DRAKE TRUST FARM: 226.67 taxed acres

PRICE: $2,606,705 based on $11,500 per acre

LOCATION: 3.5 miles south of Shabbona, IL on Shabbona Road to North Sleepy Hollow Road, then east 1/2 mile to farm on south side of North Sleepy Hollow Road east of railroad.

DESCRIPTION: The SE 1/4 of Sec 3 and the N 1/2 of NE 1/4 Sec 10, all in T37N R3E, Paw Paw Township, DeKalb County, IL. Excluding building site at NE corner.

DEKALB COUNTY:    PIN                             Taxed Ac        Taxes             

                                    16-13-400-007               109.25             $3446.86        

                                    16-03-400-002                39.00               $1375.74                   

                                    16-10-200-001                 58.82               $2026.80

                                    16-10-200-002                 19.60               $897.98

                                    Total:                                  226.67             $7747.38        

REAL ESTATE TAXES: 2022 real estate taxes payable 2023 total of $7747.38. Equal to $34.18 per acre.

SOILS: Predominate soils are Wingate and Otter silt loams, with Drummer silty clay loam, Octagon silt loam, Flanagan silt loam and others. SOIL PI = 124.1.

FARM LEASE: Seller retains 2023 lease income and will pay 2023 taxes. Free of lease for 2024 crop year.

CROPLAND:  FSA reports 216.22 acres of cropland, including 12.90 acres of CRP. Current annual CRP payments of $4,420.00. FSA Farm #8294, Tracts 1293 and 9699.

CRP ACREAGE:        CRP 11062A, 1.0 ac,                     $260 annually, expires 9/30/2024

CRP 11203A & 11207A, 8.70 ac, $3,024 annually, expires 9/30/2025

CRP 11301A & 11302A, 3.20 ac, $1,136 annually, expires 9/30/2026

All information deemed to be accurate and from reliable sources, but not guaranteed.