relating to the property.
Possession: Closing shall be on or before January 19th, 2021. The purchase agreement is between the seller and buyer only and cannot be assigned to a third party without the written consent of the seller. Possession is subject to the rights of any tenants in possession.
Financing: Mortgage financing is available from several sources. Names and addresses will be provided upon request.
Taxes: The 2019 real estate taxes totaled $4,529.26 . The tax parcel number is #09-21-300-001.
Grain Markets: There are a number of grain elevators located within 10 miles of The Cortland Farm.
Zoning: The subject property is currently zoned A-1, Agricultural.
Major Highways: Illinois Route 38 is 3/4 mile south, Interstate 88 is 1 1/2 miles south, Illinois Route 23 is 3 1/2 miles west, and Illinois Route 64 is 3 3/4 miles north of the property.
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ONLINE AUCTION - The auction platform is open for bidding. The auction closes December 16, 2020, beginning at 1 p.m. Central Time.
Auction Date: Dec 16, 2020 - 1:00 PM
Inspection Location: Please call to schedule an inspection.
Directions To Farm: From Illinois Route 38 in Cortland, go north on Somonauk Road 0.6 miles to E North Avenue. Turn east onto E North Avenue for 0.5 miles to arrive at the farm.
Location: The subject property is located approximately 40 miles west of Chicago O'Hare International Airport and is contiguous to the city of Cortland. Nearby cities include: DeKalb (1 mile west), Sycamore (2 3/8 miles north), and Elburn (10 3/8 miles east).
Frontage: There is approximately 1/4 mile of road frontage on E North Avenue.
Legal Description: A brief legal description indicates The Cortland Farm is located in the West Half of the Southwest Quarter of Section 21, Township 40 North Range 5 East (Cortland Township), DeKalb County, Illinois.