The Colberg Farm
Total Acres: There are a total of 147.5 acres, more or less, estimated
Tillable Acres: There are approximately 126 tillable acres, estimated. The Weighted Average Corn Yield Index is 175.3 bu/ac and the Productivity Index is 129.3.
Soil Types: Major soil types found on this farm include Plano silt loam and Jasper silt loam.
Topography: The topography of the subject farm is level.
Price Terms: The asking price is $14,500 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 can be provided upon request.
Taxes: The 2018 real estate taxes are to be determined pending a parcel split. The tax parcel numbers are: Part of #15-10-251-001, Part of #15-10-401-009, and all of #15-10-476-002 & #15-15-226-001.
Grain Markets: There are a number of grai...
Grain Markets: There are a number of grain markets located within 10 miles of The Colberg Farm.
Zoning: The farm is zoned I-1 (Light Industrial) and C-3 (General Commercial).
Comments: Area incentives include: Global Trade Park 2 TIF District, Rockford Enterprise Zone and Foreign Trade Zone. Highly desirable for import/export, distribution, logistics, airport services, consumer services, car rental locations and other related services.
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Location: The subject farm is located approximately 62 miles northwest of Chicago O'Hare International Airport and is within the city of Rockford.
Frontage: There is approximately 1/4 mile of road frontage on U.S. Route 20 and approximately 1 mile of Rock River frontage.
Major Highways: U.S. Route 20 is the northern property border, Illinois Route 2 is 1/8 mile west, Illinois Route 251 is 1 1/4 miles east, and Interstate 39/U.S. Route 51 is 4 miles southeast of the property.
Legal Description: A brief legal description indicates The Colberg Farm is located in Part of the East Half of Section 10 and Part of the Northeast Quarter of Section 15, all in Township 43 North Range 1 East (Rockford Township), Winnebago County, Illinois.