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Malta Road
Clare, IL 60111

$2,224,537 USD

Land For Sale  •  155.02 AC

Property Details

  • Property Type Land
  • Lot Size 155.02 AC
  • Zoning A-1
0 Walk Score

Description

Location: The subject farm is located approximately 49 miles west of Chicago O'Hare International Airport. Nearby cities include: Kirkland (5 miles north), DeKalb (6 miles southeast), and Rochelle (8 miles southwest).

Frontage: There is approximately 3/8 mile of road frontage Malta Road.

Major Highways: Illinois Route 64 is 1/2 mile south, Illinois Route 72 is 5 miles north, and Interstate 39/U.S. Route 51 is 6 7/8 miles west of the property.

Legal Description: A brief legal description indicates The Malta Road Farm is located in Part of the Southwest Quarter of Section 22, Township 41 North – Range 3 East (South Grove Township), DeKalb County, Illinois.

Total Acres: There are a total of 155.02 acres, more or less, according to the DeKalb County Assessor.

Tillable Acres: There are approximately 144.75 cropland acres according to the DeKalb County FSA. There are 144 acres leased for the 2026 crop year.

Soil Types: Major soil types found on this farm include Catlin silt loam and Danabrook silt loam. The weighted average Productivity Index (PI) is 130.4.

Topography: The topography of the subject farm is level to gently rolling.

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 $14,350 per acre. 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 $6,781.48. The tax parcel number is #04-22-300-002.

Grain Markets: There are a number of grain markets located within 15 miles of The Malta Road Farm.

Zoning: The property is zoned A-1, Agricultural.

Public Transportation

AirportDriveWalkDistance
Chicago/Rockford International 39 min - 25.4 mi
Mark T. Mommsen 815-901-4269 Martin, Goodrich & Waddell Inc.
Mark T. Mommsen 815-901-4269 Martin, Goodrich & Waddell Inc.