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000 Rt 38 Rochelle, IL 61068 Land - Farm Active

  • 000 Rt 38, Rochelle, IL 61068 Main Photo

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Description

This highly desirable parcel of land is located on the west edge of Rochelle and offers an incredible opportunity for any farmer, investor or developer! This 155 (MOL) acre parcel offers Class A soils with an average PI of 134 and features Drummer, Elburn. Plano and Kendall soils. There are approximately 151 tillable acres. This parcel boasts frontage on Rt. 38 and E Fisher Rd on the south and Center Rd on the east. There is a large capacity sewer main adjacent to this parcel as well as other utilities near by. This property is currently zoned AG-1, however the City of Rochelle's Comprehensive Plan identifies portions of the western Rochelle corridor, the area this farm is located in, for potential future residential, industrial, warehouse, distribution and related growth uses, indicating a great buy and hold opportunity on this parcel! This parcel is located just minutes from I-88 and I-39 and close to Rockford and the Dekalb/Sycamore area. This parcel is part of a 484 (MOL) acre offering and more land is available. Please call for more information.

Property Highlights

Property Type: Land - Farm
Total Acres: 155.00 Acres

General Information

County: Ogle
High School: Rochelle Township High School
Listed By:
Remax Future 773-328-8055
MRED MLS
$2,852,000
Est. $19,035/mo
Active
LOT SIZE 155.000 acres MLS#12674453
STATUSActive PROPERTY TYPELand - Farm SCHOOLDistrict 212

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Ruhl&Ruhl Realtors
563.441.1776

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000 Rt 38, Rochelle, IL 61068.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,852,000$2,852,000$2,852,000
Down Payment $99,820$0$570,400
Monthly Mortgage Amount $17,015$17,938$14,234
Taxes $3969$3969$3969
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,711$0$0
Monthly Estimated Total $23,527$22,739$19,035

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