The Shaver Property
Location: The subject property is located approximately 94 miles southwest of Chicago O'Hare International Airport and is within the city of Sterling. Nearby cities include: Rock Falls (1 1/8 miles south), Dixon (10 1/2 miles east), and Morrison (11 1/2 miles west).
Frontage: There is approximately 1/8 mile of road frontage on Woodburn Avenue and 1/32 mile on W 11th Street.
Major Highways: Illinois Route 40 is 3/4 mile east, Illinois Route 2 is 1 mile southeast, U.S. Route 30 is 1 5/8 miles south, and Interstate 88 is 3 1/8 miles south.
Legal Description: A brief legal description indicates The Shaver Property is located in Part of the Northeast Quarter of Section 20, Township 21 North Range 7 East (Sterling Township), Whiteside County, Illinois.
Total Acres: There are a total of 12.61 acres, more or less, according to the Whiteside County Assessor.
Tillable Acres: There are approx...
Tillable Acres: There are approximately 11 tillable acres, estimated.
Soil Types: Major soil types found on this property include Elburn silt loam, Drummer silty clay loam and Elburn-Urban land complex.
Topography: The topography of the subject property is level.
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 $18,500 per acre ($233,285 total). 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 $2,541.80. The tax parcel numbers are: #11-20-204-012, #11-20-253-011 & #11-20-253-012.
Grain Markets: There are a number of grain markets located within 15 miles of The Shaver Property.
Zoning: The property is zoned TR-6, Two-Family Residential & SR-4, Single Family Residential (City of Sterling).
Comments: The property is improved with three storage sheds, of which two are approximately 488 square feet each, and one is approximately 140 square feet, all according to the Whiteside County Asssessor.
Future development potential within the city of Sterling. Contiguous to Scheid Park, and in close proximity to major travel corridors and employers. The property has high quality soils and income from tillable acres.
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